BMLL, an independent provider of Level 3 data and analytics, is expanding its data coverage to include more Canadian exchanges, which will operators to better analyze venue performance and liquidity dynamics against local and global peers, officials say. The expansion means that Level 3 data is now available from all major Canadian trading venues and… Read More >>
FINRA EVP of Regulatory Ops to Depart
FINRA’s Axelrod to Help with Transition The Financial Industry Regulatory Authority reports that Susan F. Axelrod will leave the organization early in the new year for the private sector, after 28 years at FINRA and NYSE Regulation, its predecessor. She has been executive vice president for regulatory operations since 2013, responsible for heading the member… Read More >>
TSX Jolts the Mutual Funds Market in Canada
The Toronto Stock Exchange (TXS) is taking on the operational and cost inefficiencies in the processing of mutual fund transactions via the launch of TSX NAVex for Canadian market participants, namely dealers and mutual fund manufacturers. The TXS NAVex is an attempt to provide automation for mutual fund processing, which is mostly manual now, says… Read More >>
