📰 Mid-Year Market Structure Update
🗓️ Jul 23 2026 04:34 UTC - Baird
By Jack Miller, Head of Global Execution Services, and Sean Buckley, Head of Electronic Execution Services, Baird
➤ The SEC plans to rescind NMS Rule 611 (Order Protection Rule), which could pave the way for on-chain trading of tokenized U.S. equities.
➤ New players are emerging in the ATS space, and venues are offering tailored liquidity solutions, while innovation is occurring in the 'layer of logic' above algo engines.
➤ The market is observing a rise in mega-IPOs, potentially shifting investor attention from private markets, alongside ongoing efforts to democratize private market investing.
#nmsrule611 #orderprotectionrule #tokenizedequities #ats #mosaicmerit #tailoredliquidity #machinelearning #megaipo #privatemarketinvesting #publicmarkets
🔗 Read more at: https://rwatimes.io/articles/tradersmagazine-mid-year-market-structure-update-998793602
RWATimes.io
npub13n…st9j0
2026-07-23 18:29:03 UTC
Author Public Key
npub13nzw3l59yt5pv2jvz74dr87l3c7fmeja7fdtv8ve7cceaz3krzjsxst9j0Published at
2026-07-23 18:29:03 UTCEvent JSON
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"content": "📰 Mid-Year Market Structure Update\n🗓️ Jul 23 2026 04:34 UTC - Baird\n\nBy Jack Miller, Head of Global Execution Services, and Sean Buckley, Head of Electronic Execution Services, Baird\n\n➤ The SEC plans to rescind NMS Rule 611 (Order Protection Rule), which could pave the way for on-chain trading of tokenized U.S. equities.\n➤ New players are emerging in the ATS space, and venues are offering tailored liquidity solutions, while innovation is occurring in the 'layer of logic' above algo engines.\n➤ The market is observing a rise in mega-IPOs, potentially shifting investor attention from private markets, alongside ongoing efforts to democratize private market investing.\n\n#nmsrule611 #orderprotectionrule #tokenizedequities #ats #mosaicmerit #tailoredliquidity #machinelearning #megaipo #privatemarketinvesting #publicmarkets\n\n🔗 Read more at: https://rwatimes.io/articles/tradersmagazine-mid-year-market-structure-update-998793602",
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