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.
News Desk
Industry News
Short, sourced updates on regulation, broker moves, and market structure changes that matter to traders.
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.
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.
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.
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.
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
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.
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.
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
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.
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.
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.
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.
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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