October 16, 2026
- The EU's institutions want to beef up ESMA. Market participants fear that restrictions on their choice of execution mechanism will be the price they pay for a single supervisor.
- Liquidnet gives buy-side traders the ability to send IOIs for the biggest blocks only to the institutions they trust.
- Another exchange has embraced interoperable clearing. Take a bow, Nasdaq Iceland!
- A review of broker algorithms for exchange-traded products is of limited use when most trades are conducted directly between market maker and buy-sider in an RFQ venue.
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