Disclosure is the rage in financial markets regulation and the latest set of proposals relate to order handling rules.
October 28, 2016 – Nearly half of hedge funds said they would evaluate being market makers in certain securities as banks pull back from some markets, according to a new survey from State Street.
October 27, 2016 – Traders Magazine presents a gallery of images from the recent 23rd Annual Canadian Security Traders Conference held at the Fairmont Chateau Whistler August 18 through the 21st.
October 27, 2016 – Market participants across the institutional buy side and sell side are pulling forward their analysis of trading, risk and compliance, to appease ever-more-demanding regulators and clients and to keep up with the competition. In other words, first thing in the morning is no longer good enough as an analytics delivery timeframe.
October 26, 2016 – Bloomberg Tradebook, an agency-focused execution broker, is holding its 5th annual Global Charity Day on Thursday, October 27th. The brokerage will raise money for charitable organizations across New York, London and Hong Kong.
October 26, 2016 – The US Commodity Futures Trading Commission is contemplating a few changes to the regulators controversial Regulation AT, according to CFTC Chair Timothy Massad and who spoke Monday at a conference hosted by the New York Federal Reserve Bank in lower Manhattan.
October 26, 2016 – Artificial intelligence programs have beaten chess masters and TV quiz show champions. Next up: stock market cheats.
October 25, 2016 – Disclosure is the rage in financial markets regulation and the latest set of proposals relate to order handling rules.
October 25, 2016 – Agency-based broker Convergex announced that it has entered into an agreement granting it an exclusive license to The OptionEyes, a front-end technology platform that helps active traders manage and trade positions in an options or equity portfolio.
Highlights from the Current Issue
Once a plain-vanilla add-on to an exchange offering, market data has evolved into a key battleground between market participants, i.e. the consumers of market data, and market operators, the producers of market data.
Some major trends in the options market have been the same for a number of years. Flat volumes. Marketplace fragmentation. A bifurcation of liquidity. But at least one noteworthy development is of a more recent vintage: auctions.
When Regulation National Market System was established in 2005, George W. Bush was five months into his second term as U.S. President. A lot has changed in 11 years, both in the world at large and in financial markets. So it stands to reason that Reg NMS, the sweeping ruleset that was aimed at modernizing and strengthening equity market structure, has passed its best by date.
In a complex electronic equity marketplace with myriad points of contention, maker-taker stands out as especially complex and contentious. But many wonder, is it time for this pricing schema to go the way of the Edsel?
If it ain't broke, don't fix it. That's the view of many trading professionals regarding the upcoming U.S. presidential election, with "it" referring to the economy and markets.
High-frequency trading has served as sort of a catch-all, market bogeyman phrase for about the past half-dozen years, or about as long as the methodology has been in the awareness of the general public. But now perhaps that perception is finally changing.
In this contributed piece from Andrew Upward of Weeden & Co., the broker analyzes how regulator have gone on record with some new thoughts about how best execution should be pursued in light of new technologies and practices.
North American equity exchanges face swirling winds: rapidly advancing technology, evolving market structure, and the arrival of a splashy new competitor.
So-called dark pools are getting less dark. Well, sort of.
For market participants and operators standing on a shore, the Consolidated Audit Trail is like a distant ship on the horizon. It's moving very slowly - so slow that sometimes movement is imperceptible. And it has been out there on the water for what seems like a very long time. But as hard as it may be to envision, one of these days, the ship will dock, and all its details will be known.
With a half-dozen meetings under its belt, its fair to say the 20-month-old Equity Market Structure Advisory Committee has moved beyond the brand-new stage and is doing what it was established to do act as a consigliere to the U.S. Securities and Exchange Commission on all things pertaining to equity market structure.