Industry News
Nasdaq PHLX Files Options Rulebook Cleanup
Nasdaq PHLX filed non-substantive options rulebook changes covering definitions, position-limit text, and floor-priority terminology.
News Desk
Industry News
Short, sourced updates on regulation, broker moves, and market structure changes that matter to traders.
Industry News
NYSE American Files Corporate Action Halt Rules for 23/5 Trading
NYSE American filed corporate action halt procedures tied to its 23/5 trading framework and issuer events.
Industry News
NYSE Texas Adds Corporate Action Halt Procedures
NYSE Texas filed Rule 7.18 changes for trading halts tied to corporate actions and issuer-related events.
Regulation
SEC Approves ICE Clear Credit CDS Onboarding Policy Update
The SEC approved ICE Clear Credit's update to CDS instrument onboarding policies, adding a debt-notional criterion for single-name instruments.
Industry News
IEX Options Files Activity-Based Risk Control Changes
IEX Options filed changes to activity-based risk controls for members, including intraday setting updates and customer-order weighting.
Industry News
Nasdaq Updates Rule 4759 Data Source for Night Session
Nasdaq filed to clarify which quotation data source will be used for order handling and compliance during its planned Night Session.
Regulation
CFTC Innovation Committee Discusses Crypto, AI and Prediction Markets
The CFTC's new Innovation Advisory Committee met to discuss crypto, AI, compute derivatives and prediction markets.
Broker Updates
TradingView Adds Greater Than and Less Than Conditions to Rectangle Alerts
TradingView rectangle alerts can now track whether price is above or below a selected chart zone.
Broker Updates
TradingView and Your Bourse Expand Broker Platform Integration
Your Bourse is bringing TradingView charting and trading technology into its Trade Server broker infrastructure.
Broker Updates
MetaTrader 5 Build 6140 Adds AI Assistant and Web Terminal Improvements
MetaTrader 5 build 6140 expands AI Assistant support and updates the Web Terminal.
Regulation
CFTC Proposes Removing SEF Order Book Requirement for Permitted Transactions
The CFTC proposed removing the order book requirement for SEF permitted transactions while keeping it for required transactions.
Regulation
FCA Warns Consumers on Risky Mini-Bonds and Loan Notes
The FCA warned that unregulated loan notes and mini-bonds can still reach retail investors despite marketing restrictions.
Regulation
CFTC Resolves Actions Against Former Alameda and FTX Executives
The CFTC resolved actions against Caroline Ellison and Gary Wang with trading and registration bans tied to Alameda and FTX.
Regulation
Nasdaq Alerts Data Users to Consolidated Tape Agreement Changes
Nasdaq's DataCT alert tells consolidated-tape customers to prepare for new CT Plan agreements before March 2027.
Market Analysis
CFTC Requests Comment on Compute Derivatives Contracts
The CFTC is seeking input on compute derivatives, including market oversight, manipulation concerns, and perpetual compute futures.
Regulation
FCA Fines and Bans Former SVS Securities CEO
The FCA banned former SVS Securities CEO Demetrios Hadjigeorgiou and fined him GBP56,400 after customer-interest failures.
Regulation
CFTC Proposes CPO and CTA Registration Exemptions Update
The CFTC proposed registration relief for certain CPOs and CTAs under part 4.
Regulation
FINRA Files Fraud Delay Rule Proposal for Customer Accounts
FINRA proposed updates to account information and temporary delay rules for suspected fraud.
Broker Updates
Trading Technologies Plans OG.com and Crypto.com Connectivity
Trading Technologies plans TT connectivity for OG.com prediction markets and Crypto.com crypto futures.
Industry News
TradingView Adds NinjaTrader Trading for CME Single Stock Futures
TradingView added NinjaTrader execution for CME Group's new Single Stock Futures.
Regulation
SEC Proposes Regulation Crypto Assets Framework
The SEC proposed a tailored framework for certain crypto-asset investment contracts, including exemptions and a safe harbor.
Regulation
FINRA Publishes Cybersecurity Effective Practices Framework
FINRA's August cybersecurity framework gives broker-dealers a fresh checklist for strengthening cyber risk programs.
Regulation
FINRA Flags NSCC Trade-Processing Requirements for 24x5 Trading
FINRA warned TRF users to prepare for NSCC relationship-management requirements tied to overnight U.S. equity trading.
Broker Updates
Interactive Brokers Adds Bucharest Stock Exchange Access
Interactive Brokers clients can now trade Romanian stocks on the Bucharest Stock Exchange alongside more than 170 global markets.
Regulation
ESMA Sets September Go-Live for Weekly Commodity Derivatives Reporting
ESMA confirmed a 3 September go-live date for updated weekly commodity derivatives position reporting.
Regulation
SEC Charges Operator in $74 Million Pre-IPO Retail Investor Case
The SEC brought a $74 million pre-IPO offering case that highlights hidden-fee and unregistered-broker risks for retail investors.
Broker Updates
TradingView Adds Moderator Review Before Pine Scripts Reach Feeds
TradingView now reviews new Pine Script publications before they appear in feeds or search, with updated public-script limits.
Regulation
CFTC Sets Innovation Advisory Agenda Covering Crypto, AI and Prediction Markets
The CFTC's Innovation Advisory Committee agenda puts crypto assets, AI and prediction markets in focus for trader-facing policy watchers.
Regulation
FCA Warns Firms to Prepare for UK T+1 Settlement in 2027
UK securities settlement moves to T+1 in October 2027, and the FCA says readiness is uneven across market participants.
Regulation
CFTC Staff Tighten Expectations for Event-Contract Incentive Filings
CFTC staff told designated contract markets to improve self-certification filings for incentive programs, especially in event contracts.
Regulation
CFTC Charges Goliath Ventures and CEO Over Alleged $400 Million Crypto Fraud
The CFTC says roughly 1,600 customers contributed at least $397 million to an alleged crypto asset trading fraud.
Regulation
CFTC Uses Emergency Authority After Kalshi Market-Emergency Notice
The CFTC used emergency authority after Kalshi notified the agency of a market emergency tied to New York litigation.
Broker Updates
CME to Expand 24/7 Trading to 100-Ounce Silver Futures
CME Group plans to make 100-Ounce Silver futures available for 24/7 trading from 11 September.
Regulation
CFTC Sets First Innovation Advisory Committee Meeting for August 20
The CFTC scheduled the first meeting of its Innovation Advisory Committee as market regulators assess fast-moving finance technology.
Regulation
CFTC Staff Warn Event Markets on Clear Pricing Displays
CFTC staff warned event-contract markets against pricing formats that may obscure market depth or mislead users.
Regulation
FCA increases scrutiny of Annex 1 firms, including money brokers
The FCA is increasing checks on Annex 1 firms, including money brokers, as it reviews financial-crime controls and registration risks.
Regulation
CFTC Proposes Rules for Affiliations Among Regulated Derivatives Entities
The CFTC proposed principles-based rules for affiliations among regulated derivatives entities as vertically integrated market models expand.
Broker Updates
CME Plans E-nano Equity Index Futures for August Launch
CME Group plans smaller equity index futures contracts tied to the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average.
Market Analysis
CME Says Latin American FX Futures and Options Hit H1 Records
CME said Mexican peso and Brazilian real futures and options reached record combined average daily volume in H1 2026.
Market Analysis
FCA Removes IPO Research Waiting Period in UK Listing Rule Update
The FCA removed a connected-research waiting period as part of IPO reforms aimed at reducing execution risk for UK listings.
Broker Updates
Interactive Brokers Adds Brazilian Futures Through B3
Interactive Brokers has added Brazilian futures access through B3 for eligible clients outside Brazil.
Regulation
FCA Simplifies IPO Rules for UK Listings
The FCA has simplified UK IPO rules, aiming to reduce execution risk and make public listings easier for companies.
Regulation
SEC Creates Enforcement Unit for Financial Reporting and Accounting
The SEC created a dedicated enforcement unit for accounting, auditing and financial-reporting misconduct.
Regulation
CFTC Orders UBS FSI to Pay $8 Million Over FX Wire Monitoring Failures
The CFTC ordered UBS Financial Services Inc. to pay $8 million over AML transaction monitoring failures tied to FX wires.
Regulation
ESAs Propose Bilateral Margin Changes for Uncleared OTC Derivatives
EU supervisors proposed bilateral margin amendments for uncleared OTC derivatives below the EMIR initial-margin threshold.
