July 17, 2026
- Euronext is building a tokenisation platform, but what will it include?
- Banks, asset managers and market makers have joined Cboe in calling for compulsory interoperability for cash-equity clearinghouses. The message to European policymakers couldn’t be clearer (apologies!)
- The trade bodies representing exchanges and market makers both say they want better data on equity markets. They may mean very different things when it comes to systematic internalisers.
- Brokers that use the UK’s Retail Service Provider network say that they are getting price improvement. How can they tell when there is no consolidated tape?
- Euronext’s quants have calculated that lit primary markets outperformed periodic auctions 62% of the time in 2025. The precision is impressive, but most firms will continue to need both types of execution mechanism.
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