Credit Suisse Group paused the launch of a credit fund run by star trader Hamza Lemssouguer as it dials back risk.
More buy-side firms are looking at outsourced trading as COVID-19 shines a spotlight on costs, business continuity and remote working.
Clearinghouses are weighing whether to shift trillions of dollars of derivatives away from the LIBOR weeks before the benchmark expires.
Caisse de Depot et Placement du Québec is now a lead investor in exchange operator IEX Group.
London Stock Exchange Group has agreed to sell its Italy-based stock exchange, paving the way for its planned acquisition of Refinitiv.
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.
Shortening the European trading day could be detrimental to markets and end investors, warned a trade group for the exchanges.
China is weighing merging its two biggest brokerage firms to create a company that can better compete with the global investment banks.
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.
The SEC approved a new pricing mechanism from Cboe that allows traders to bypass fees charged by other exchanges for closing auctions.
IEX Group submitted a fee filing to the SEC aimed at providing transparency into the cost of connecting to exchanges.
The ongoing shift to passive from active management and the rising volatility of equities have challenged buy-side head and senior traders.
London Stock Exchange Group agreed to snap up Refinitiv in a $27 billion blockbuster deal, betting on a future dominated by data.
London Stock Exchange Group is in talks to acquire financial data and trading platform provider Refinitiv in a possible $27 billion deal.
Cboe Global Markets' proposal to introduce a speed bump in the U.S. equities market is hitting some speed bumps of its own.
CME Group's newly launched Micro E-mini futures had stronger volume than expected for a newly listed derivative in its first week.
Former SEC Commissioner Kara Stein joined the board independent stock exchange IEX Group.
Japanese brokerage Nomura Holdings plans to revive a business that suffered hefty losses last year through cost-cutting and restructuring.
Major exchanges have asked a federal court to stop the SEC's transaction fee pilot program.
London Stock Exchange Group unveiled the first deal under its new leadership, taking a minority stake in settlement giant Euroclear.
Exchange prices for market data and connectivity are higher than they need to be, according to a research report IEX Group sent to the SEC.
Goldman Sachs and Morgan Stanley asked some counterparties to cancel or amend trades in Jardine Matheson after a $41 billion flash crash.