Regulation
FCA Finalises Transaction Reporting Rules to Cut Firm Costs
The FCA finalised transaction reporting changes designed to reduce firm costs while preserving market abuse and supervision data.
Regulation
FINRA Fines UBS Financial $20 Million Over AML Wire Monitoring Failures
FINRA fined UBS Financial $20 million after finding AML monitoring failures involving more than 60,000 foreign currency wires.
Regulation
FCA Finalises Transaction Reporting Reform for 2028
The FCA has finalised transaction reporting reforms that will take effect in April 2028 and change market-abuse reporting workflows.
Regulation
FINRA Fines UBS Financial $20 Million Over AML Failures
FINRA fined UBS Financial $20 million after finding AML program and customer due diligence failures.
Regulation
CFTC Agricultural Advisory Committee Discusses Basel III, 24/7 Trading and Perpetual Futures
The CFTC's agricultural markets advisory meeting put Basel III, hedging tools, 24/7 trading and perpetual futures on the same policy agenda.
Regulation
CFTC Orders George Santos to Pay $35,000 Over Event-Contract Manipulation
The CFTC's Santos order gives event-contract traders another signal that manipulation rules apply to prediction-style markets.
Regulation
ESAs Call for Stronger Controls on Frontier AI ICT Risks
EU supervisors want financial firms to treat frontier AI as an operational resilience risk under DORA-style controls.
Regulation
FCA Advances UK Equity Market Transparency Reform Package
The FCA advanced equity transparency reforms, including the framework for a future UK equity consolidated tape.
Regulation
CFTC Proposes Rules for Affiliated Derivatives Market Structures
The CFTC proposed rule changes aimed at conflicts and market-integrity risks in vertically integrated derivatives structures.
Industry News
MetaTrader 5 July 30 Update Fixes AI Assistant and Depth-of-Market Display
MetaTrader 5 received a July 30 maintenance update covering AI Assistant, signals and web terminal fixes.
Broker Updates
CME and FutureSports Plan Futures on Sports Performance Indexes
CME and FutureSports plan monthly and quarterly cash-settled futures on sports performance indexes, pending regulatory review.
Broker Updates
Interactive Brokers Opens AI Connectivity to MCP-Compatible Tools
Interactive Brokers expanded its AI Integration so clients can connect accounts from MCP-compatible tools such as Cursor, Perplexity and Windsurf.
Industry News
CME Reports Strong First Weekend for 24/7 1-Ounce Gold Futures
CME's first 24/7 weekend for 1-Ounce Gold futures drew nearly 15,000 contracts, adding evidence of demand for regulated always-on metals access.
Regulation
ESMA Authorises EuroCTP for EU Shares and ETF Consolidated Tape
ESMA authorised EuroCTP as the EU consolidated tape provider for shares and ETFs.
Regulation
SEC Forum Report Reopens Capital-Raising Policy Debate
The SEC's latest forum report keeps capital-raising policy and smaller public companies in focus.
Industry News
TradingView Adds NinjaTrader Access for Futures Traders in Germany
TradingView added NinjaTrader availability for German futures traders.
Regulation
FCA and Bank Name Members of Transaction Reporting Harmonisation Taskforce
UK regulators named the industry members who will help shape future transaction and post-trade reporting harmonisation work.
Regulation
FCA Secures Confiscation Order Against Convicted Trade-Alerts Fraudster
The FCA says victims of an unauthorised trade-alerts and managed-funds fraud are set to recover most of their invested money.
Regulation
CFTC Warns Exchanges Against Broad Event Contract Templates
CFTC staff warned exchanges not to bundle broad event-contract variations into template-style self-certification filings.
Regulation
CFTC Staff Issues No-Action Position for Kraken Derivatives Exchange Procedures
CFTC staff granted Kraken Derivatives Exchange time-limited no-action relief for certain DCM dormancy procedures.
Regulation
CFTC Gives Kraken Derivatives Time-Limited Dormancy No-Action Position
Kraken Derivatives received a time-limited CFTC no-action position tied to designated contract market dormancy procedures.
Regulation
FINRA Opens Comment Period on Best-Execution Guidance Modernization
FINRA asked firms and investors to comment on possible updates to best-execution guidance.
Regulation
FINRA Opens Review of Best Execution Guidance
FINRA is reviewing best execution guidance for broker-dealers as market structure and order-routing rules evolve.
Regulation
CFTC Extends Comment Period on 24/7 Energy Futures and Perpetual Contracts
The CFTC gave market participants until August 26 to comment on 24/7 energy futures and energy-linked perpetual contracts.
Regulation
CFTC Agricultural Advisory Committee Agenda Includes 24/7 Trading and Risk Tools
The CFTC set a July 29 agricultural advisory agenda covering risk tools, Basel III, 24/7 trading and emerging markets.
Industry News
MetaTrader 5 Build 6060 Adds AI Integration and Passkey Support
MetaTrader 5 Build 6060 adds MCP-based AI tools, passkeys and new account-access modes.
Regulation
SEC Sets September Roundtable on 24-Hour Equity Trading
The SEC will host a September roundtable on 24-hour U.S. equity trading as overnight market access moves closer to the mainstream.
Regulation
CFTC Extends Comment Period on 24/7 Energy Futures and Perpetual Contracts
The CFTC gave market participants more time to comment on 24/7 futures trading and energy commodity perpetual-contract questions.
Regulation
FCA Adds Anthropic Support to Its AI Supercharged Sandbox
The FCA added Anthropic support for firms testing AI use cases including agent-led payments, fraud detection and compliance automation.
Broker Updates
TradingView Adds Angel One Broker Integration for Indian Markets
Angel One is now available on TradingView, expanding chart-based trading access for Indian stocks, ETFs, futures and options.
Industry News
CME Plans Sorghum Basis Futures for August Launch
CME Group plans an August 24 launch for sorghum basis futures designed to hedge the spread between sorghum and corn.
Regulation
ESMA Reviews Cross-Border Investment Firm Supervision Progress
ESMA's follow-up report keeps cross-border investment firm supervision in focus for brokers serving clients across EU markets.
Regulation
ESMA Tells Firms to Finalise T+1 Settlement Preparations
ESMA says 2026 is a critical preparation year for the EU move to T+1 settlement.
Regulation
CFTC Sunsets Routine Part 20 Large Trader Reports for Physical Commodity Swaps
The CFTC sunset routine Part 20 reporting for physical commodity swaps, citing overlap with newer swap data rules.
Broker Updates
MetaTrader 5 Highlights UniPayment Integrated Account Funding
MetaQuotes highlighted UniPayment's MetaTrader 5 payment integration for faster in-platform account funding.
Broker Updates
TradingView Adds Support for Eightcap Challenges Accounts
TradingView added Eightcap Challenges account support and expanded complimentary Plus plan eligibility for connected accounts.
Regulation
SEC Proposes Default Electronic Delivery for Investor Disclosures
The SEC wants electronic delivery to become the default for many investor disclosures, with paper still available on request.
Industry News
TradingView Adds Visual Candlestick Patterns to Screener
TradingView's Screener now shows visual candlestick patterns, giving technical traders another way to scan symbols before opening charts.
Broker Updates
Interactive Brokers Adds Crypto Tokens and Stablecoin Withdrawals
Interactive Brokers expanded crypto access with new tokens and stablecoin withdrawals for eligible clients.
Market Analysis
TradingView Adds BIST and ASX Options Data
TradingView now carries BIST and ASX options data, adding coverage for more than 150 underlying assets.
Regulation
CFTC Stays Kalshi Rule Change After Michigan Trade-Cancellation Order
The CFTC intervened after a Michigan court order raised questions about whether executed Kalshi event-contract trades could be cancelled.
Regulation
FCA Proposes Streamlined Asset-Manager Rulebook and FRAME Reporting
The FCA opened consultations on asset-manager rulebook reforms, with deadlines running from September to October 2026.
Regulation
CFTC Finalizes Uncleared Swaps Margin Changes for Seeded Funds
The CFTC updated uncleared swaps margin rules for seeded funds and expanded collateral treatment for certain pooled investment fund securities.
Market Analysis
ESMA Starts First ESAP Data Collection Phase
ESMA started the first ESAP data collection phase, with the public platform due by July 2027.
