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Row erupts as CBOE seeks to define exchange boundaries - Global Trading

Retrieved on: 2024-07-22 17:01:27

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Row erupts as CBOE seeks to define exchange boundaries - Global Trading. View article details on hiswai:

Summary

The article discusses CBOE's attempt to redefine its order management system (Silexx) to avoid being considered a 'facility' under the Securities Exchange Act, sparking regulatory concerns about reduced oversight. The debate involves major U.S. capital markets entities, including the SEC, CBOE, and NYSE, underscoring the significant interaction between Chicago's financial infrastructure and national regulatory standards.

Article found on: www.globaltrading.net

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