Trading Venues

Almost 40% of US electronic traders have "a lot" of interest in having "more innovative" trading venues to choose from, according to the latest Coalition Greenwich report.

In celebration of The TRADE’s twentieth birthday, editor Annabel Smith rounds up the 20 greatest trading innovations of the last few decades, exploring the solutions that have overhauled and reimagined the processes that traders depend on day in and day out to execute in the markets.

Development will allow banks and brokers using ION’s technology stack to offer clients advanced execution capabilities and clearing services on the newly launched exchange from day one.

The winner of the Industry Person of the Year Award 2024 will be decided by a live industry vote that will take place at Leaders in Trading on 7 November.

“PureStream on Nasdaq Europe will provide greater choice of trade execution mechanisms to our clients and help institutional investors navigate the European trading landscape,” said Nasdaq’s Nikolaj Kosakewitsch; launch is expected in Q1 2025.

Algorithmic Trading, Execution Management Systems, and Editors’ Choice Awards announced today with Buy-Side Awards set to follow later this week.

The transaction is expected to complete in Q4 this year and builds on LSEG’s Acadia acquisition that took place in 2022.

New options exchange will be an electronic venue offering access to the full multi-listed options market while relying on a pro-rata model.

FMX Futures Exchange (FMX) will go live on 23 September with SOFR futures and will add US Treasury futures in the first quarter of 2025.