Regulation
ESMA Publishes First FASTER Market-Capitalisation Data
ESMA released the first annual Member State market-capitalisation figures and ratios required under the EU FASTER Directive.
Regulation
ESMA Publishes July Q&As on MiFIR, MiCA and ESG Ratings
ESMA's July Q&As cover MiFIR consolidated tapes, MiCA crypto-asset services and the EU ESG Ratings Regulation.
Regulation
FCA Says Finfluencer and Market-Abuse Crackdowns Led Its First Strategy Year
The FCA said its first strategy year included finfluencer takedowns, insider dealing prison terms and market-abuse fines.
Regulation
FINRA Publishes TRF Specs for 23-Hour Trade Reporting
FINRA updated TRF specifications for the planned move to 23-hour weekday operating hours beginning December 6, 2026.
Market Analysis
Nasdaq Sets August 10 Start for Updated Trading-Halt Rules
Nasdaq will make coordinated trading-halt rule amendments operative across Nasdaq, Nasdaq Texas and PSX on August 10.
Regulation
SEC Schedules July 13 Roundtable on IPOs and Public-Market Access
The SEC will host a July 13 roundtable on modernizing IPOs and how companies access and remain in public markets.
Regulation
UK Regulators Begin Oversight of Critical Technology Providers
UK regulators will start supervising critical technology providers used across financial firms, adding a new operational-resilience layer for markets.
Regulation
CFTC Stays CME 24/7 Crude Oil Futures Contract Filing
The CFTC blocked CME from listing a self-certified 24/7 crude oil futures contract while the agency reviews the product.
Market Analysis
CME Group Launches Broad Agriculture Index
CME Group's new Agriculture Index gives traders a single monthly benchmark across five farm-economy sectors.
Market Analysis
CME Plans Treasury Link for Cash-Futures Treasury Spread Trading
CME Group plans Q4 launch of Treasury Link, a single-submission spread tool for CBOT Treasury futures and BrokerTec cash Treasuries.
Market Analysis
ESMA Says Financial Firms Keep EU Carbon Markets Liquid
ESMA said financial intermediaries remained central to EU carbon-market liquidity and risk transfer in 2025.
Regulation
FINRA Seeks Comment on Modernizing Retail Communications Rule 2210
FINRA opened a Rule 2210 comment period on risk-based review of retail communications, social media and AI-generated content.
Industry News
TradingView Adds OKX X-Perps for Eligible European Traders
OKX added TradFi X-Perps access on TradingView for eligible European traders.
Regulation
FCA Reports Crackdown on Illegal Promotions and Market Abuse
The FCA highlighted illegal-promotion takedowns, insider-dealing prison sentences and market-abuse fines in its annual report update.
Regulation
FINRA Seeks Comment on Modernizing Broker Communications Rule
FINRA wants feedback on modernizing broker communications rules for retail content, social media and AI-driven workflows.
Regulation
ESMA Opens EU-Wide Review of Crypto Custody Operational Resilience
ESMA will review CASP custody resilience, including DLT, key management, transaction controls and third-party risks.
Regulation
ESMA Publishes CCP Admission Criteria Standards Under EMIR 3
ESMA issued final draft RTS on CCP admission criteria elements, including non-financial counterparties and sponsored membership models.
Broker Updates
Luramic Launches Native Liquidity Access for MetaTrader 5 Brokers
Luramic is offering MT5 brokers pre-aggregated institutional liquidity through native MetaTrader 5 and Ultency infrastructure.
Regulation
FCA Appoints New Members to Secondary Markets Advisory Committee
The FCA refreshed its secondary-markets advisory group, adding market-structure voices from exchanges, venues, trading firms and infrastructure providers.
Regulation
CFTC Files Commodity Pool Fraud Complaint Against Argent Capital
The CFTC alleged Argent Capital solicited more than $14 million from at least 60 pool participants.
Market Analysis
Nasdaq Temporarily Adjusts STGY Routing for S-Partition Securities
Nasdaq will pause STGY rerouting in certain locked or crossed quote conditions for S-partition securities on July 9 and July 10.
Regulation
SEC Forms Retail Fraud Working Group for Investor-Targeted Schemes
The SEC launched a retail-fraud enforcement group focused on offering frauds, pump-and-dumps and broker or adviser misconduct.
Market Analysis
ESMA Selects Etrading Software for EU OTC Derivatives Tape
ESMA picked Etrading Software to operate the EU consolidated tape for OTC derivatives, pending authorisation.
Market Analysis
ESMA Selects Etrading Software for OTC Derivatives Consolidated Tape
ESMA selected Etrading Software as the provider for an EU consolidated tape covering OTC derivatives market data.
Market Analysis
ESMA Selects Etrading Software for EU OTC Derivatives Consolidated Tape
ESMA picked Etrading Software Netherlands to operate the EU consolidated tape for OTC derivatives, pending authorisation.
Regulation
ESMA Warns Firms That Event Contracts May Fall Under Binary-Options Bans
ESMA told firms to assess whether prediction-market-style event contracts fall under EU binary-options restrictions.
Regulation
ESMA Sets Out Report-Once Path for EU Transaction Reporting
ESMA outlined a staged plan to simplify transaction reporting and move toward one integrated EU reporting framework.
Regulation
FCA Proposes Simpler UK Investment Cost Disclosures
The FCA wants platforms, advisers and wealth managers to present investment costs in clearer plain-English disclosures.
Market Analysis
Nasdaq Launches Nasdaq-100 Binary Options Reference Index
Nasdaq launched NDXB, a one-second Nasdaq-100 Binary Options Reference Index distributed through GIDS.
Market Analysis
Nasdaq Adds ServiceNow Options to Penny Interval Program
ServiceNow options moved into penny quoting across Nasdaq's U.S. options exchanges on July 1.
Regulation
NYSE American Files FLEX Options Rule Changes
NYSE American filed changes to FLEX Options rules that govern customized option terms and trading procedures.
Market Analysis
SEC Adds Market Statistics on IPOs, ABS, and CMBS Issuance
SEC market data now includes updated IPO, ABS, CMBS, and registered offering statistics for traders tracking primary-market conditions.
Regulation
FCA Sets Final UK Crypto Trading and Stablecoin Rules
UK crypto platforms, custodians, intermediaries, staking firms and stablecoin issuers now have final FCA rules to prepare against.
Regulation
SEC Seeks Comment on Novel ETF Framework
The SEC is asking whether its ETF framework should change for funds using innovative assets or novel strategies.
Industry News
CME Plans Beef Trim Futures and Options for July
CME Group plans to add 90% and 50% Lean Beef Trim futures and options, giving agriculture traders a new hedging contract.
Industry News
CME Plans July Launch for Single Stock Futures
CME Group plans to list standard and micro single stock futures across more than 50 major U.S. stocks on July 27.
Broker Updates
Interactive Brokers Adds Nextrade ATS Access for Korean Equities
Interactive Brokers clients can now access select Korean equities through Nextrade, with SmartRouting across Nextrade and KRX.
Regulation
SEC Opens Comment Request on Novel Exchange-Traded Funds
The SEC opened a public comment request on novel ETFs, including funds tied to innovative asset classes and investment strategies.
Regulation
CFTC Orders Netrios and Red Acre to Pay $2.5 Million Over Off-Exchange Retail Commodity Transactions
The CFTC ordered Netrios and Red Acre to pay $2.5 million combined over off-exchange leveraged retail commodity activity involving U.S. customers.
Regulation
CFTC Orders Netrios and Red Acre to Pay $2.5 Million Over Off-Exchange Retail Commodity Transactions
The CFTC ordered Netrios and Red Acre to pay $2.5 million tied to offshore leveraged retail commodity platforms.
Regulation
FCA Proposes Narrower Consumer Duty Scope for Wholesale Business
The FCA wants clearer Consumer Duty boundaries for wholesale firms, including non-UK business with no clear UK link.
Regulation
FCA Warns YoForex Is Not Authorised in the UK
The FCA warned that YoForex is not authorised and may be targeting people in the UK through yoforex.net and yoforex.org.
Broker Updates
Trading Technologies Upgrades TT Trade Surveillance With Market Replay
Trading Technologies added Market Replay and a refreshed case-management UI to TT Trade Surveillance.
Regulation
CFTC and SEC Seek Comment on Portfolio Margining Harmonization
The CFTC and SEC asked for market feedback on whether portfolio margining rules should be better aligned across products and agencies.
