The companies, products and regulatory developments shaping the broker industry.
Existing BOEv2 users have a phased transition, with new protocol sessions opening in February and the predecessor scheduled for retirement in July.
The integration adds a pricing source to Apex aggregation and routing, with advertised coverage above 2,000 instruments and up to 10 levels of depth.
Their September partnership connects granular training data with a simulated venue; existing Pulse documentation shows how algorithms can enter and validate test markets.
The scheduled December launch will package VIX options with a futures hedge; TT will process the futures leg but will not provide order entry for the combined instrument.
The service puts child-order decisions close to venue matching engines and charges on executed volume, changing the infrastructure calculation for institutional desks.
New CROSSx access gives Apex brokers configurable order-book pricing. The venue’s execution-only structure leaves credit and settlement in separate arrangements.