Direct Edge
Direct Edge Adds Pre-Trade Risk Controls
Direct Edge has added EdgeRisk Controls, a pre-trade risk tool for its EDGA and EDGX Exchanges, which facilitates compliance with the US Securities and Exchange (SEC) Market Access Rule 15(c)3-5 for broker-dealers and their clients.
Nasdaq Readies Low-Latency Wireless Data
New radio frequency network between Nasdaq and other NJ datacenters will slash latency by up to 50 percent, officials say
Mixed Messages: Direct Edge Equivocates on HFT
Direct Edge's message efficiency program came and went in a flash. But why? And will Nasdaq's follow?
Direct Edge Moves DR Facility to Chicago
In the interests of better business continuity, Direct Edge has moved its backups to the Equinix Chicago 4 datacenter.
To Merge, Or Not To Merge?
That is the question.
Jake Thomases: A Step in the Right Direction
It’s not often that when it comes to introducing new regulations, the SEC garners appreciable industry support. But as Jake explains, one of the regulator’s most recent pieces of legislation affecting large swaths of the US financial services industry,…
Brazilian Regulator Weighs Breaking BM&FBovespa Monopoly
CVM held a hearing last week to solicit opinions on a study about exchange competition in Brazil. Yet the regulator gave no clues as to how it plans to proceed.
Shock and Schadenfreude: Tech Woes Plague Exchanges
Facebook’s IPO has been a drawn-out nightmare for Nasdaq.
Radio Silence: Are Exchanges Trying to Curb HFT?
As several exchanges in Europe and the US prepare to implement efficiency programs for order messaging-to-trade ratios, some in the industry are seeing this as a self-regulatory move to curb high-frequency trading ahead of statutory rulings. But is this…
Direct Edge CEO William O'Brien Plans to Go Global
William O’Brien, who once rejected his exchange roots, took over a tiny ECN and grew it into one of the biggest equity exchanges in the world. Now he’s looking at new markets for Direct Edge. By Jake Thomases
Direct Edge Bows Historical Data Cloud
Exchange releases multiple tiers of on-demand historical data for different user bases
Everything Old Is New Again—Maybe
Will cash equities market-makers make a comeback in 2012?
The Return of the Market-Maker
Since the adoption of Regulation NMS in 2007, market-makers in the US cash equities market have gone the way of the green screen—until now.