Regulation
FCA Consults on Listing Rule Changes for Closed-Ended Funds
The FCA is consulting on listing-rule changes for closed-ended funds, with comments due by 14 August 2026.
Regulation
SEC and CFTC Ask for Comment on Portfolio Margining Harmonization
The SEC and CFTC opened a comment request on portfolio margining alignment across securities, futures, swaps, and related positions.
Regulation
CFTC Proposes New Data Reporting Framework for Certain Event Contracts
The CFTC proposed a new data reporting route for certain fully collateralized event contracts, moving away from reliance on no-action letters.
Regulation
CFTC Proposes Event Contract Reporting Framework
The CFTC wants to replace event-contract reporting no-action relief with a clearer framework for designated markets and intermediaries.
Regulation
FCA Censures CACEIS UK Over WealthTek Client-Asset Controls
The FCA said CACEIS UK failed to act on information that exposed WealthTek clients to financial-crime risk.
Regulation
FCA Consults on Commitments in Commodity Futures Competition Probe
The FCA is weighing commitments from 11 commodity futures traders after a competition probe into information sharing and trading coordination.
Industry News
Nasdaq UTP SIP Prepares for Texas Stock Exchange Launch
TXSE is expected to join UTP data feeds on July 6, adding a new market center identifier for Nasdaq-listed securities.
Regulation
CFTC Sues Kentucky Over Prediction-Market Jurisdiction
The CFTC is challenging Kentucky’s state-level actions against registered prediction-market contract markets.
Regulation
CFTC Seeks Comment on 24/7 Energy Futures and Perpetual Contracts
The CFTC is building a record on 24/7 futures trading and energy-linked perpetual contracts, with comments due after Federal Register publication.
Market Analysis
CFTC Seeks Comment on 24/7 Energy Futures and Perpetual Energy Contracts
The CFTC is studying 24/7 energy futures trading and perpetual energy contracts, with comments due after Federal Register publication.
Regulation
FCA Launches UK Bond Consolidated Tape With Real-Time Trade View
UK bond traders now have a consolidated tape covering most in-scope post-trade data, with an equity tape still to come.
Broker Updates
Interactive Brokers Adds ChatGPT and Grok to AI Trading Integrations
Interactive Brokers expanded its agentic trading integrations beyond Claude, adding ChatGPT and Grok support for eligible clients.
Regulation
ESMA Highlights Lessons From Global CCP Fire Drill
ESMA said the global CCP fire drill points to more work on default-management procedures, porting tests, and stress scenarios.
Regulation
CFTC Resolves Celsius Founder Case With Trading and Registration Bans
The CFTC's Celsius founder case ended with permanent trading and registration bans, reinforcing scrutiny of crypto yield platforms.
Regulation
CFTC and SEC Seek Comment on Swap Data Reporting
The CFTC and SEC are asking whether swap data reporting rules should be modernized and better aligned.
Regulation
Nasdaq Sets Fees for New Options Order and Trades Feeds
Nasdaq proposed distributor fees for standalone NOM order-book and last-sale data feeds.
Regulation
SEC Approves Nasdaq Texas Rules for ETP Listings
Nasdaq Texas can adopt ETP listing and halt rules based on Nasdaq's existing Rule 5700 series.
Regulation
Nasdaq PHLX Files A.M.-Settled NDX Weekly and Month-End Options
Nasdaq PHLX wants to add A.M.-settled NDX options for weekday and month-end expirations.
Regulation
CFTC and SEC Seek Comment on Derivatives Product Definitions
The CFTC and SEC are asking for input on derivatives definitions, mixed swaps, novel products and jurisdictional clarity.
Regulation
CFTC Staff Grants Swap Risk-Reduction No-Action Relief
CFTC staff clarified treatment of swap portfolio rebalancing and basis-risk mitigation services.
Regulation
FINRA Opens New Rule 605 Reporter Form
Broker-dealers and market centers choosing FINRA as designated participant now need to use a new electronic Rule 605 form.
Broker Updates
Trading Technologies Plans Kalshi Connectivity for Regulated Prediction Markets
Trading Technologies plans to add Kalshi connectivity as institutional demand for regulated prediction markets grows.
Regulation
ASIC Wins High Court Appeal Over Block Earner Product
ASIC won a High Court appeal clarifying that Block Earner's fixed-yield digital asset product required a financial services licence.
Regulation
FINRA Expels Reid & Rudiger Over Churning and Reg BI Violations
FINRA expelled Reid & Rudiger and barred its cofounders after a churning case tied to Reg BI and excessive trading.
Regulation
SEC Publishes 24X Tokenized Securities Rule Filing
24X filed rule changes that would let eligible members trade tokenized versions of certain stocks and ETFs on the same book.
Regulation
CFTC Opens Fintech Competition RFI
The CFTC is asking which regulatory items could be updated to streamline applications and fintech partnerships.
Regulation
ASIC Secures Record $300 Million Penalties in Union Standard CFD Case
ASIC's CFD case ended with record penalties and renewed warnings about licensee responsibility for authorised representatives.
Regulation
CFTC Staff Gives DCMs Short Window to Convert Digital Commodity Perpetual Futures
CFTC staff gave designated contract markets a brief path to convert existing digital commodity perpetual-style futures into true perpetual contracts.
Regulation
CFTC Sues New Mexico Over State Action Against Prediction Markets
The CFTC says federal law gives it exclusive authority over event contracts traded on registered prediction-market venues.
Regulation
CFTC Gives DCMs No-Action Path for Digital Commodity Perpetual Futures
CFTC staff outlined conditions for DCMs to convert existing digital commodity perpetual-style futures into true perpetual futures.
Regulation
CFTC Proposes Whistleblower Award Rule Change
The CFTC opened comment on a whistleblower-rule proposal aimed at faster and more predictable award processing.
Industry News
CME Plans Four Broad-Market E-mini Equity Index Futures
CME plans new E-mini futures on broad U.S. equity benchmarks, expanding listed tools for all-cap market exposure and hedging.
Industry News
CME Plans Smaller WTI Contract and 24/7 Gold Trading
CME is pairing a new smaller WTI contract with round-the-clock trading for 1-Ounce Gold futures as listed derivatives hours keep expanding.
Broker Updates
Coinbase Adds Agentic Trading Access With User-Controlled Limits
Coinbase for Agents lets users connect AI agents to Coinbase accounts so they can trade, pay and execute workflows inside set limits.
Regulation
FINRA Board Approves Rule Proposals on Remote Inspections and Broker Supervision
FINRA's board advanced rule proposals that could reshape inspection cycles, supervision obligations and broker-dealer compliance workflows.
Industry News
Nasdaq Names Five Additions in June 2026 Nasdaq-100 Rebalance
Astera Labs, CoreWeave, Nebius, Rocket Lab and Teradyne are set to enter the Nasdaq-100 before trading on June 22.
Regulation
NYSE Arca Files Option for ETP IPOs to Start at 4 a.m. ET
NYSE Arca wants eligible new ETP listings to have a 4 a.m. launch option, extending premarket access on day one of trading.
Regulation
SEC Proposes Rescinding Reg NMS Trade-Through and Locked-Market Rules
The SEC wants to scrap the trade-through rule and the ban on locked and crossed protected quotes, a major shift for U.S. stock routing.
Market Analysis
CME to Launch Financially Settled Micro E-mini S&P 500 and Nasdaq-100 Options
The new Micro E-mini options will be one-tenth the size of E-mini options and settle financially instead of into futures.
Regulation
FCA Confirms Special Administrators for Euro Exchange Securities UK
Euro Exchange Securities UK remains under special administration after FCA action forced the payment firm to cease regulated services.
Regulation
SEC Proposes Rescinding Reg NMS Order Protection Rule
The SEC opened a proposal that would remove the trade-through rule and related quote-locking restrictions from Regulation NMS.
Regulation
CFTC Proposes Public-Interest Review Framework for Event Contracts
The CFTC proposed a 90-day review framework for certain event contracts listed by regulated prediction-market venues.
Regulation
NYSE American Files Best-Execution Rule for Customer Orders
NYSE American is adding a best-execution rule that focuses on reasonable diligence, routing, and customer order protection.
Regulation
FCA Starts Civil Proceedings Against Woodford and W4.0 Over Unauthorised Advice
The FCA is seeking an injunction over alleged unauthorised investment advice and financial promotions by Woodford and W4.0.
