Nasdaq
Iraq Exchange Updates Trading Technology
The Iraq Stock Exchange (ISX) will upgrade its trading platform from Nasdaq OMX’s Horizon to Nasdaq’s X-stream technology. The upgrade is expected to be rolled out by mid-year 2014.
Nasdaq Fined $10 million for Facebook IPO Failings
The US Securities and Exchange Commission (SEC) has levied a $10 million fine on exchange operator Nasdaq, in response to its system failings while conducting the initial public offering (IPO) for Facebook.
Nasdaq Banks on Mid-East Sukuk Platform
Nasdaq Dubai is preparing to launch a platform dedicated to the trading of Islamic bonds, known as sukuk, and conventional bonds.
SIFMA Cries Foul to SEC Over UTP Tape C Fee Hike
SIFMA calls on SEC to reject 25 percent Tape C price increase, claims UTP did not follow mandated procedures before raising fees.
Bloomberg Ups Nasdaq Tape C Admin Fee
Bloomberg is increasing its monthly administration fee for the Tape C feed of Nasdaq Level 1 data from $2 to $3 -- a seemingly insignificant increase, though end-users say it increases the vendor’s administration revenues while firms are still struggling…
SEC Mandates Regular Testing of Technology
The Securities and Exchange Commission (SEC) has approved plans to replace voluntary testing of technology with regular, mandatory evaluations.
Finra Taps Citi's Randich as CIO
Former Citi, Nasdaq CIO will lead regulator's technology initiatives.
ITG Releases Closing Auction Liquidity Algo
Execution and research broker ITG has announced the release of its Dynamic Close algorithm, which pursues market liquidity in NYSE and Nasdaq closing auctions.
2012: A Year of Opinions
Highlights from Waters' opinion pieces over the past year.
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?