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Arqaam Capital launches new Middle East and North Africa focused proprietary trading tool for European clients

The TRADE

Emerging markets broker Arqaam Capital has launched a new proprietary trading infrastructure tool, ArqNET, aimed at enabling European institutional clients to trade faster in Middle East and North Africa (MENA) markets.

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Majority of prop trading firms obliged to join FINRA under expanded SEC rule

The TRADE

The Securities and Exchange Commission (SEC) has moved to expand the remit of national securities associations such as the Financial Industry Regulatory Authority (FINRA). to cover previously exempt proprietary trading firms.

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Aquis sees double digit growth on the back of data and technology boom

The TRADE

Aquis attributed the growth in market share to changes to its proprietary trading rule in September. Market share had grown from 4.97% in December last year to 5.46% in February.

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SEC greenlights MIAX’s August launch of new taker-maker US options venue

The TRADE

MIAX has gained approval from the US Securities and Exchange (SEC) for its new US options electronic exchange and physical trading floor, MIAX Sapphire. The physical trading floor is expected to go live in 2025 and will be the first national securities exchange to be established in Miami, Florida.

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The TRADE’s most read stories of the year part three: Regulation, consolidation and resignation

The TRADE

Coming in at number three in our most read stories was news in September that the US’ Securities and Exchange Commission (SEC) had issued a ruling for a new National Market System. Yet, some of today’s broker-dealers continue to rely on an exemption from national securities association registration that’s older than the cell phone era.

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How do Banks Make Money? Explanation, Examples

Peak Frameworks

Trading and Proprietary Trading Many large banks are involved in trading activities. This can be trading on behalf of their clients (like when you buy a stock through a bank's brokerage service) or proprietary trading where banks invest their own money.

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Fireside Friday with… ION’s Edoardo Pacenti

The TRADE

They will bolster the security of the US Treasury market by mandating central clearing for eligible securities, such as repos and reverse repos, inter dealer broker transactions and other cash transactions. In doing so, these rules are intended to reduce counterparty risk, limit contagion and increase transparency in the market.

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