Regulation
FINRA TRACE Allocation Reporting Changes Take Effect for Broker-Dealer Advisers
FINRA's TRACE allocation reporting amendments for broker-dealer investment advisers took effect on June 8, 2026.
Market Analysis
Nasdaq Temporarily Changes STGY Router Behavior for Locked and Crossed Quotes
Nasdaq will pause STGY rerouting for certain locked or crossed quote conditions from June 10 through June 15.
Regulation
SEC and CFTC Establish Joint Financial Data Standards
Federal regulators finalized shared data standards that could make market and firm reporting more machine-readable over time.
Regulation
FCA Sets Next Steps for UK Money Market Fund Resilience Rules
The FCA plans new MMF resilience rules as the UK prepares to replace its current Money Market Funds Regulation.
Regulation
ICE Clear Credit Files Treasury Clearing Risk Documentation Updates
ICE Clear Credit proposed documentation updates for its U.S. Treasury clearing risk models, margin approach and guaranty fund framework.
Regulation
Nasdaq ISE Files Rule Change for Non-Conforming Complex Option Ratios
Nasdaq ISE moved to accept larger-ratio complex option strategies while keeping NBBO and Priority Customer protections in place.
Industry News
Nasdaq UTP Plans Enhanced Symbol Directory for Extended Hours
UTP plans a new enhanced symbol directory message for minimum-price increments, trading states and 23-hour data-feed operations.
Regulation
FINRA Publishes Guidance for New Intraday Margin Standards
FINRA added implementation guidance for brokers as the new intraday margin rule replaced legacy pattern day trader requirements.
Market Analysis
MEMX Proposes Options Listing Standards for Multi-Crypto Asset Trusts
MEMX wants listing standards for options on commodity-based trusts that hold more than one crypto asset.
Broker Updates
Robinhood Routes World Cup Event Contracts to Rothera
Robinhood is adding World Cup prediction markets and using Rothera for selected event-contract routing.
Regulation
SEC Approves LCH SA Expansion of Eligible U.S. Treasury Collateral
LCH SA can expand eligible CDSClear margin collateral beyond T-bills to include Treasury notes, bonds, FRNs and TIPS.
Market Analysis
Cboe Files to Raise IBIT Options Position and Exercise Limits
Cboe filed to increase IBIT options position and exercise limits, expanding capacity for larger bitcoin ETF options strategies.
Market Analysis
Cboe Files to Raise Position Limits for IBIT Options
Cboe filed to increase position and exercise limits for options on the iShares Bitcoin Trust ETF, with SEC comments due June 29.
Regulation
CFTC Staff Grants Cboe Digital Time-Limited No-Action Relief on Dormancy Procedures
CFTC staff gave Cboe Digital Exchange time-limited no-action relief tied to designated contract market dormancy procedures.
Broker Updates
Coinbase Lists SpaceX Pre-IPO Perpetual Future for Non-US Traders
Coinbase's first pre-IPO perpetual future references SpaceX's implied valuation and trades 24/7 for eligible non-US users.
Regulation
ESAs Publish First DORA Major ICT Incident Report
The ESAs' first DORA incident report gives brokers another signal that operational resilience reporting is becoming more data-driven.
Regulation
FCA Warns Football Clubs Over Unauthorised Trading Platform Sponsors
The FCA says unauthorised trading platforms are using football sponsorships to target fans without UK regulatory protection.
Regulation
KalshiEX Files to List LINK, DOT and XLM Perpetual Futures
KalshiEX filed self-certifications for LINKPERP, DOTPERP and XLMPERP, extending its regulated crypto perpetual futures push.
Regulation
SEC Draft Plan Puts Digital Assets and Enforcement Reset on Comment Track
The SEC's draft strategic plan points to digital-asset clarity, market efficiency, and a narrower enforcement posture through 2030.
Market Analysis
ESMA-Backed Task Force Publishes EU Gas Derivatives Market Findings
A European task force including ESMA published its findings on EU gas and gas derivatives market functioning.
Broker Updates
Schwab Adds 24/7 Crypto Futures and Expands Fractional Trading
Schwab added select 24/7 crypto futures access on thinkorswim and expanded fractional trading to most U.S. stocks and ETFs.
Regulation
CFTC Streamlines Product Self-Certification Filings for Exchanges
The CFTC says exchanges can now file one document set for multiple closely related contract certifications, cutting duplicate submissions.
Industry News
CME Group Launches 24/7 Crypto Futures and Options Trading
CME's crypto futures and options now trade 24/7, giving derivatives traders regulated weekend access to digital asset risk.
Industry News
CME Sets June 15 Start for Globex Google Cloud Migration Testing
CME is starting Globex Google Cloud migration testing with equity futures market segments and new connectivity options.
Market Analysis
FINRA Snapshot Shows Extended-Hours and Options Trading Growth
FINRA's latest industry snapshot shows extended-hours trading and listed options are now central features of U.S. brokerage activity.
Regulation
Cboe Plans Small Retail Broker Program for BZX
Cboe plans an August 2026 Small Retail Broker program change affecting BZX and EDGX U.S. equities market data notices.
Broker Updates
Interactive Brokers Adds Claude Integration for Portfolio Analysis and Trade Instructions
Interactive Brokers now lets clients connect Claude to account data, portfolio analysis and client-approved trade instructions.
Regulation
SEC Approves Cboe EDGX 23x5 Trading Plan
The SEC approved Cboe EDGX's amended 23x5 trading framework for equities and derivative securities.
Regulation
CFTC Staff Sets Expectations for 24/7 Trading and Clearing Plans
CFTC staff told exchanges, clearinghouses and FCMs to engage early before extending derivatives trading or clearing to a 24/7 basis.
Regulation
CFTC Staff Addresses Coinbase Access to Deribit Crypto Perpetuals
CFTC staff addressed how certain Deribit-listed crypto perpetuals may be treated as foreign futures for Coinbase Financial Markets.
Regulation
CFTC Approves Kalshi Bitcoin Perpetual Futures Contract
The CFTC approved KalshiEX's bitcoin perpetual futures contract, with conditions tied to CEA and DCM core-principle compliance.
Industry News
CME Sets Crypto Futures Weekend Market-Maker Program for May 29
CME set a May 29 effective date for a weekend market-maker program tied to cryptocurrency futures.
Market Analysis
ESMA Says Market Data Quality Improved in 2025 Report
ESMA's latest data-quality report shows why transaction, transparency and reference data remain central to broker oversight.
Market Analysis
IEX Updates Routing Rules Ahead of Texas Stock Exchange Launch
IEX moved to add Texas Stock Exchange to its routing and market-data rules before TXSE's planned July 2026 launch.
Regulation
SEC Approves Cboe Extended Hours for Select Equity Options
Cboe can move ahead with extended sessions for eligible multi-listed equity options after SEC approval of its amended rule filing.
Regulation
SEC Approves Cboe Extended Trading for Multi-Listed Equity Options
Cboe received SEC approval to offer extended trading sessions for up to 100 actively traded equity option classes.
Industry News
Robinhood Opens Agentic Trading Beta for AI-Driven Equity Orders
Robinhood is letting customers connect AI agents to a separate trading account, with equities-only beta access and built-in controls.
Regulation
ASIC Moves Euroclear Toward Australian Clearing and Settlement Licensing
ASIC says Euroclear must apply for an Australian clearing and settlement facility licence by 26 May 2027.
Industry News
Cboe Expands DJX Options With Weekly and End-of-Month P.M.-Settled Expirations
Cboe is adding more P.M.-settled DJX expirations, giving index-options traders finer date coverage around the Dow.
Industry News
Cboe Schedules Stop-Limit Complex Orders and New Stop Complex Order Auctions
Cboe is preparing stop-limit handling for complex options orders, along with a new auction mechanism tied to those orders.
Regulation
FCA Review Finds Weaknesses in Financial Promotion Approval Controls
The FCA says some promotion approvers are still signing off weak or mis-targeted ads, with some sites already blocked for retail users.
Regulation
SEC Approves NSCC Rule Change to Support Extended-Hours Equity Trading
NSCC received SEC approval for rule updates that help clearing infrastructure adapt to extended-hours U.S. equity trading.
Regulation
ESMA Opens T+1 Consultation on Allocations and Confirmations Rules
ESMA wants faster, fully electronic post-trade workflows ahead of the EU’s planned T+1 settlement move.
