In a recent note to customers, Bryan Blake, Vice President, Canadian Equities, shared records in MATCHNow’s Conditional Order Book… — In a recent note to customers, Bryan Blake, Vice President, Canadian Equities, shared records in MATCHNow’s Conditional Order Book, detailed plans to further enhance the Conditional Order Book and more. Several new records were set in MATCHNow’s Conditional Order Book in March. These records, which are listed below (single-counted), further…

Quote Depletion Protection (QDP) for Midpoint Discretionary Orders (MDO) is a popular order type for market participants who aim to avoid… — Quote Depletion Protection (QDP) for Midpoint Discretionary Orders (MDO) is a popular order type for market participants who aim to avoid adverse selection while accessing hidden liquidity. MDOs allow participants to post displayed or non-displayed liquidity at the National Best Bid or Offer (NBBO) with discretion to execute up to…

A concise weekly overview of the U.S. equities and derivatives markets — A concise weekly overview of the U.S. equities and derivatives markets Last week (February 22 to 26), fixed income markets remained front and center as the U.S. 10-year Treasury yield moved as high as 1.61% during Thursday’s market decline. The 10-year yield has now returned to where it was before…

In a recent note to customers, Bryan Blake, Vice President, Canadian Equities, detailed MATCHNow’s 2021 strategic vision, including plans… — In a recent note to customers, Bryan Blake, Vice President, Canadian Equities, detailed MATCHNow’s 2021 strategic vision, including plans to migrate to Cboe technology, growth in conditional orders and more. Just over six months ago, Cboe acquired MATCHNow to lead its expansion into Canada and build out a more complete…

Last week (February 15–19), the bond market took center stage as the U.S. 30-year treasury yield traded to 2.14% and the long end of the… — Last week (February 15–19), the bond market took center stage as the U.S. 30-year treasury yield traded to 2.14% and the long end of the curve has moved significantly higher since August and continues to steepen. Bitcoin (BTC) and other cryptocurrencies also made headlines, as BTC traded up to $57,000…

The S&P 500 is above 3,900 today, reaching a new all-time high. Last week, 30-day S&P 500 Index realized volatility climbed to 15.4%… — The S&P 500 is above 3,900 today, reaching a new all-time high. Last week, 30-day S&P 500 Index realized volatility climbed to 15.4%, while 30-day S&P 500 Index implied volatility fell to just over 16%. The small-cap Russell 2000 Index is up…

Effective Monday, March 8, the EDGX Early Trading session will begin at 4 a.m. ET. The reason we made this change is simple: we heard you… — Adam Inzirillo, Head of North American Equities, shared what drove Cboe’s decision to update the Cboe EDGX® Early Trading session hours, along with some recent volume updates. Effective Monday, March 8, the EDGX Early Trading session will begin at 4 a.m. ET. The reason we made this change is simple…