Market Structure

Chicago – October 14, 2026 -- Bruce ATS has raised its share of reported overnight U.S. equities notional across the three leading alternative trading systems from 9.7% in Q1 2026 to over 20% in Q4 to date, and compliance and trade analytics provider S3 has now connected to its market data feed.

Bruce Markets, which operates the overnight venue, said the integration gives S3 clients a more comprehensive view of overnight U.S. equity prices and liquidity. Bruce Markets also said the feed helps clients prepare for potential regulatory expectations around off-hours trading.

Bruce ATS volume grew 144% in Q2 2026, outpacing the overnight market

According to the Bruce Q2 Overnight Market Review, activity across the three leading overnight ATSs reached 11.14 billion shares and $391.2 billion in notional value in Q2 2026. That was up 34% and 59% from Q1, respectively.

Chicago – September 30, 2026 -- Bruce Markets LLC, an SEC-registered broker-dealer and operator of Bruce ATSTM, has secured new strategic investment from PEAK6 Investments and Robinhood Markets to extend U.S. equity trading into a continuous weekend session, pending regulatory review.

The move would create the first round-the-clock U.S. equity trading ecosystem for global investors, layering a weekend session onto Bruce ATS's existing overnight window, which currently runs from 8:00 PM to 4:00 AM ET.

PEAK6 remains majority shareholder as Robinhood joins as new investor

PEAK6 Investments continues as Bruce Markets' majority shareholder, with Robinhood Markets entering as a new strategic backer. Existing investors Apex Fintech Solutions, Fidelity Investments, Nasdaq Ventures, NH Investment & Securities, tastytrade and Webull retain their positions.

Dubai – September 20, 2026 -- Crypto derivatives trading is undergoing a structural shift toward options, with notional open interest in options rising from roughly 25% to nearly 50% of the crypto-native Bitcoin derivatives market, according to a new report from digital assets data provider Glassnode, produced in partnership with Bybit.

Options gain share across four of five market regimes since 2019

The State of Crypto Derivatives report found options growth was fastest during the prolonged bear market, indicating the trend is not simply a function of rising prices or speculative activity. Dated futures volume has fallen roughly 97% below 2021 levels, while options volume now runs more than three times higher than it did in 2021, as leverage moved into perpetual contracts and risk pricing moved into options.