IEX plans to charge “simpler, cheaper” listing fees, according to IEX head of listings Sara Furber. In October, IEX will roll out a flat fee structure for the first companies that call its Investors' Exchange their home, Furber said. Other venues charge companies based on the number of outstanding shares they have, which is costlier not only for companies with more shares but potentially for those that perform stock splits or make acquisitions.
CBOE: Hotspot appointed Mike Cahill to London-based sales team.
ASX confirmed it will complete an assessment of the distributed ledger technology (DLT) to replace the CHESS system by year end.
SGX is now offering both price return and net total return (NTR) versions of MSCI equity index futures contracts. The MSCI NTR Index Futures Contracts have been certified by the CFTC, enabling US investors to trade directly from within the US.
Bucharest SE (BVB) CEO believes the biggest challenge for Romania’s capital market is liquidity, according to Business Review.
ICEX to launch diamond futures on 28-Aug.
FISERV acquired Dovetail, a provider of bank payments and liquidity management solutions.
VIRT plans to sell BondPoint. BondPoint corporate bond trading volume is averaging $300m per day.
SEBI Chairman Ajay Tyagi expects the Insolvency and Bankruptcy Code (IBC) to boost investor confidence and encourage fund inflows into the corporate bonds market, especially in low-rated instruments.
SEBI to defreeze NSEL’s former CEO, Anjani Sinha, and MCX’s ex-chief, Joseph Massey, that were frozen in an alleged insider trading case. SEBI informed the decision when the Securities Appellate Tribunal was hearing the pleas filed by the two individuals against the Sebi order.