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As part of John Lothian News’s Exchange Leaders Series, Luc Fortin, the president and CEO of MX and global head of trading at TMX Group, updated us on current conditions in the Canadian markets. Fortin says while the impact of the coronavirus will inevitably cause “slippage” in exchange plans to add new products and extend trading hours, “It’s not a question of scrapping 2020” and client demand will continue to grow post-COVID-19.
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The Reddit revolt: GameStop and the impact of social media on institutional investors; Citi, BofA Want to Save Traders’ Time With Fixed-Income Platform
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This week on The Spread, the OCC and several major exchanges report trade volumes, the CFTC orders a Brooklyn man to pay $1 million in penalties over a binary options scheme, and more.
