NDAQ will migrate NDAQ CXC and NDAQ CX2 to INET in 1Q17. NDAQ will move its Canadian technology footprint from the Equinix TR1 data center to the Equinix TR2. NDAQ also will move its disaster recovery facility from Toronto to Chicago to provide more geographic diversity. NDAQ will introduce a new dark pool in Canada later this year.
NDAQ, in a letter to the SEC, issued recommendations that would restrict the jurisdiction of stock markets for not including the input of the best-known U.S. exchange operators.
LSE's LCH Spider, launched on Monday, has no live users yet. Nine banks completed Spider testing and are preparing to go live.
SGX is seeking to capture foreign currency bonds secondary trading and recruiting more participants, as its IPOs are experiencing a multi-year slump.
Budapest SE's authority was broadened by Hungarian Parliament as part as modifications to laws regulating the financial intermediary system. BSE can now provide advisory services to companies wishing to list on the stock market, and can now operate platforms that support fundraising from capital markets, among others.
XTX, a computerized trading firm, is now the fourth biggest spot FX trader, accounting for 7.6% of trading. XTX was in place nine in 2015.
SEBI will issue draft proposals for High Frequency Trading, proposing speed bumps and minimum resting time to level the playing field.
China’s CSRC now allows foreign investors and domestic financial institutions to trade crude oil, iron ore and rubber futures, in an step to internationalise the futures market.