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While the cost of trading for retail investors is racing towards zero, institutions are seeing this cost increase for stock trades of a certain size. → Read More
Virtu is trying to break into a business dominated by Wall Street's big banks: buying stock on behalf of large hedge funds and asset managers. → Read More
JPMorgan recently submitted a letter to the Securities and Exchange Commission outlining its position on the so-called transaction fee pilot, a controversial proposal to shake up stock trading in the US. → Read More
Morgan Stanley is diving deeper into the world of cryptocurrencies and is planning to offer trading of a new product tied to bitcoin, according to a Bloomberg News report. → Read More
It's an important moment for the young stock exchange which commands just 2% of the stock trading market. → Read More
BI PRIME: Already, Seed CX has brought on several heavyweights from the Chicago trading world, including Sam Tegel, the former head of liquidity strategy at Jump Trading, and most recently John Hart, a former managing director at CME Group. → Read More
BI PRIME: Business Insider spoke with Tyler Winklevoss, the president of Gemini, about the firm's new stable coin. Gemini hopes the crypto will become a digital cash, bringing together the best of fiat and blockchain assets. → Read More
BI PRIME: The structure would place cryptocurrencies within existing regulatory regimes and give big Wall Street investors like asset managers and hedge funds a less risky way of investing in the fledgling asset class. → Read More
BI PRIME: Coinbase is known for its wide-ranging business model. It's now looking to create an exchange-traded product tied to crypto, according to people familiar with the matter, as a way of allowing retail investors to gain access to volatile markets. → Read More
BI PRIME: Goldman is focusing on other projects such as a custody product for crypto, which would have the bank hold cryptocurrency on behalf of large fund clients. → Read More
BI PRIME: Coinbase, a cryptocurrency exchange, in recent weeks hit its target to double its staff in 2018. → Read More
BI Prime: Bitcoin bull Tom Lee tells Business Insider ether futures might be a bad thing for ether, but a good thing for bitcoin. → Read More
Wall Street is helping bitcoin become more stable, according to an exec at a crypto trading tech firm. → Read More
BI PRIME: Cboe, the exchange group behind the first market for bitcoin futures, is telling market makers that ether futures will soon be live. → Read More
BI PRIME: A $1.5 billion money manager is teaming up with a California crypto startup on a new kind of index for the crypto world. → Read More
BI PRIME: A bitcoin ETF would likely make it easier for mom-and-pop to tap into the market, which known for its volatility and market manipulation. John Hyland, a early leader of the exchange-traded fund industry, put the odds of a bitcoin ETF going live in 2018 at 20%. → Read More
BI PRIME: The new project, called Roar, is being spearheaded by Samik Chandarana, a 19-year veteran of the bank who was appointed last year to a newly created position to unleash machine learning and data solutions onto the corporate and investment bank. → Read More
JPMorgan is taking the plunge into the world of low-cost stock trading, according to a CNBC report. → Read More
BI PRIME: Fidelity, along with rivals TDAmeritrade and Charles Schwab, are bringing down their costs to fend off upstart firms such as Robinhood, which pioneered zero-commission stock trading. → Read More
BI PRIME: The Winkelvoss brothers' Gemini and three other exchanges have announced the creation of the Virtual Commodity Association Working Group, a body that could be a precursor to the formation of a self-regulatory organization for digital commodities like bitcoin and Ethereum. → Read More