[caption id="attachment_5639" align="alignleft" width="150"] NYSE DMM Citadel Securities started as a HFT prop trading firm[/caption] Something funny happened on the way to the floor of the New York Stock Exchange last week; Citadel Securities and Virtu Financial, two of the three biggest NYSE “Designated Market-Makers” aka “DMM”) --also domain experts…Read More

The never ending battle to electronify the secondary market for corporate bonds has yet another new entrant that aims to disintermediate corporate debt dealers that 'control' the trading in what has morphed from a $2trillion market to a $9 trillion marketplace during the last decade alone. As profiled by CNBC…Read More

Trifecta Month for GTS; NYSE DMM, Quant-Trading Powerhouse and Fin-Tech Think-Tank Now Aligned With Investment Bank Specializing in Primary Debt & Equity Capital Markets GTS, the NYSE's Top DMM, and one of the global trading market's leading multi-asset electronic market-makers, is on a strategic deal-making binge. On the heels of…Read More

In Honor of Veterans Day and the USMC 243rd Birthday, MarketsMuse Curators extend our appreciation to all US Military Veterans, Happy 243rd Birthday and Semper Fi to all US Marines, a special salute to the battalion of sell-side broker-dealers owned and operated by Service-Disabled Veterans, and a Special Shout Out to…Read More

Breaking News: GTS Securities, the NYSE's biggest specialist firm aka Designated Market Maker ("DMM") and one of the electronic market-making world's biggest players in the FX and rates markets is now aiming to become the ETF industry's biggest market-maker the old-fashioned way, by buying into the space. After several months…Read More

Broker-Dealer Newport Beach, CA & Stamford, CT – November 1, 2018 — Each year, Mischler Financial Group, Inc. (“Mischler”), the securities industry’s oldest investment bank and institutional brokerage owned and operated by service-disabled veterans, pledges a percentage of the firm’s profits to veteran and service-disabled veteran philanthropies as part of…Read More

MarketsMuse Curators extend our thanks for the excerpt below, courtesy of Aug 1 feature story by Philly Inquirer Reporter, Erin Arvedlund. Follow Erin on Twitter via   @erinarvedlund  or email  EArvedlund@phillynews.com NYSE Floor Broker Lauren Simmons is breaking records and glass ceilings. She’s the youngest female and only the second African American woman to…Read More

Extra! Extra! XLC is the new ETF that ties telecom and media constituents into one exchange-traded fund! For those with a view towards latest and greatest ETF products, eyes and ears are on the Communications Services Select SPDR Fund (NYSEARCA: XLC) — "it tracks the Communication Services Select Sector Index and “seeks…Read More

Morgan Stanley Raises Its Hand and Appoints e-Trading Veteran to lead investment bank's scheme for the Electronification of Fixed Income Markets. Electronic bond trading has long been a holy grail for certain folks in and around Wall Street. On the one hand, reducing head count and mitigating dependence on high-paid sales…Read More

Tom Farley, the former top gun at the NYSE, has long advocated the benefits of raising capital via the construct of Special Purpose Acquisition Company aka "SPAC", aka "Blank Check company." Now he's become the CEO poster boy for SPACs with the formal IPO and NYSE listing of Fintech SPAC…Read More

Bloomberg's Betty Liu Moves to C-Suite Role at NYSE (Original story from Traders Magazine - June 6- by John D'Antona Jr.)--The women's movement continues at the U.S.’ NYSE, the oldest public stock exchange,  announced that former Bloomberg "babe" Betty Liu, who is also founder of financial content firm Radiate, Inc.,…Read More

What's Next? CryptoCurrency Bank License; Crypto Cool Kids New Goal: Stay Inside Regulatory Goal Posts Coinbase Inc. and another cryptocurrency firm talked to U.S. regulators about the possibility of obtaining banking licenses, a move that would allow the startups to broaden the types of products they offer. Coinbase, which operates…Read More

Goldman Sachs, the venerable investment bank and trading house, has been called lots of things, including "Squid." But nobody on Wall Street can dispute the fact that $GS is uniquely innovative and perhaps, a firm that can smell the trail of money better than its peers and explains why Goldman is…Read More

An SEC subpoena is not exactly what any Issuer (or stock promoter) puts on the top of their birthday wish list. And, for crypto cool kids who are either already a member of the ICO Issuers Club, or who have applied to become part of the dapper dapp crowd that…Read More

MiFID II Implementation Triggers Flow of $50b into Europe ETF Market In First Weeks of 2018; ETF Sec Lending and  ETF Options Growth Expected to Drive EU Financial Markets. "What we've seen for the first time in European ETF trading is really a concerted interest in trading ETF options in…Read More

(MarketsMuse fintech and blocktech curators extend our thanks to Prospectus.com LLC for the following contribution)-Bloomberg Intelligence reporter Jonathan Tyce wins the Valentine's Day Award for Very Good Framing courtesy of his latest piece "Blockchain is Coming Everywhere, Ready or Not" --one of a series of articles by Tyce that puts…Read More

(MarketsMuse blog post image courtesy of Institutional Investor)--Thanks to MiFID II, Sell-Side Research Analysts are not only unwanted, they will become increasingly underemployed in terms of compensation, or simply unemployed. This increasing view is bleak for investment bank research wonks, but provides for a career re-purposing on the part of…Read More

Corporate Bond Market Transparency 4.0 MarketsMuse fixed income fintech curators, who have been on the beat for better than 8 years, were keen to cover this week's inaugrual meeting of FIMSAC.  e-Bond trading system founders, fixed income fund managers and fintech aficionados who have long lamented the limited degree of US…Read More