Profiling Broker Excellence: A Rare Commodity

Excerpts courtesy of June 26 NYT column by Nathaniel Popper MarketsMuse Editor's Note:  Though we generally spotlight the most relevant leading news media articles profiling the trading of ETFs and Options, on a selective basis, our editorial team also makes mention of compelling profiles of investment managers, traders and institutional…Read More

26 June, 2013

Follow-On: Major Exchange Slug Fest in Battle for ETFs

Courtesy of Tom Steinert-Threlkeld Nasdaq, NYSE and BATS are slugging it out with incentives, new order types and a new exchange to resuscitate trading in ETFs... Once it worked. Now, not so much. For years, the Nasdaq Stock Market designated a single market maker for each exchange-traded product. Later, the…Read More

1 May, 2013

PSX to Re-Launch as ETP Market in May

Courtesy of Tom Steiner-Threlkeld Nasdaq OMX Group said it expects the re-launch of its PSX exchange as an exchange-traded fund marketplace to take place in May. Final approval of the refashioning the “price size exchange” as a “price time” exchange focused on exchange-traded products must come from the Securities and Exchange Commission.…Read More

29 April, 2013

Nasdaq Sets Q2 Launch for ETF Market-Maker Incentives

  Courtesy of Tom Steinert-Threkeld Nasdaq OMX Group said Wednesday that it will be able to launch its planned program for paying market makers to trade in particular exchange-traded funds. The Market Quality Program will launch by the end of June, Nasdaq OMX said Wednesday. The Securities and Exchange Commission…Read More

4 April, 2013

Nasdaq OMX Plan: Convert PSX Exchange to ETF Exchange

Courtesy of Tom-Steinert-Threkeld Nasdaq OMX Group plans to re-launch its PSX exchange as a "better trading venue" for exchange-traded funds, notes and other related products, as early as next month. The exchange will execute trades in all National Market System securities, but will give special incentives to retail and institutional investors to…Read More

12 March, 2013

ICE-NYSE Deal: Derivatives Exchange CEO Gets Icey Response From…

Within the first several days since the  December 20 proposed merger announcement between NYSE Euronext and IntercontinentalExchange  (ICE), there has been no shortage of public responses, comments and of course, a lawsuit opposing the deal (filed last Friday by the New Jersey Carpenters Pension Fund). For those following this deal,…Read More

26 December, 2012

New Rules: NASDAQ Options Exchange (NasdaqBx) To PAY Takers…

Courtesy of Peter Chapman TRADERS Magazine interview with Nasdaq OMX EVP Eric Noll unveils a new tact in the ever-changing world of major exchange strategies to attract order flow. In this case, NasdaqBx is up-ending the current industry "make-take" fee model whereby exchanges pay rebates to market-makers who improve prevailing…Read More

8 June, 2012

New NASDAQ Fees Targets HFTs

Whether in effort to placate regulators who have put high-frequency traders in their cross-hairs, or simply in effort to increase revenue via new fees, or maybe even in effort to keep competitive, NASDAQ OMX announced that effective June 1, traders on its three exchanges will be charged a fee for…Read More

8 March, 2012