Lawsuits related to stalled cannabis licenses are piling up in Illinois, with the latest suit filed Monday by the Illinois Craft Cannabis Association v. Gov. J.B. Pritzker, the State of Illinois and the Illinois Department of Agriculture.
Cboe Global Markets honored Joseph Sullivan III, founder and first president of the CBOE, with a moment of silence today before the markets opened. Sullivan, a former journalist turned options industry leader, died on October 2 at the age of 82.
Deirdre Somers has joined the exchange services group Aquis Exchange as an independent non-executive director. Somers was previously CEO of the Irish Stock Exchange, including during its transformation to Euronext Dublin.
Citadel Investment Group's broker-dealer arm, Citadel Securities, reportedly plans to expand its presence on the floor of the New York Stock Exchange with the acquisition of IMC's market making unit. The deal is expected to close by year-end.
When Cboe Global Markets flipped the switch on its trading floor in mid-March and temporarily moved to all-electronic trading in response to the COVID-19 crisis, it also heralded a period of change for the options industry.
CFTC Division of Enforcement Director James M. McDonald plans to step down Thursday, the Wall Street Journal reported. McDonald led agency probes of numerous market manipulation cases, including the recent one involving a fine of nearly $1 billion against JPMorgan...
The U.K. Financial Conduct Authority has told City of London firms they will have an extra 15-months to adapt to most new U.K.-specific rules imposed after the December 31, 2020 Brexit transition deadline.
Chicago-based Revolution Global took first place in 6 out of 7 categories in a recent "Peoples Choice" competition judged by more than 200 consumers. John Lothian News talked with Revolution COO Dustin Shroyer to get the details.
Spanish stock exchange Bolsas y Mercados Espanoles (BME) has launched a new big data platform designed to improve transaction cost analysis and best execution service for clients seeking to comply with MiFID II rules.