NYSE Plans "Innovative" Off-Hours Service In Response To Growing Competitive Threat

THIS WEEK'S LEAD STORIES

The New York Stock Exchange is finally getting serious about off-hours trading, according to a report published last week in the New York Times. NYSE spokesman Richard Torrenzano declines to confirm or deny the accuracy of the report, saying only that, "For the past two years, exchange officials have consulted with a wide range of customers worldwide to assess demand for an off-hours trading facility. When our customers want such a system, we will quickly provide an innovative service to meet

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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