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FairX Announces New Futures Exchange for Retail Investors

FairX Announces New Futures Exchange for Retail Investors CHICAGO, May 26, 2021 /PRNewswire/ In alignment with many of the largest online brokerage firms, clearing firms and liquidity providers, FairX today announced plans to launch a new CFTC-regulated futures exchange to offer smaller, simpler, more accessible futures for active individual investors. A wide range of firms have committed to offering FairX products at launch, including TD Ameritrade, E Trade Financial, ABN AMRO Clearing Chicago LLC, ADM Investor Services, Advantage Futures, Dorman Trading, StoneX, Wedbush, Virtu Financial and XTX Markets. Nodal Clear, part of EEX Group, which is in turn part of Deutsche Börse Group, will provide clearing services to FairX.

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FairX Announces New Futures Exchange For Retail Investors

FairX Announces New Futures Exchange For Retail Investors
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Morgan Stanley Taps 4 White Men As Candidates To Succeed James Gorman As CEO

by Tyler Durden Thursday, May 20, 2021 - 01:52 PM In a move apparently engineered to preempt shareholder concerns in the wake of JPM s succession-planning-oriented shakeup (CEO Jamie Dimon has said he won t retire for at least another five years, though he had a heart attack during the COVID crisis last March), Morgan Stanley is planing a similar move as CEO James Gorman positions two key lieutenants as possible successors. Ted Pick, Daniel Simkowitz, Andy Saperstein and Jon Pruzan Bloomberg reports that Ted Pick, billed as the architect of Morgan Stanley s trading revival, and Andy Saperstein (who has helped grow the firm s wealth management business) have been tapped as co-presidents and given expanded roles atop Morgan Stanley, in a changeup that mirrors the co-president structure that s common on Wall Street.

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Morgan Stanley CEO shakes up leadership with eye on successor

Melbourne-born James Gorman has positioned a small group of lieutenants and two in particular as his most likely successors.

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Thanks to Fintech — the World of Moving Money to Mobile Wallets is Rapidly Growing:

Thanks to Fintech — the World of Moving Money to Mobile Wallets is Rapidly Growing:
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