NASDAQ Archives - The Industry Spread

USDOJ Unravels Trading Scheme

November 8, 2019

From approximately March 2012 until December 2013, three traders who were members of a single trading team at Tower engaged in a scheme to defraud other participants in the markets for E-Mini S&P 500, E-Mini NASDAQ 100 and E-Mini Dow futures contracts (collectively, E‑Mini futures contracts). The S&P 500 and NASDAQ 100 future contracts were traded on the Chicago Mercantile Exchange, while the Dow futures contracts were traded on the Chicago Board of Trade.

NASDAQ Board Faces Changes as Two of its Vice Chairmen Steps Down

October 23, 2019

American Stock Exchange operator NASDAQ, Inc set to see changes to its board as two of its long serving executive steps down from his senior level managerial role. As per the update released by the firm, its current Vice Chairman Meyer Sandy Frucher and Bruce E.Aust are resigning from their current designations at end of 2019.

Winklevoss Twins’ Gemini Launches Qualified Custodian for 18 Cryptocurrencies

September 11, 2019

Gemini Trust Company, the cryptocurrency exchange and custodian owned by the Winklevoss twins, has launched a qualified custodian, Gemini Custody, that supports 18 cryptocurrencies. This will allow users of the Gemini exchange to instantly trade their crypto in custody without waiting for it to be transferred out of cold storage.

Nasdaq’s Quandl Adds Crypto Rating and Price Forecasting Data

September 7, 2019

The blockchain data firm was founded by Alfred Prevoo, former employee of the European Central Bank (ECB) and a member of INATBA, the International Association for Trusted Blockchain Applications, launched by the European Commission in April, 2019.

SGX Launches NASDAQ’s Multi Matching Trading Engine

July 13, 2019

As per the recent announcement made by NY-based multi-national stock exchange service provider NASDAQ, Singapore Stock Exchange has started using its new financial framework product – Multi Matching Trading Engine. According to the details available in the statement, Singapore stock exchange went live with NASDAQ’s trading engine starting on 3rd June and applying this new piece of technology has made the Asian exchange upgrade its technical capabilities significantly.

Utah Based Fillmore Advisors Acquired By INTL FCStone

July 13, 2019

As per the recent announcement made by the firm, New York-based NASDAQ listed financial service provider INTL FCStone has acquired Utah based outsourced trading firm Fillmore Advisors. Fillmore Advisors is one of the leading independent firms in the financial industry which specializes in outsourced trading solutions and is based out of Park City in Utah. The firm is made of traders who are highly experienced and knowledgeable on both buy & sell side trading activities on a wide array of global investment vehicles.