News
(Global Trading)
The London Stock Exchange Group has finally come out with a stance on the consolidated tape, an issue on which it has hitherto remained cautious. A new statement released today by head of market structure Jessica Morrison urges an “accurate post-trade tape” but says that “a robust use case” for including pre-trade data is lacking.
(Bloomberg)($)
The up-and-comers of Wall Street gathered not around an open bar, but tables with chess boards. Traders and quants from Goldman Sachs Group Inc., Jane Street and Bank of Montreal were among those congregating at the headquarters of IEX Group Inc. to compete in a bi-annual chess tournament. ClearBridge Investments and WorldQuant were represented, too.
(IEX Exchange)
In this recent Chart of the Month from IEX, the data shows that D-Limit’s unique features allow brokers to achieve an average of 28 mils of pre-trade price improvement per share, compared to 0 at all other exchanges, writes Sam Stevens, IEX’s Head of Business Analytics.
(The Trade)
Exegy, ING and Optiver have become the latest organisations to join non-profit organisation Sustainable Trading, which is dedicated to transforming environmental, social and governance (ESG) practices in the global markets landscape.
(The Desk)
European asset manager Amundi is set to become a strategic shareholder in global asset management firm Victory Capital, following a signed Memorandum of Understanding (MoU) between the two companies.
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