The TRADE

JUNE 5, 2024

Designed to rival the likes of incumbent exchanges Nasdaq and NYSE in the US, Texas Stock Exchange (TXSE) has raised $120 million from around a dozen investors including BlackRock and Citadel Securities in a funding round closed in May. The TRADE understands that BlackRock has taken a minority investment.

Securities 109

Securities Capital Raising Investors Financial Institution 109

Global Newswire by Notified: M&A

SEPTEMBER 11, 2024

The cash portion of this transaction is expected to be funded through a combination of cash on hand, borrowings under the Company’s credit facility, and proceeds from one or more capital markets transactions, subject to market conditions and other factors.

Acquisitions 80

Acquisitions Capital Market Funds Sale 80

The TRADE

SEPTEMBER 23, 2024

The additional minimum pricing increment or ‘tick size’ will apply to the quoting of certain NMS stocks, while the reduction in access fee caps will be linked to protected quotations of trading centres. They are pro-capital formation.” The SEC added that for protected quotations in NMS stocks priced less than $1.00

Stock 73

Stock Trading Shares Investors 73

The TRADE

JANUARY 4, 2024

The firm’s most recent report refers to previous research in its ‘data automation: the workflow efficiency game-changer’ studywhich found that less than one third of those surveyed believed that capital markets professionals are prepared for the T+1 go-live date.

Trading 70

Trading Risk Management Capital Market IT 70

The TRADE

JANUARY 2, 2024

The UK’s plans for an equities tape will also become clear: the FCA recently noted overwhelming market support for it to be more ambitious than the EU’s plans, including attributed quotes, and legislation currently before the UK parliament will give the FCA powers to launch a tender process.  Another

Trading 62

Trading Asset Management Equities Retail 62

The TRADE

MARCH 10, 2025

Nasdaq has begun engaging with regulators to enable 24-hour trading, five days a week on the Nasdaq Stock Market. Tal Cohen, president, Nasdaq The exchanges timeline is pending regulatory approval and alignment with industry infrastructure providers, with plans to launch in the second half of 2026.

Equities 70

Equities Trading Investors Capital Market 70