The NYSE once again has informed the New Jersey legislature that it would move operations out of the state if Trenton decides to impose an electronic financial transaction tax (FTT), Bloomberg Law ($) reported on Monday. The Intercontinental Exchange-owned business conducted a September test where it moved its operations out of the state, according to…
Tag: exchanges
Architecture, Trading
Electronifie Joins Electronic Fixed-Income Fray
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•Electronig
Trading
Electronic Trading Makes Frontier Markets More Attractive
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•The global frontier markets are mature enough to give the emerging markets a run for their money, according to Aite Group’s Danielle Tierney and Gabriel Wang. The industry analyst firm recently published a research note, Frontier Markets: Emerging World: Exploring the New Frontier, in which the authors examine the macroeconomic and fundamentals of 65 frontier…
Current Events
Bats Global Markets & Direct Edge: A Brazilian Love Story?
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•It has been a couple of crazy weeks. I am not referring to geo-political issues, but the markets. Goldman Sachs wrested the title of “Most Embarrassing Algo Screw Up” away from Knight Capital and an exchange-connectivity issues halted Nasdaq-listed trading for close to three hours. Either incident could keep a financial-technology writer busy for a while. However, when…
Current Events, Trading
BATS New Data Fees Published in Federal Register
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•In filings dated July 3, but posted in today’s Federal Register, the US Securities and Exchange Commission (SEC) published the new fees that the BATS Exchange charges for its major market data feeds and logical port connections, which went into effect on July 1. Officials from exchange operator announced in April that it would begin charging…