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.
The majority of algo flow end up with the top three providers.
Inflows were highly concentrated with North America as the main beneficiary.
Liquidity Lamp aims to filter out the 'noise' from retail and high-frequency trading in US equities.