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Rosenblatt's Market Structure News Digest

Rosenblatt's Market Structure News Digest
  • Bloomberg News attempts to shine a light on ATS private rooms
  • NYSE and Nasdaq’s countermeasures illustrate the real competitive threat posed by the Texas Stock Exchange
  • TXSE appears to be complementing its focus on corporate listings with also pursuing ETPs
  • MEMX gets SEC approval to launch a second exchange
  • The industry continues to move in fits and starts toward overnight trading
  • Elon Musk’s DOGE infiltrates the SEC, which is pursuing an enforcement action against him
  • Elizabeth Warren appears determined to ensure SEC Chair nominee Paul Atkins doesn’t sell his firm to someone seeking access to him
  • The industry forges ahead with AI implementation, even as both internal and regulatory concerns mount
  • A stablecoin bill makes some progress in Congress, despite Democrats’ concern about the president’s conflicts of interest in crypto world

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