The companies, products and regulatory developments shaping the broker industry.
The November notice and Exhibit 5 both describe halving a securities-contract fee, but their old and new rates differ by a decimal place. A comparison with the member-incentive schedule separates the unresolved tariff from readiness payments and customer charges.
STS Digital Ltd. is offering institutional clients crypto, tokenised equities, FX and commodities through one principal counterparty, with portfolio margining whose benefits depend on collateral and offset terms.
Hypercall says 24/7 cash-settled Anthropic-linked options will open on 9 November. The contracts do not confer shares or an IPO allocation, and the pre-launch status plus reference methodology remain central risk questions.
Eligible customers get a 7:30–9:25 a.m. ET premarket session for specified stock and ETF options, plus limited postmarket access that differs by contract.
Robinhood reported $173 million of event-contract transaction revenue versus $120 million from crypto and $399 million from options, a material reshaping of its brokerage business.
An SEC-noticed EDGX filing would add complex-options auction events and executed price levels to paid T+1 missed-liquidity reports, not real-time proprietary signals.
Bullish reported $37.7 billion in October trading volume, down from $48.6 billion in September; the mix reveals a deeper contraction in options than in spot business.
Tiger Brokers Singapore plans early and late US options sessions on Tiger Trade, subject to product coverage and client eligibility; the scheduled rollout is not yet an executed launch.
A 3 November SEC notice identifies a granular options data product under an immediately effective filing; launch and operational availability require separate confirmation.
Profit reached about ₹809 crore in the September quarter, while operating revenue grew 34% year on year. Both measures declined from the preceding quarter.
The connector links charting users with Clear Street brokerage accounts for equities, ETFs and listed options, while regulatory exchange fees and investor-protection limits remain.
ICE Futures U.S. has issued separate notices for cattle and hog futures and options targeted for 7 December, giving brokers time for product setup and risk tests.
The 30 October SEC notice describes member-specific T+1 auction timing and price fields, not a real-time public order feed or evidence that every missed fill was avoidable.
Cboe’s options rule change introduces GTH Only and GTH-and-RTH-only instructions, earlier queuing and session-specific quoting obligations, helping firms prevent orders from unintentionally rolling into the Curb session.
Event contracts generated $173m against crypto’s $120m; unrealised investment losses and higher expenses weighed on the quarterly result.