The clearinghouse that played a role in January's Reddit-fueled market frenzy is proposing that settlement times for stock trades be halved.
Nasdaq agreed to sell its U.S. fixed-income electronic trading platform to an affiliate of Tradeweb Markets.
Clearinghouses are weighing whether to shift trillions of dollars of derivatives away from the LIBOR weeks before the benchmark expires.
Citadel recruits Jay Rubenstein, Morgan Stanley's head of commodities trading, to join its team.
FTSE Russell will remove eight Chinese companies from its global and China A indexes in response to a White House order.
Caisse de Depot et Placement du Québec is now a lead investor in exchange operator IEX Group.
Banks should stop using the London interbank offered rate for new transactions before the end of 2021, banking regulators said.
Citadel Securities plans to buy the market-making unit of IMC Financial Markets, expanding its presence at the New York Stock Exchange.
London Stock Exchange Group has agreed to sell its Italy-based stock exchange, paving the way for its planned acquisition of Refinitiv.
Interdealer broker TP ICAP is in advanced discussions to acquire share-trading platform operator Liquidnet in an up to $700 million deal.
U.S. stock exchanges and market makers are joining forces to fight a proposed tax on financial transactions being weighed in New Jersey.
Robinhood Markets and TD Ameritrade resolved trading and other technical problems that were part of wider industry glitches Monday.
Daniel Leon was named global head of trading, treasury management and global solutions at HSBC Global Asset Management.
Shortening the European trading day could be detrimental to markets and end investors, warned a trade group for the exchanges.
Sophie Lugiez was appointed head of global trading at BNP Paribas Asset Management.
Shortening market trading hours may lead to improvements in diversity and well-being, but may damage London's status as a financial center.
A number of changes to European trading rules are necessary to ensure best execution and to enhance pre- and post-trade transparency.
A new national securities exchange, founded by financial firms and known as MEMX, gets a greenlight from the SEC.
Wall Street trading desks notched the best quarter in eight years as clients rushed to change or hedge positions amid the COVID-19 outbreak.
China is weighing merging its two biggest brokerage firms to create a company that can better compete with the global investment banks.
The world's largest sovereign wealth fund wants brokers and exchanges to continue to develop how they manage closing auctions.
Asset managers find "it's bad to be slow in a fast market," while they live the worst of both as Wall Street traders work from home.
The trading firm, which traded at CME, was unable to meet its capital requirements.
Institutional investors are backing a proposal from IEX Group that aims to help level the playing field on executing stock orders.
Suggestions to remedy perceived problems caused by the Markets in Financial Instruments Directive II could mean more upheaval for managers.