- Off-exchange market share in US equities continues to shatter record highs
- Canada’s TMX Group joins the off-board party by launching a US ATS
- The Texas Stock Exchange files its Form 1 registration with the SEC, while IEX continues to add rebate tiers — both signs of never-fiercer competition among US stock exchanges
- Retail brokers seek to give hungry DIY traders more products — like CME futures — and hours in which to trade them. Will the rest of Wall Street go along for the ride?
- Euronext’s CEO acquires Nasdaq’s Nordic power markets, while publicly targeting a host of other European assets that don’t appear to be for sale.
- An academic study concludes that human NYSE floor traders “are important contributors to market quality.”
- As SEC Chair Gary Gensler waves goodbye, what’s on nominated successor Paul Atkins’ agenda? And will he take office in time to achieve it?
- Meanwhile, the SEC and other federal agencies get squeezed tighter by the grip of deeply partisan politics
- The financial world’s AI prowess yields DeepSeek, rocking the tech economy, while market participants like XTX continue to pursue major AI projects that will both create and destroy industry jobs
- Crypto bros and TradFi straights alike confront a brave, new world for cryptocurrency policy
View the report
