Follow Futures Nasdaq to launch kill switch March 1 - News and Current Events | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Traders Hideout > News and Current Events

Follow Futures Nasdaq to launch kill switch March 1
Started:February 24th, 2014 (08:37 PM) by kbit Views / Replies:519 / 0
Last Reply:February 24th, 2014 (08:37 PM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Follow Futures Nasdaq to launch kill switch March 1

Old February 24th, 2014, 08:37 PM   #1 (permalink)
Elite Member
Aurora, Il USA
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
kbit's Avatar
Posts: 5,839 since Nov 2010
Thanks: 3,275 given, 3,321 received

Follow Futures Nasdaq to launch kill switch March 1

NASDAQ is preparing a “kill switch” to avoid future trading debacles. The kill switch will be functional by March 1, and member firms will be given a tool to set limits on the size of positions they take. Should limits be breached, the kill switch will be triggered and trading will be prevented, with the firm’s open orders in the system to be cancelled.

Deutsche Boerse AG (DB1) aims to set up a Singapore-based clearinghouse, Bloomberg reported. According to CEO Reto Francioni, the expansion will increase net annual revenue to as much as EUR 2.7b within the next four years, and “the re-regulation of the capital markets is, on balance, not a burden, but an opportunity for market infrastructure providers.”

DB1 CEO Reto Francioni said “the chances of a hostile takeover succeeding in our sector are zero…even friendly ones have been difficult.”

ICE: ITG may bid for ICE’s Nyfix, a trading system that is being sold off as part of the consolidation of NYSE, the WSJ reported.

BVMF3’s iBalcăo post-trading platform for the over-the-counter securities market received approval from CVM and the central bank, and the platform will initially offer registration, clearing and settlement services for certificates of deposits, real estate-backed credit notes, and structured notes.

MOEX completed the buyback of 99,852,660 shares from its subsidiary MICEX-Finance. MOEX aims to retire the shares and make the amendments to its Charter in March.

MCX Stock Exchange is reviewing the pricing of its proposed rights issue. Should some shareholders prevail, it may have to reduce the price of its 1:1 issue. The exchange is planning to raise up to Rs 500 crore and is trying to convince them on the pricing of Rs 10 a share of Rs 1 face value.

National Stock Exchange (NSX) has successfully transitioned to an inverted pricing model – a fee schedule that pays the “taker” $0.0015 to remove liquidity to or above $1.

SEC is reviewing whether more proprietary high-speed trading firms should register as broker-dealers, which would subject them to greater oversight. Reuters reported.

Euroclear Bank has been selected by EuroCCP as sole settlement provider for all US-listed equities transactions made on Turquoise, the pan-European trading venue. The service was launched today, and transactions in US stocks listed and traded on Turquoise will be settled on behalf of clients at Euroclear Bank in any of the 54 settlement currencies offered by the ICSD.

Indonesia Commodity and Derivatives Exchange (ICDX) and Global Markets Exchange Group (GMEX) signed an MoU where they will explore opportunities for ICDX to utilize GMEX Technologies' exchange trading platform, ForumMatch, and surveillance system, ForumDetect; and also for cross linkage between GMEX and ICDX.

SEC appointed attorney and former regulator Stephen Luparello as director of the Trading and Markets Division, Reuters reported. Luparello is currently a partner at law firm WilmerHale, and prior to that he spent 16 years at FINRA, where his responsibilities included market regulation and enforcement.

Ontario Securities Commission (OSC) will soon reduce fees for smaller companies, with the fee relief to range between C$235 and C$17,275 for registered firms and between C$160 and C$13,150 for reporting issuers. According to Reuters, applicants for the relief must present their claims by end-March, and OSC will review the fee rule, accept public comments and possibly tweak the rule later this year.

Nasdaq to launch kill switch March 1

Reply With Quote

Reply > Futures Trading, News, Charts and Platforms > Traders Hideout > News and Current Events > Follow Futures Nasdaq to launch kill switch March 1

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
ICE to launch futures on Natural Gas Storage Inventories SMCJB Commodities Futures Trading 9 October 6th, 2014 05:21 PM
Follow Futures ICE earnings give glimpse at CEO Sprecher’s global blueprint kbit News and Current Events 0 February 11th, 2014 07:59 PM
Nasdaq December -> March Rollover? Amnesia Index Futures Trading 8 December 14th, 2012 07:03 AM
Government could get kill-switch for cell phones kbit News and Current Events 0 December 8th, 2011 11:00 AM

All times are GMT -4. The time now is 05:26 AM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-27 in 0.07 seconds with 19 queries on phoenix via your IP