Third-Market Services Spanning The Globe For New Customers

THIS WEEK'S LEAD STORIES

Looking to reap the benefits of global markets, two of the largest crossing networks in North America announced last week plans to operate matching services for overseas investors. Active in North America, third-market systems afford institutions the luxury of trading large amounts of stock without affecting the current market price, all at low commission rates.

Jefferies & Co., a broker-dealer for third market clients, and BARRA, the California-based consultant and risk management software firm

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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