The Texas Stock Exchange (TXSE) has a compelling marketing pitch: a $270 million electronic national exchange headquartered in Dallas to capture the “Boom Belt” corporate migration. However, the day-to-day reality for back-office operations teams remains firmly on the East Coast. According to technical filings, daily execution remains physically anchored in Equinix NY6 in Secaucus, New… Read More >>
FTF Presents the Winners of the FTF Awards
Financial Technologies Forum (FTF), now in its 20th year of business, is making public the winners of the 2026 FTF News Technology Innovation Awards program, reflecting a mix of established players and newcomers gaining new ground in 2025. The FTF Awards program — which got its start 15 years ago — celebrates the top providers,… Read More >>
24/7 Derivatives Trading Is On the CFTC’s Radar
Derivatives clearing organizations, designated contract markets, swap execution facilities (SEFs), and futures commission merchants (FCMs) have been put on notice by the Commodity Futures Trading Commission (CFTC) that its Divisions of Clearing and Risk, Market Oversight, and Market Participants have some concerns about 24/7 trading, clearing, and settlement. Those concerns form the basis for a… Read More >>
Northern Trust Seeks Share Class Relief for ETFs
Custodian Northern Trust has made public its formal application for exemptive relief to offer exchange-traded fund (ETF) share classes “alongside existing mutual fund share classes for certain adviser series within its two sponsored series trusts: Advisers Investment Trust and Datum One Series Trust,” officials say Filing for exemptive relief will help Northern Trust provide asset… Read More >>
NYFIX Connects to CAPIS & the Blue Ocean ATS
Broadridge Financial Solutions, a provider of systems and services for securities operations, reports that it has enhanced its NYFIX order-routing network and post-trade matching platform so that clients can “access overnight U.S. equity liquidity through a new integration with CAPIS, an institutional brokerage firm” that offers high-touch trading support, officials say. In addition, Broadridge is… Read More >>
Asset Owners Take On Private Markets & Digital Assets
Asset owners are strongly embracing private markets and are warming up to digital assets despite the operational challenges of each. This is one of the major findings of a global peer study, “Asset Owners in Focus 2026: Operational and Data Adaptation in the Era of Digital Disruption,” conducted by custodian Northern Trust. The second annual… Read More >>
GitHub Incident Could Put Firms at Risk: FINRA
Officials at the Financial Industry Regulatory Authority (FINRA) are warning broker-dealers and other securities firms about the potential ripple effects of a cyber-attack upon the popular open source code platform GitHub. The cyber incident “involving GitHub could compromise software supply chains and expose sensitive code across thousands of organizations,” FINRA says in its cyber alert…. Read More >>
SEC & NFA to Improve Cooperation via MoU
The Securities and Exchange Commission (SEC) and the National Futures Association (NFA), a self-regulatory organization (SRO) for the U.S. derivatives industry, have signed a Memorandum of Understanding (MoU) designed to improve their “cooperation, coordination, and information sharing” for common regulatory interests, officials say. The MoU is intended to foster closer cooperation “on matters of mutual… Read More >>
Would You Let a Robot Mow Your Lawn?
Would you let an A.I.-based, battery-operated robotic lawn mower cut your grass, especially if you have a large backyard or own a few acres? Despite soaring inflation rates, you might be inclined to embrace robotics for menial chores, especially if you received a particularly good bonus for 2025. The Wall Street bonus pool, based on trading,… Read More >>
SEC Faces Pushback on Public Company Reporting Proposal
The U.S. Securities and Exchange Commission (SEC) has put forth a proposal to give public companies the option of filing reports semiannually instead of quarterly, streamlining compliance with federal securities laws. However, key industry players are pushing back, arguing that investors could be hurt by information gaps and that market efficiency could take a hit…. Read More >>
