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IEX firms up launch date for new options exchange

The TRADE

The firm announced the launch of the US options exchange in September 2024, and efforts have already been made to expand IEXs options team, file the proposed rule book with the US Securities and Exchange Commission (SEC) and maintain engagement with regulatory authorities and industry stakeholders.

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Leaders in Trading 2023: Meet the nominees for… Outstanding Innovation in Fixed Income

The TRADE

The electronic trading platform enables participants to address challenges associated with accessing liquidity and executing efficiently. In December, UBS AM and JP Morgan executed the first EU bilateral trade on FlexFI, made possible through JP Morgan’s ability to provide its electronic liquidity directly into UBS AM’s FlexFi solution.

Trading 59
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POS Transaction: Meaning, Types, Examples and How it Works?

Razorpay

By streamlining payment processing with Razorpay POS system not only expedite and secure transactions but also enhance the customer experience and improve business efficiency. The transaction is completed instantly, and an electronic receipt is generated. Customers enter their card details or use other electronic payment systems.

IT 52
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Unified Payments Interface (UPI): Meaning and How it Works?

Razorpay

UPI works on a highly secure, layered architecture with multiple levels of encryption, ensuring the confidentiality and integrity of data during transactions. Users can also transfer money by selecting receiver’s contact from their phone book or entering the receiver’s contact number.

IT 98
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Guide to Payment Methods, How to Accept with Pros and Cons

Razorpay

They offer various features and security measures to suit individual preferences and situations. Additionally, compliance with Payment Card Industry Data Security Standards (PCI DSS) is necessary to maintain a secure environment for processing and handling debit card transactions. They provide benefits such as credit building.

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What is Upfront Payment and How to Ask for One?

Razorpay

Credit or debit cards are convenient and widely accepted by sellers Bank transfers are suitable for larger transactions and may incur lower processing fees compared to card payments Digital wallets can become an effective tool to make transactions instantly How Upfront Payments are Secured? Examples include: Digital downloads (e.g.,

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The SEC’s equities overhaul: Necessary plumbing changes or a liquidity drain?

The TRADE

The four separate rulemakings put forward by the US Securities and Exchange Commission (SEC) in December last year represent the most significant attempt to revamp market structure for US equities in recent memory. The development of the current rules was informed by technological capabilities that today seem hopelessly archaic. “The