The companies, products and regulatory developments shaping the broker industry.
The US agency broker is adding a specialist to its outsourced trading desk; the announcement supplies no independently measured trading-quality gains or assets under management.
Nasdaq Investment Firm B.V. is authorised for a planned institutional volume-targeted execution service using PureStream technology.
BGC’s investor-day disclosures put the next phase of FMX’s expansion around client adoption and portfolio margining. The commercial opportunity depends on where customers clear their swaps and whether they bring offsetting futures risk to the venue.
Ripple, Kraken, Coinbase and BitGo are the initial execution partners for a planned fourth-quarter programme drawing on Evernorth's 473 million XRP treasury.
Institutions can approach selected counterparties through familiar trading systems with invitations backed by live orders. The workflow aims to find matching interest while giving the initiating trader more control over information disclosure.