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Start-up trading venue aims to profit from SEC’s market shake-up

Equity market reforms affecting payment for order flow may encourage more venues like Blox Markets to challenge incumbents

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A start-up trading venue hopes to capitalise on weakening ties between retail brokers and non-bank market-makers, providing an early hint of how the SEC’s overhaul of US equity markets may disrupt existing practices.

Blox Markets aims to exploit regulatory proposals that threaten to upend bilateral links between retail brokerages like Robinhood or Charles Schwab and wholesale market-makers such as

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