More buy-side firms are looking at outsourced trading as COVID-19 shines a spotlight on costs, business continuity and remote working.
The clearinghouse that played a role in January's Reddit-fueled market frenzy is proposing that settlement times for stock trades be halved.
FTSE Russell will remove eight Chinese companies from its global and China A indexes in response to a White House order.
Banks should stop using the London interbank offered rate for new transactions before the end of 2021, banking regulators said.
The SEC approved a new pricing mechanism from Cboe that allows traders to bypass fees charged by other exchanges for closing auctions.
Northern Trust Corp.'s capital markets division has developed a machine-learning based pricing engine for securities-lending clients.
London Stock Exchange Group is in talks to acquire financial data and trading platform provider Refinitiv in a possible $27 billion deal.
One of China's biggest brokerages is being probed by regulators after suffering large trading losses that also wound up hitting Citigroup
London Stock Exchange Group unveiled the first deal under its new leadership, taking a minority stake in settlement giant Euroclear.
A new kind of long-term stock exchange initially approved by federal regulators now faces a less certain fate.
Institutional investors should be looking ahead to 2019 as consolidation audit trail implementation begins.
The SEC's first high-profile rejection of some Nasdaq and NYSE fee increases could lead to more oversight of market fees and practices.
Trade connectivity costs could be the latest fee to come out in the open.
Merrill Lynch, Pierce, Fenner & Smith agreed to pay a $42 million penalty for misleading institutional customers about how it handed their trading orders.
Markets trading cryptocurrency futures will be required to enhance their oversight, work closely with regulators and increase reporting.
A former State Street executive was arrested on charges he conspired to defraud an insurance company by secretly overcharging it on transition management fees.
Bank of America's corporate and investment banking division agreed to pay $42 million to settle a New York state probe.
A cryptocurrency startup backed by a credit-default swaps pioneer just took two big steps toward bringing new derivatives contracts to ether and bitcoin.
Managers and asset owners are increasingly concerned about the cost of purchasing proprietary market data from exchanges, conference speakers say.
Futures on the world's most popular cryptocurrency surged as much as 26% in their debut session on Cboe Global Markets' exchange.
The prospect of blockchain technology remaking financial services just moved a step closer to reality.
Intercontinental Exchange agreed to acquire electronic fixed-income trading venue BondPoint for $400 million in an all-cash deal.
Transaction cost analysis providers are moving into more complex derivatives asset classes, in part to meet MiFID II requirements.
The success of reducing the settlement cycle in the U.S. to T+2 has some people wondering if there could be a further reduction.
Money managers disagree on whether investors and markets are complacent, but they agree that external factors are feeding into the lower levels of the VIX.