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Third-Market Services Spanning The Globe For New Customers

THIS WEEK'S LEAD STORIES

Looking to reap the benefits of global markets, two of the largest crossing networks in North America announced last week plans to operate matching services for overseas investors. Active in North America, third-market systems afford institutions the luxury of trading large amounts of stock without affecting the current market price, all at low commission rates.

Jefferies & Co., a broker-dealer for third market clients, and BARRA, the California-based consultant and risk management software firm

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DTCC dives into public cloud

The clearing house has begun migrating its equities clearing and settlement systems to AWS, while its tokenization systems have migrated to Microsoft Azure ahead of their launch this fall.

Solving the last line of latency

Repurposed copper cables and hollow-core fiber can optimize latency even for firms who feel they’ve hit a ceiling, writes Vahan Sardaryan in this guest column.

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