TMX Group Ltd.’s control of Canada’s capital markets is under assault from several nimbler rivals striving to knock the country’s incumbent equity exchange operator...
We classify high-frequency traders based on reaction speeds, buy-side institutions based on inventory and use of (off-exchange arranged) dealer-crosses, and retail traders based on the usage...
IIROC is seeking comment on a proposal that would allow firms and individuals to conduct, under IIROC’s regulatory oversight, a business that is limited...