Industry News
BOX Moves To Lift IBIT Options Limits to 1 Million Contracts
BOX wants to raise IBIT options limits to 1 million contracts as crypto ETF options volume keeps building.
Industry News
IEX Raises Equity Rebate Tier Hurdles for June
IEX is tightening the volume targets tied to several equity rebate and fee tiers from June 1.
Regulation
SEC Approves Nasdaq PHLX Bitcoin Index Options
Nasdaq PHLX won SEC approval to list cash-settled Bitcoin index options, expanding regulated crypto derivatives access.
Industry News
MIAX Rolls Out a Trade-by-Trade Options Data Report
MIAX is adding a new historical options data product built around full trade-level reporting on a T+1 basis.
Industry News
Nasdaq Files NOM Rule Rewrite Ahead of July Technology Migration
Nasdaq is aligning NOM’s rulebook with a new options platform before a planned July 27 migration.
Industry News
NYSE Arca Files Formal Rule Changes for a 23/5 Overnight Session
NYSE Arca’s latest filing turns its 23/5 trading plan into a concrete rulebook update for members.
Regulation
SEC and NFA Sign Coordination Pact for Shared Oversight Areas
A new SEC-NFA memorandum aims to reduce duplicated oversight and tighten coordination in shared markets.
Regulation
SEC and NFA Sign MOU to Coordinate Oversight Across Securities and Derivatives Markets
The SEC-NFA MOU targets better information sharing on emerging risks, exams and market conditions across overlapping regulatory areas.
Regulation
FINRA Fines Pictet Overseas and Blue Ocean ATS Over Low-Priced Securities Controls
FINRA said Pictet Overseas and Blue Ocean ATS failed to tailor AML controls to low-priced securities trading risks.
Industry News
24X Pushes Overnight Market-Session Filing Deadline to December 2026
24X is seeking more time before its overnight market-session rule filing comes due, delaying a key step toward exchange-based overnight equities trading.
Regulation
FINRA Publishes Interpretations for New Intraday Margin Standards
FINRA added guidance for firms implementing intraday margin rules that replace the old pattern day trader framework.
Industry News
NYSE Arca Maps Out Overnight Session in Updated Extended-Hours FAQ
NYSE Arca’s latest extended-hours FAQ gives traders more detail on how its planned overnight session would work.
Industry News
TradeStation Launches Insights AI for Market Context on Active Stocks
TradeStation’s new Insights AI tool pairs charts with automated market context on actively traded stocks.
Regulation
SEC Opens Proceedings on Cboe Plan for DPMs in GTH and Curb Sessions
The SEC is taking a closer look at how Cboe would handle DPM appointments and quoting duties outside regular options hours.
Regulation
FINRA Seeks More Frequent, More Detailed Short-Interest Reporting
FINRA wants more granular short-interest data and a new monthly report on fail-to-deliver allocations.
Industry News
Nasdaq PHLX Lifts Proposed IBIT Options Limit to 1 Million Contracts
PHLX wants a much higher ceiling for IBIT options, a sign that bitcoin ETF derivatives are quickly being treated more like mainstream institutional products.
Regulation
FCA and Bank of England Open Tokenisation Roadmap Discussion for UK Wholesale Markets
UK regulators have opened a tokenisation roadmap discussion for wholesale markets, with feedback due by 3 July 2026.
Regulation
FCA Leads First UK Crackdown on Illegal Peer-to-Peer Crypto Trading
The FCA has moved from warnings to on-site disruption in its first UK crackdown on illegal peer-to-peer crypto trading.
Industry News
Cboe Tweaks AIM Fees and Adds a New Top VIP Tier
Cboe’s latest fee filing adjusts AIM pricing in several products and adds a higher-volume rebate tier for customer flow.
Industry News
CME Group Plans Nasdaq CME Crypto Index Futures Launch for June 8
CME Group plans a new basket-style crypto futures contract, offering traders broader regulated exposure than single-coin products.
Broker Updates
Interactive Brokers Unifies Access to Prediction Markets Across Kalshi, CME and ForecastEx
Interactive Brokers now lets eligible clients trade prediction markets from Kalshi, CME and ForecastEx inside one account.
Regulation
CFTC Staff Grants Reporting Relief for Fully Collateralized Event Contracts
CFTC staff moved to standardize no-action treatment for data reporting tied to fully collateralized event-contract transactions.
Regulation
ESMA Tightens Guidance on When Trading Systems Need Venue Authorisation
ESMA has sharpened its venue-perimeter guidance, with direct implications for RFQ systems, EMS tools, and pre-arranged trading workflows.
Regulation
ESMA Updates Trading Venue Perimeter Guidance for RFQ and Voice Systems
ESMA has updated its perimeter guidance for RFQ, voice and pre-arranged systems under MiFID II.
Broker Updates
Interactive Brokers Highlights Mobile Order Submission in 2026 API Release Notes
IBKR’s latest API production notes add practical plumbing changes that can matter for active traders building on top of TWS.
Broker Updates
XTB Makes Latest Mobile App Version Mandatory From May 11
XTB is forcing updates for older mobile app versions, making platform maintenance a live access issue for active traders.
Regulation
CFTC Moves Swap-Clearing Rules From CDOR and TIIE to New CAD and MXN Benchmarks
The CFTC wants mandatory clearing rules to shift from legacy CAD and MXN swap benchmarks to overnight-rate contracts.
Market Analysis
CFTC Proposes Updated Clearing Rules for CAD and MXN Interest Rate Swaps
The CFTC wants mandatory clearing rules for CAD and MXN interest-rate swaps to track newer overnight benchmark rates.
Broker Updates
Interactive Brokers Opens Korea Exchange Access to Global Clients
Interactive Brokers has added Korea Exchange access, giving eligible clients a new route into one of Asia’s deepest equity markets.
Regulation
CFTC Fines New York Treasury Futures Trader $200,000 Over Spoofing
The CFTC penalized a New York trader for spoofing in Treasury futures on roughly 50 occasions.
Industry News
MIAX Futures Sets May 18 Trade-Date Launch for Financial Futures on Onyx
MIAX Futures is preparing firms for a May 18 launch of financial futures on Onyx, with mock testing and new index futures contracts in scope.
Industry News
Bullish Tokenizes Its NYSE-Listed Shares on Solana
Bullish has put its own listed shares onchain, creating a closely watched live test for tokenized equity ownership inside U.S. securities rules.
Regulation
CFTC Opens Review of Commitments of Traders Reporting Program
The CFTC has opened a review of its Commitments of Traders reporting program, with comments due by June 4.
Industry News
Nasdaq Changes Opening-Cross Handling for Select Non-IPO New Issues
Nasdaq is changing how select non-IPO new issues interact with the Opening Cross, with the update taking effect on May 18.
Industry News
Trading Technologies Expands TT FX into Forwards, NDFs, Swaps, and Deeper Liquidity
TT has widened its FX stack, adding forwards, swaps, and more bank and non-bank liquidity to its execution workflow.
Regulation
CFTC Extends Event-Contract Reporting Relief to Railbird and Bitnomial
Railbird and Bitnomial received expanded CFTC no-action relief tied to reporting and recordkeeping for event contracts.
Regulation
ESMA Sets Out “Report Once” Path for EU Funds and Transaction Reporting
ESMA wants to simplify reporting across EU funds and trading markets with harmonised templates and a longer-term report-once framework.
Regulation
SEC Grants HQLAx and Clearstream Limited No-Action Relief for U.S. Platform Access
SEC staff has opened a narrow path for large U.S. firms to use the HQLAx-Clearstream platform without clearing-agency registration.
Regulation
CFTC Grants Gemini Titan and Olympus Relief on Event-Contract Reporting
Gemini Titan and Gemini Olympus received CFTC no-action relief tied to event-contract reporting and recordkeeping rules.
Regulation
FCA Warns CFD Investors Against Giving Up Retail Protections
The FCA is warning CFD traders that some firms are steering them toward setups that remove leverage caps and other retail safeguards.
Regulation
CFTC Opens Review of Commitments of Traders Reporting Program
The CFTC is reviewing whether its COT reports should publish more often and show different market-position data.
Regulation
ESMA Opens Market-Structure Review of European Equity Trading
ESMA is asking the market whether changes in how European shares trade now need a regulatory response.
