The companies, products and regulatory developments shaping the broker industry.
The broker is broadening access to real-time and delayed prices, instrument reference data and corporate actions through LSEG; the deal has no disclosed price or measured execution improvement.
The exchange segment generated $1.542bn within group net revenue of $2.765bn; transaction revenue outpaced recurring income.
CQG users gain an event-contract trading route through front ends and APIs; the NYFIX extension is still prospective.
The joint offering combines GBE Prime pricing with Trade Processor routing and risk controls, but brokers still choose the dealing model, aggregation logic, client conditions and other liquidity routes.
The issuer reports $1 billion of assets and more than 1,500 tokenised instruments. Its minting and share-conversion routes have separate eligibility and operating terms.
The new service links quotes, fills and client records while allowing banks and brokers to retain control over how outsourced crypto services reach their customers.