NYSE Plans "Innovative" Off-Hours Service In Response To Growing Competitive Threat

THIS WEEK'S LEAD STORIES

The New York Stock Exchange is finally getting serious about off-hours trading, according to a report published last week in the New York Times. NYSE spokesman Richard Torrenzano declines to confirm or deny the accuracy of the report, saying only that, "For the past two years, exchange officials have consulted with a wide range of customers worldwide to assess demand for an off-hours trading facility. When our customers want such a system, we will quickly provide an innovative service to meet

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Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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