The foreign exchange (FX) markets have undergone significant transformation with electronic platforms comprising a greater share of activity. However, the nature of trading has also changed and venues will have to up their game if they want to attract and retain a growing and diverse group of market participants, according to a new report, “FX… Read More >>
SEC Approves IEX, Speed Bumps and All
After a four-year journey, the IEX Group has secured the SEC’s approval to launch a new securities transaction exchange that will allow speed bumps against high-frequency trading (HFT) that in theory will allow for a more level playing field, particularly for buy-side firms that have been burned by HFT firms. Late last week, the SEC… Read More >>
IEX Group Promotes to Fill President’s Post
IEX Ups CSO to President Startup stock exchange IEX, the buy-side-owned alternative trading system, reports the promotion of Ronan Ryan, its current chief strategy officer (CSO), to president. Meanwhile, Eric Stockland, of KCG Holdings, becomes the new CSO, “responsible for representing IEX in industry and regulatory policy discussions, guiding product strategy, and serving on several… Read More >>
