Miami Stock Exchange Gains SEC Approval for Electronic Trading; One Trading Secures EU Crypto Derivatives Approval, CFTC Rule Approved

The Miami Stock Exchange has received approval from the U.S. Securities and Exchange Commission (SEC) to implement electronic trading, marking a significant step in modernizing trading practices. Concurrently, One Trading has secured regulatory approval from the Dutch regulator to offer crypto derivatives trading in Europe. This approval is seen as a landmark development for the European crypto market. Additionally, the Commodity Futures Trading Commission (CFTC) has approved a final rule that allows U.S. introducing brokers direct access to registered foreign boards of trade for customer order submissions. These developments suggest a potential increase in competition among exchanges, particularly with the proposed Texas Stock Exchange aiming to enhance regional trading dynamics.