Tagged: virtu

October 18, 2026 @ 2:02 am By Omar Faridi  |  

Ripple has expanded its institutional prime brokerage offering by enabling clients to trade real-world asset (RWA) perpetual swaps that track traditional financial instruments. Announced on October 15, 2026, the initiative through Ripple Prime gives professional traders continuous access to more than one hundred reference markets… Read More

September 12, 2023 @ 6:44 pm By JD Alois  |  

Virtu, one of the most active firms in the payment for order flow sector, has been hit with an enforcement by the Securities and Exchange Commission (SEC). According to the SEC’s allegations, Virtu allowed access to material, nonpublic information (MNPI) which could have been used… Read More

October 28, 2021 @ 3:39 pm By JD Alois  |  

Senator Pat Toomey, the ranking member on the Senate Banking Committee, has introduced legislation designed to protect payment for order flow – the legal practice where firms pay to process trades collected by broker-dealers. The practice has garnered scrutiny due to its utilization by Robinhood,… Read More

September 15, 2021 @ 11:06 am By JD Alois  |  

SEC Chairman Gary Gensler marched up to Capitol Hill yesterday to testify in front of the Senate Banking Committee in a hearing entitled “Oversight of the U.S. Securities and Exchange Commission”.  Gensler outlined his ambitions at the SEC in his prepared remarks. While Gensler received… Read More