Chi-X, Sinclair, IPC

Chi-X Not Seeking Replacement for Departed Misra

Officials at pan-European multilateral trading facility Chi-X Europe say the MTF will not be replacing former chief operating officer Hirander Misra, who last week announced his resignation "to pursue other interests." Before becoming COO in 2007, Misra was senior vice president, head of product development and board director of Chi-X at then-parent Instinet, prior to which he was head of European exchange connectivity at Instinet. Sources say that

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

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