FlexTrade

As Canadian capital markets continue to evolve, broker-dealers are navigating shifts in market structure, regulation and investor expectations while evaluating how emerging technologies and new trading models could reshape their businesses and the technology they need to adapt.

The SEC proposal to rescind Rule 611 in Reg NMS and related rules on locked-and-crossed markets is sparking debate on how fundamental changes to US equity market structure could impact the future of electronic trading. The proposal would dismantle Rule 611, known as the Order Protection Rule, or trade-through rule, which requires brokers to avoid trading at an inferior price on one exchange, if a better price exists on other exchanges.

The exchange-traded fund (ETF) industry has seen a boom in actively managed strategies. With $15.7 trillion in assets under management, buy-side issuers of ETFs are racing to stand out in a crowded field with more creative but complex strategies. Many of the recent launches gaining traction have been single-stock levered ETFs such as the SpaceX IPO, or thematic ETFs tied to the “AI build out” or memory chips.

NEW YORK, US, July 13, 2026 – FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, and Portx, an advanced portfolio construction and analytics provider, today announced the integration of Portx’s real-time portfolio construction, optimization, and risk analytics capabilities into FlexTrade’s integrated buy-side order and execution management system (OEMS), FlexONE.

New York, NY, June 30, 2026 – FlexTrade Systems, a global leader in multi-asset execution and order management systems, and EDX Markets (EDX), a leading digital asset technology firm that combines an institutional-only trading venue with a central clearinghouse, today announced the integration of EDX into FlexTrade’s crypto and digital assets trading solution, FlexDigitalAssets.

News June 25, 2026 | By: FlexTrade Insights In the latest Security Traders Association Open Call, Rajiv Kedia joins STA President & CEO Jim Toes to discuss the evolution of OMS and EMS platforms, multi-asset trading, 24-hour markets, AI, and the operational challenges facing sell-side firms.

Efforts to implement the revised rules on access fee caps and tick-size increments that drive US equity trading could face delays as the SEC considers more radical changes to Regulation NMS, according to market participants. With less than six months left until the November 2 compliance date for the amended tick-size and access-fee rules, attention has shifted to the Order Protection Rule (Rule 611), also known as the trade-through rule.

New figures from Coalition Greenwich suggest that electronic trading accounts for almost half of investment-grade volume and 32% of high-yield volume. With activity expected to grow further over the next few years, many desks are now evaluating EMS technology not only to handle increased order volumes flowing through the OMS, but also to support a greater share of execution moving from manual to electronic.

Last month’s STANY conference delved into issues and trends that are reshaping the future of capital markets, such as anticipated changes to Reg NMS, building the rails for digital assets, tokenization, and preparing the pipes for 24/5 trading. Here are three takeaways from the panels that could play out in 2026 and beyond.

News May 13, 2026 | By: FlexTrade Insights In this conversation, James Hammond, VP of Business Development, APAC at FlexTrade, joins Craig Semmens, MBA, CEO of PhillipCapital Australia, to discuss the evolution of the Australian business amid regulatory and structural change, the growing importance of aggregation and interoperability, and how PhillipCapital’s collaboration with FlexTrade – through the Mottai platform – could be a game changer for the business.