In this contributed article, guest commentator Patrick Flannery discusses how for the broker-dealers, the Consolidated Audit Trail (CAT) may seem to be another weighty technical challenge, whose cost and implementation challenges will fall disproportionately on their shoulders (and their budgets).
July 29, 2016 – CME Group, the US derivatives exchange, has launched an online tool to allow investors to compare the costs of futures against exchange-traded funds, as some ETF issuers have claimed the funds are now cheaper to use.
July 29, 2016 – The $7 billion asset manager has a new way to oversee data, trade orders, portfolio accounting, compliance and revenue management.
July 29, 2016 – If trading is a business of microseconds and latency-focused software, then buy-side traders are going to get closer to the mark when executing fixed-income futures orders.
July 28, 2016 – Former chairs of the Securities and Exchange Commission say that Congresss delays in approving full-year spending year after year have hurt the agencys ability to hire top talent.
July 28, 2016 – The transaction, which is subject to customary regulatory and other approvals, is expected to close later this year.
July 28, 2016 – IEX, the newest U.S. equity exchange, has set up its own regulatory framework and hired staff to oversee market quality efforts.
July 27, 2016 – Guest commentator Ivy Schmerken writes that in a global, interconnected market, Brexit reminds firms that IT systems must be prepared for shocks to the financial system.
July 27, 2016 – In this contributed article, guest commentator Patrick Flannery discusses how for the broker-dealers, the Consolidated Audit Trail (CAT) may seem to be another weighty technical challenge, whose cost and implementation challenges will fall disproportionately on their shoulders (and their budgets).
Highlights from the Current Issue
Our editors look at the news stories and trends from last year that will have the biggest impact in the coming 12 months. It was a year of eye-popping fines, slipping trading volumes, and new technologies for Bitcoin and more. 2016 will be quite a year.
Bond trader Zachary Chavis of Sage Advisory is trading more with fellow buyside traders than with the traditional broker-dealer counterparties. The reason: deeper liquidity and tighter control.
Like a runaway freight train, blockchain technology is coming to the financial markets, including equities, as soon as early next year.
The U.S. equity markets self-regulatory organizations have created a short list of three finalist firms who will build the much anticipated stock market consolidated audit trail.
The fifth annual Traders awards celebrate the achievements of women in the US capital markets and the stellar work they do as mentors & leaders.
In an exclusive interview with Traders, Overstock.com chief executive officer Patrick Byrne told Traders that the Securities and Exchange Commission has declared Overstocks registration statement covering the issuance of digital securities effective.