TD Bank plans to acquire New York-based broker-dealer Albert Fried & Co, to expand its presence in the U.S. prime brokerage sector.
Euroclear France, Belgium and the Netherlands, as well as VP Securities of Luxembourg and Denmark completed migration to the European Central Bank’s Target2-Securities (T2S) settlement engine.
U.S. House Financial Services committee approved a bill, the Financial Choice Act, to roll back significant portions of the Dodd-Frank Act.
Bolsas y Mercados Argentinos S.A. (B&MA): SWIFT announced that Argentina’s central securities deposit, Caja de Valores, is now fully operational directly on its network. Caja is now executing all its international transactions via SWIFT. In July 2016, the Argentinian government pledged to help revive the currently fragmented capital markets by supporting the creation of B&MA.
The Investor's Exchange (IEX) sent a letter to the U.S. Securities and Exchange Commission commenting on NYSE's rule filing on co-location fees. IEX said "NYSE should be more transparent about the origin and evolution of these fees." IEX also questions "whether there are any true alternatives that are practically available to various types of participants who are seeking to compete with those who are paying exchanges for co-location and data services."
Moscow Exchange (MOEX) Supervisory Board adopted new tariffs for the Derivatives Market. New fees will be ad valorem expressed in basis points and will be set per each group of contracts.
NEO Exchange announced that BlackRock intends to move the listing venue for certain iShares exchange-traded funds from Toronto Stock Exchange (TSX) to NEO.
Singapore Exchange (SGX): Ong Ye Kung said in Parliament "SGX needs to do better at reducing the frequency of trading disruptions and managing any of these disruptions well.”
Deutsche-Borse (DB1): Xetra-Gold exceeded 100 tons in physical held in custody for the purpose of backing the Xetra-Gold bond, +70% YTD.