New breed of traders in Aarhus and Aalborg are using algorithms to navigate volatile and rapidly growing market
Exchange says allegations ‘unfounded’ and concerns have been ‘repeatedly reviewed’
US exchange ends $10,000 a month fast fibre optic business following complaints from rivals
Well, maybe at least?
Also in this newsletter: a massive spam call problem and Sajjan Jindal’s mantra
Both firms confirm resolution but decline to disclose details stemming from departure of two former employees
The rise of innovative traders increases competition for banks — and work for authorities
The trading firm is pushing frontiers in markets once dominated by banks — but is not yet regulated like one
Beware the time-consuming lure of gut-reaction trading from your handset
Professor Donald MacKenzie talks high-frequency trading
Plus, Britain’s oldest private equity firm attracts a short seller and corporate debt grows as private credit groups allow deferred payments
XTX Markets conquered foreign exchange trading and made its Russian-born founder a multibillion-pound fortune
Voice 🤜🤛 electronic
Corporate watchdog says ASX made ‘misleading’ statements about its clearing and settlement system
JPMorgan, UBS and Bloomberg among companies affected
Pursuit of data providers has grown alongside demand for ever more granular financial information
Regulators on watch as exchange closing auctions suck up daily share trading volumes
FT Alphaville’s main takeaways from the secretive trading firm’s bond prospectus
Sector pushes to harness latest tech tools as competition from hedge funds intensifies
Move by Alex Gerko’s market maker bucks trend among financial firms to outsource to Big Tech
Miami-based market maker’s shift shows developing relationship between Big Tech and financial markets
The US takes a big step to a shorter settlement cycle for securities trade this year and Europe needs to catch up
We’re all just its counterparties
Plus, Sony gets cold feet on an Indian mega-deal and Blackstone pitches billion-dollar buyouts to millionaires
$7.4bn software company at heart of Silicon Valley accused of trying to trade customers’ shares without consent