Regulation
ESMA Withdraws Periodic-Auctions Tick-Size Q&A During Equity-Market Review
ESMA has quietly pulled a periodic-auctions tick-size clarification while reopening bigger questions about EU equity market structure.
Regulation
FCA Publishes Fund-Tokenisation Guidance and Backs Direct-to-Fund Dealing Option
The FCA has given firms a clearer rulebook for tokenised funds and an optional direct-to-fund dealing model.
Broker Updates
Nasdaq Sets May 14 Launch for New Post-Trade Risk APIs
Nasdaq is expanding Post Trade Risk with new APIs that expose live limit and risk-monitoring functions beyond the WorkX interface.
Industry News
ESMA Opens Call for Evidence on European Equity Market Structure
ESMA is asking the market whether shifting equity flow across venues now needs further rule changes.
Industry News
Nasdaq Extends EWY Options Closing Time to 4:15 p.m. ET
EWY options on Nasdaq venues now trade 15 minutes longer each day.
Regulation
NYSE Arca Files Immediate Rule Change for Tokenized Securities Trading
NYSE Arca says tokenized securities could trade under its existing market structure, with matching based on the same book and protections.
Regulation
Cboe Seeks Daily A.M.-Settled SPX Options Across the Full Trading Week
Cboe wants to list A.M.-settled SPX options for every weekday, giving index traders more precise expiry choices.
Regulation
CFTC Sues Wisconsin Over State Action Against Prediction Markets
The CFTC is widening its court fight with states over who regulates U.S. prediction markets.
Regulation
FCA Opens Consultation on Removing Two UK IPO Research Restrictions
The FCA says its 2018 IPO research rules added cost and friction without delivering more unconnected research.
Industry News
Nasdaq Applies New Round-Lot Sizes Under SEC Market Data Rules
Nasdaq has refreshed round-lot sizes for active listings as the SEC’s market-data overhaul keeps reshaping quote conventions.
Regulation
Nasdaq UTP Rolls Out Odd-Lot Quote Reporting to the SIP
Odd-lot quotes are now flowing through the UTP SIP, changing what traders and data users can see in public market data.
Regulation
ASIC Says CFD Review Returned Nearly $40 Million to Retail Investors
ASIC says its CFD review pushed nearly $40 million back to retail investors and exposed widespread distribution failures across the sector.
Regulation
ESMA Tells Investment Firms to Treat AI Use as a MiFID II Compliance Issue
ESMA says firms using AI in investment services do not get a regulatory free pass: MiFID II obligations still apply in full.
Regulation
ESMA Opens Call for Evidence on the Retail Investor Journey Under MiFID II
ESMA is asking where MiFID II helps retail investors and where it simply adds friction, complexity, or dropout points.
Regulation
CFTC Files Massachusetts Brief to Defend Federal Control of Prediction Markets
The CFTC is widening its court fight against state efforts to police federally regulated prediction markets.
Regulation
CFTC Sues New York Over State Action Against Prediction Markets
The CFTC is escalating its fight with states over who regulates U.S. prediction markets.
Industry News
MetaTrader 5 Build 5830 Adds Usability Fixes Across Help, Charts, and the Web Terminal
MetaQuotes has shipped MT5 Build 5830, a smaller update focused on usability fixes that active platform users will still notice.
Broker Updates
MetaTrader 5 Build 5830 Focuses on Help-System Usability and Dark-Theme Fixes
MetaTrader 5 Build 5830 sharpens the built-in help system and fixes several interface issues across the terminal.
Industry News
MetaTrader 5 Build 5830 Upgrades Help System and Dark-Theme Usability
MetaQuotes has shipped MT5 Build 5830 with help-system upgrades and dark-theme interface fixes.
Regulation
CFTC Brings First Insider-Trading Case Tied to Event Contracts
The CFTC has brought its first insider-trading case involving event contracts listed on a prediction market.
Regulation
FCA Leads Global Crackdown on Illegal Finfluencers
The FCA says illegal finfluencer ads reached at least 2.3 million UK accounts, prompting a new cross-border enforcement push.
Industry News
Nasdaq Prepares New Market Data Products for 23/5 U.S. Equity Trading
Nasdaq is preparing new data feeds to support a planned 23-hour U.S. equities session, a notable market-structure shift for active traders.
Regulation
FINRA Sets June Start for New Intraday Margin Rules That Replace the PDT Framework
FINRA has replaced the classic pattern day trader framework with intraday margin standards that start on June 4, 2026.
Regulation
FINRA Replaces PDT Rule With Intraday Margin Framework
The old PDT label and $25,000 threshold are on the way out under FINRA’s new intraday margin framework.
Regulation
FCA Finalizes UK Short-Selling Overhaul With Anonymous Aggregate Disclosures
The FCA’s new short-selling regime changes position reporting, market-maker exemptions, and public disclosure from July 2026.
Industry News
MetaTrader 5 Build 5800 Adds Depth of Market to the Trading Dialog
MetaTrader 5’s latest platform update puts depth of market and faster order controls directly inside the trading dialog.
Regulation
SEC Opens Broad Review of CAT and Other Market Audit Trails
The SEC has launched a fresh review of CAT and other audit-trail data used in market oversight.
Regulation
SEC Puts Options Market Structure Back Under the Microscope
The SEC’s latest options roundtable is not a rule change yet, but it shows where listed-options regulation could move next.
Broker Updates
MetaTrader 5 Build 5800 Redesigns the Main Trading Dialog
MetaTrader 5 Build 5800 adds a redesigned order dialog with built-in depth of market and faster access to one-click trading controls.
Regulation
FCA Opens Crypto-Regime Guidance Consultation for Platforms, Dealing and Staking
The FCA is consulting on how the UK’s future crypto rules should apply to trading platforms, dealing, custody and staking.
Regulation
SEC and CFTC Open Treasury Cross-Margining to More Customers
Treasury traders may see more efficient margin treatment as regulators expand access to cross-margining.
Broker Updates
eToro Agrees to Buy Zengo to Expand Self-Custody Crypto Tools
eToro plans to add Zengo’s self-custody wallet technology as it expands into tokenized and decentralized trading products.
Broker Updates
eToro Launches App Store for Trading and Analytics Tools
eToro is opening its platform to third-party trading and analytics apps, with one-click installs and API access for builders.
Regulation
ESMA Warns Brokers to Tighten Latency and Best-Execution Controls
ESMA is pushing brokers to treat execution quality as a hard control issue, not just a disclosure exercise.
Market Analysis
SEC Delays Decision on Ethereum ETF Options Proposal
The SEC has kicked the can again on Ethereum ETF options. Here is what the delay means for traders, volatility, and broker clients with crypto CFD exposure.
Market Analysis
UK Inflation Surprise Keeps Sterling Traders on Edge
Sterling is trading with a policy premium again after a stronger inflation reading complicated the Bank of England outlook.
Broker Updates
eToro Adds Tokyo Stocks and Launches a Japan-Focused Portfolio
eToro has opened trading in its first batch of Tokyo-listed shares and paired the launch with a new JapanEconomy portfolio.
Regulation
CFTC Outlines Five Enforcement Priorities for 2026, Signals Shift Away From Regulation by Enforcement
The CFTC named retail fraud and AML/KYC violations among its five 2026 enforcement priorities, while declaring the era of regulation by enforcement over.
Market Analysis
CME FX Futures Volumes Stay Elevated as Traders Reprice Policy Risk
CME currency futures volumes remain elevated as macro traders respond to policy uncertainty and sharper moves in major FX pairs.
Regulation
CySEC Expands Checks on Broker Withdrawal Disclosures in April 2026
CySEC is increasing scrutiny of how brokers explain withdrawal timelines, fees, and verification requirements to retail clients.
Regulation
ESMA's 2026 Supervisory Action Puts CySEC CFD Brokers' Conflict Policies Under the Microscope
ESMA's 2026 CSA on conflict-of-interest frameworks is expected to trigger enforcement. A review of 154 CySEC firms found most policies badly outdated.
Broker Updates
XTB Expands Interest on Uninvested Cash Offer in Selected Markets
XTB is pushing its interest-on-cash proposition more aggressively as brokers compete on yield, retention, and client wallet share.
Market Analysis
SEC Approves Nasdaq Rule Framework for 23-Hour U.S. Equities Trading
The SEC approved Nasdaq's 23-hour trading framework, but the overnight session still needs supporting market infrastructure before launch.
