New systems put pressure on regional exchanges

Financial News and Information from Financial News Online US
The belief that Regulation National Market Systems, the new US equity trading rules, would give small groups the chance to compete with those the size of the New York Stock Exchange and Nasdaq was dashed when the Boston Equities Exchange closed this month.
Boston Equities Exchange shut after [...]

New Report Asks: “Complying with MiFID or Reg NMS – Should Firms Build or Buy Solutions?”

Broker-dealers are preparing for upcoming surge in market data. Market data cost reduction is a key priority. Banks are looking to reduce cost burden by selling their own market data. Focus is moving away [...]