SEC: Current NMS Has Too Many Conflicts of Interest Citing conflicts of interest in the current national market system (NMS), the SEC is ordering equity exchanges such as the Nasdaq Stock Market and New York Stock Exchange, and FINRA, the self-regulatory organization (SRO) for U.S. broker-dealers, to revamp and improve the governance of market data… Read More >>
Fidessa Partnership Program Open to Post-Trade Vendors
London-based electronic trading platform and services vendor Fidessa has launched a Partnership Program for selected third parties to integrate their wares with Fidessa’s trading workflow platform, and the program is open to post-trade services and systems providers. “We are exploring partnerships across all areas of the customers’ workflow and as part of that we have… Read More >>
SEC Forms Market Structure Committee
The SEC has announced the members of a new Equity Market Structure Advisory Committee, which will look at the structure and operations of the U.S. equities markets, officials say. The committee “will provide a formal mechanism through which the Commission can receive advice and recommendations specifically related to equity market structure issues,” according to an… Read More >>
