Trade affirmations that would make the cutoff time rose only to 74.5% in February.
The independent academic research is part of Plato's MI3 Market Innovator initiative.
More than 85% of the equity turnover on the exchange is from international trading members.
EFAMA estimates 40% of daily FX flows will no longer be able to settle through the CLS platform
U.S equity trades that used Bloomberg’s Rule Builder outperformed manual orders by 38%.
The contracts offer investors a way to gain exposure to MSCI’s flagship equity indices.
Amendments update Rule 605 that helps the public compare and evaluate execution quality at venues.
With Andy Lee, Director of Quantitative Research, Exegy
The partnership allows almost 24-hour access to US equities markets.