MarketsWiki Page of the Day

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February 12

BATS Global Markets


BATS Global Markets yesterday withdrew its support for IEX‘s controversial proposal to become a U.S. stock exchange, saying in a letter to regulators that IEX made “gross misrepresentations” about the operations of competitors, including BATS. IEX is the ATS lauded by Michael Lewis in his 2014 book “Flash Boys,” for using a fraction-of-a-second “speed bump” to delay orders to its system in order to mute the advantages enjoyed by high-speed traders. View page

February 10

European Commission

The European Commission and the U.S. Commodity Futures Trading Commission announced an agreement on common derivatives clearinghouse standards that will pave the way for European regulators to grant equivalence to U.S. clearinghouses. It will allow European CCPs to do business in the U.S. more easily and U.S. CCPs to continue to provide services to EU companies. The deal will also result in millions of dollars of savings daily in the amount of collateral derivatives dealers …  View page

February 9

Emily Portney

Emily Portney is global head of agency clearing and collateral management at J.P. Morgan. It was just reported that she is leaving to pursue a new opportunity. She first joined the company in 1993, right after graduating from college. View page

February 8

Andrew Ross

Andrew Ross, a former Morgan Stanley executive, was just appointed CEO of CurveGlobal, the London Stock Exchange Group‘s new interest rate derivatives joint venture. View page

February 5

Chicago Stock Exchange

The Chicago Stock Exchange is a stock exchange established in 1882  to trade primarily local securities, particularly stocks and bonds of utility, banking, and railroad companies. In February 2016, CHX announced an agreement to be acquired by an investor group led by Chongqing Casin Enterprise Group. The deal is set to close in the second half of 2016. View page

Full list »