Market shifts away from submission-based pricing, toward independently validated reference prices.

Aim is to increase information access and transparency for end user investors.

Traders Magazine takes a look at how the exchange rebate system has (or hasn't) changed since 2011.

From The Markets

IEX's Schwall to Retire

A fireman's son, Schwall’s exit caps a 20+ year career on Wall Street.

From The Markets

Whither LSEG?

KBW analysts believe the exchange operator is more likely to buy Refinitiv than be bought by HKEX.

Nasdaq CTO assesses how cloud, data, and AI will impact market operators.

MERJ exchange is partnering with London-based Globacap to distribute securities in Europe.

Shares listed in New York can trade in London during UK trading hours.

Hartman will succeed Roger Peleback on October 1.

ESMA proposals for CCPs may fragment global markets and increase costs.