Nasdaq
CTA, UTP to merge into single Consolidated Tape Plan under DataCT
Randall Hopkins, former head of market data at Nasdaq, will join the new company to build and run it.
Red alert: how Nasdaq’s Smarts became surveillance blind spot
Software that looks for shifty trades has been asleep on the job, affecting alerts for hundreds of products.
NYSE files with SEC to join DTC’s tokenization pilot
Proposal mirrors one filed by Nasdaq last fall to allow investors to choose whether a security is cleared and settled in tokenized form.
Nasdaq and Talos partner for tokenized collateral management, new prediction markets offerings, and more
The Waters Cooler: Allvue adds private markets performance benchmarking and Equinix scales datacenter talent program in this week’s news roundup.
Optimizing front-, middle- and back-office workflows through managed services
Firms can build the business case for managed services, reduce dependence on legacy platforms, and create a data and operating foundation ready for advanced analytics and AI-driven automation
Florida and folly: Boca attendees forecast the future of market structure
Prediction markets, 24-hour trading, and tokenization were the topics du jour at FIA Boca this year, indicating that markets are getting more comfortable with the unconventional.
CME’s Duffy addresses outages as exchanges push toward 24/7 trading
As senior exchange execs fielded questions about overnight trading in equities, the theme of resiliency lingered.
Esma supervision proposals ensnare Bloomberg and Tradeweb
Derivatives and bonds venues would become subject to centralized supervision if the proposed reforms go through.
Everything you need to know about market data in overnight equities trading
As overnight trading continues to capture attention, a growing number of data providers are taking in market data from alternative trading systems.
Fintechs grapple with how to enter Middle East markets
Intense relationship building, lack of data standards, and murky but improving market structure all await tech firms hoping to capitalize on the region’s growth.
Will overnight trading in equity markets expand next year? It’s complicated.
The potential for expanded overnight trading in US equity markets sparked debate this year, whether people liked it or not.
Citadel Securities, BlackRock, Nasdaq mull tokenized equities’ impact on regulations
An SEC panel of broker-dealers, market-makers and crypto specialists debated the ramifications of a future with tokenized equities.
Nasdaq’s blockchain proposal to SEC gets mixed reviews from peers
Public comment letters and interviews reveal that despite fervor for tokenization, industry stakeholders disagree on its value proposition.
LSEG and Nasdaq partner, MarketAxess’ new auctions, TXSE raises $250M, and more
The Waters Cooler: UBS executes its first tokenized fund transaction, LNRS opens APAC datacenter, MayStreet hits back in court, and more in this week’s news roundup.
Nasdaq looks to ramp up tokenized securities efforts
Nasdaq CEO Adena Friedman wants to see tokenized securities come to the US markets “in a staged process.”
Bolsa Mexicana embarks on multi-year modernization project
Latin America’s second largest exchange is embracing cloud and upgrading its infrastructure in a bid to bolster its global standing, says CEO.
Nasdaq to deploy Calypso on AWS, expanding cloud partnership
The platform is the latest piece of tech to move to AWS as the exchange operator looks to offer more cloud-native services.
Is 2027 the new 24-hour trading target?
Slew of technical issues and dearth of SEC staff compound exchanges’ reluctance for round-the-clock equity trading.
Is exchange tech ready for 24/7 markets?
Overnight trading is coming to equities markets. Venues and vendors, both new and old, are preparing for it.
EU, US consolidated tape efforts pass important milestones
The IMD Wrap: Europe is setting up its first consolidated tapes of data, while the US is revamping its tapes into one. Both initiatives should bring greater transparency and efficiency to the capital markets.
Google gifts Linux, capital raised for Canton, one less CTP bid, and more
The Waters Cooler: Banks team up for open-source AI controls, S&P injects GenAI into Capital IQ, and Goldman Sachs employees get their own AI assistant in this week’s news roundup.