Industry News
Nasdaq PHLX Moves to Let Assigned Market Makers Join More Options Auctions
Nasdaq PHLX wants assigned market makers participating more directly in PIXL, facilitation and solicited-order style auctions.
Regulation
Cboe Seeks Extended Hours for Select Equity Options
Cboe wants some equity options trading to start before 9:30 a.m. ET and continue for 15 minutes after the close.
Regulation
NYSE Moves to Allow Tokenized Trading in Eligible Stocks and ETFs
NYSE wants to let eligible Russell 1000 stocks and major-index ETFs trade in tokenized form during DTC’s pilot.
Broker Updates
MetaQuotes Launches Metatrader.com as a Standalone Market-Analytics Portal
MetaQuotes has launched Metatrader.com, a new portal combining market news, charts, signals, and algo-trading resources.
Industry News
TradingView Links Portfolio Clicks Directly to Charts
TradingView has connected its portfolio views directly to charts and added multi-select actions for holdings and transactions.
Market Analysis
Dollar Volatility Spikes as Tariff Uncertainty Returns to Markets
Forex markets are pricing in elevated uncertainty after a fresh round of tariff announcements. Here is what it means for traders watching the major pairs.
Regulation
ESMA Confirms Q2 Consultation Will Cover Leverage Caps and Risk Warning Effectiveness
ESMA's Q2 consultation on CFD leverage caps is formally underway. The scope now confirmed includes leverage limits, negative balance protection, and the impact of risk warnings on retail outcomes.
Regulation
MiCA Phase 2 Enforcement Begins Across EU as Crypto Brokers Face New Compliance Deadline
MiCA Phase 2 is now live. EU-based crypto brokers without full authorisation face enforcement action. Here is what changed and what it means for traders.
Regulation
FCA Moves to Close Loopholes in Social Media CFD Promotion Rules
The FCA is tightening rules around finfluencers promoting CFDs on Instagram, TikTok, and YouTube. Here is what is changing and why it matters for traders.
Industry News
Pepperstone Expands MT5 Offering with Integrated Advanced Analytics Suite
Pepperstone has added an advanced analytics layer to MT5, including live sentiment data and economic calendar integration. Here is what traders get access to.
Market Analysis
Trade Policy Shifts Send Commodity Currencies Lower as USD Demand Holds
Commodity-linked currencies are underperforming in April as trade tensions return. AUD/USD and USD/CAD are showing the sharpest moves among the majors.
Regulation
ASIC Moves to Remake OTC Derivatives Clearing Rules
ASIC is moving to keep its OTC derivatives clearing regime in place instead of letting the current rules expire.
Regulation
ASIC Opens Consultation on Derivatives Reporting Rule Updates
ASIC opened consultation on reporting rule updates that could change how derivatives data is filed and cleaned up across the market.
Regulation
FCA Adds 12 Forex and CFD Platforms to Warning List
The FCA added 12 unauthorized forex and CFD brands to its warning list and urged traders to verify firms before sending money.
Regulation
ASIC Consults on Tighter CFD Product Design Rules
ASIC is consulting on tighter CFD product design rules, with more pressure on brokers to screen risk and market CFDs responsibly.
Regulation
ESMA Opens Review of CFD Leverage Limits for Retail Traders
ESMA is consulting on whether CFD leverage limits introduced in 2018 should be updated. Brokers and traders across the EU have until mid-June to respond.
Industry News
Nasdaq to Consolidate Equity Trade Journal Reports From August 3
Nasdaq is retiring legacy Equity Trade Journal variants and moving subscribers to three consolidated report formats in August.
Broker Updates
eToro Completes Nasdaq Listing After Years of Delays
eToro is now publicly traded on Nasdaq. Here is what the listing means for the platform's existing users and what to watch going forward.
Regulation
ESMA Tells Venues to Prepare Data Links Before EU Consolidated Tapes Go Live
ESMA wants venues and APAs to connect with EU tape providers early so bond and equity tapes can launch without data delays.
Regulation
CySEC Introduces Mandatory ESG Disclosure Requirements for Regulated Brokers
CySEC is aligning with EU sustainability disclosure frameworks, requiring CIF-licensed brokers to provide ESG-related information to clients. Compliance deadlines start in July 2026.
Regulation
Cboe EDGX Files for 23x5 Equity Trading With New Overnight Session
Cboe EDGX wants to run a 23x5 equities market, with a new overnight session and fresh risk disclosures for traders.
Regulation
FINRA Updates ADF Rules to Feed Odd-Lot Quotes Into the SIP
FINRA Rule 6272 now requires ADF participants to provide odd-lot quotation data for consolidated market-data feeds.
Regulation
FCA Fines DMBL Over Surveillance Failures in Its CFD Business
A new FCA enforcement case shows how seriously the regulator is treating surveillance controls in high-risk CFD activity.
Regulation
SEC Approves CAT Cost-Cut Plan for U.S. Market Surveillance
The SEC says new CAT changes could shave tens of millions of dollars from annual audit-trail costs.
Broker Updates
eToro Starts Rolling Out AI-Managed Agent Portfolios
eToro is rolling out Agent Portfolios, giving users a controlled way to let AI agents trade through dedicated sub-portfolios.
Broker Updates
Interactive Brokers Adds Direct Crypto Portfolio Transfers
Interactive Brokers now supports direct crypto transfers into IBKR-linked accounts, reducing the need to liquidate before moving platforms.
Regulation
CFTC Staff Publishes Crypto FAQs on Tokenized Collateral and Margin Use
New CFTC FAQs give crypto-market participants more detail on tokenized collateral and margin treatment.
Regulation
ESMA Proposes Simpler Market Abuse Disclosure Rules Under Listing Act
ESMA wants to simplify MAR delayed-disclosure guidance as the EU Listing Act reshapes what issuers must announce and when.
Regulation
SEC and CFTC Publish Joint Crypto Interpretation to Draw a Firmer Regulatory Line
The SEC and CFTC have issued a joint crypto interpretation that aims to clarify which tokens fall under securities law and where commodities oversight begins.
Regulation
CFTC Gives Phantom Limited No-Action Relief for Futures Access
The CFTC has given Phantom limited room to facilitate access to registered futures markets without immediate introducing-broker registration.
Regulation
SEC Proposes Limiting Rule 15c2-11 to OTC Equity Quotes
The SEC has proposed narrowing Rule 15c2-11 so broker quote-review duties stay focused on OTC equities.
Regulation
CFTC Opens Prediction-Markets Rulemaking With 45-Day Comment Window
The CFTC has opened a 45-day consultation on prediction-market rules, putting event contracts back at the center of U.S. derivatives policy.
Market Analysis
ESMA Publishes 2026 Equity Transparency Calculations Ahead of April Reset
ESMA’s latest transparency calculations will reset key EU equity trading thresholds from 6 April 2026.
Regulation
SEC Sets Lower Section 31 Fee Rate From 4 April 2026
US traders and brokers will see a lower Section 31 regulatory fee from 4 April, with the SEC setting the new rate at $20.60 per $1 million sold.
Broker Updates
MetaTrader 5 Build 5640 Adds Dark-Theme Refinements and Markdown Editing
MetaTrader 5 Build 5640 updates the platform with dark-theme improvements, MetaEditor Markdown support, and several trader-facing fixes.
Broker Updates
Interactive Brokers Adds Coinbase Derivatives Nano Bitcoin and Ether Futures
Interactive Brokers has added smaller-size Coinbase crypto futures, including perpetual-style contracts, to its platform.
Regulation
ASIC Says CFD Review Drove A$40 Million in Refunds and Compliance Fixes
ASIC says its CFD review led to nearly A$40 million in refunds and exposed weak controls across licensed issuers.
Regulation
ASIC Says CFD Review Drove Nearly $40 Million in Retail Refunds
ASIC says more than half of the CFD sector breached key rules, prompting refunds and wide compliance changes.
Broker Updates
Interactive Brokers Adds 24/7 Stablecoin Funding for Eligible Clients
Interactive Brokers has opened 24/7 stablecoin funding for eligible clients, with USDC deposits converted to U.S. dollars on arrival.
Regulation
SEC Keeps May Odd-Lot Rollout but Delays Full Depth-of-Book Data to 2028
The SEC preserved the May 2026 start for top odd-lot data but gave SIPs two more years to add full odd-lot depth-of-book information.
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