In a conversation with Traders Magazine, Colt Technology Services' Julie Hutchinson discussed the widespread ramifications of MiFID II on European securities trading. She also said that while only a Euro-centric regulation, US firms should take heed and prepare - soon.
More News - Brokerage
Plato Partnership,a not-for-profit company, announced its intention to enter into a cooperation agreement with LiquidMetrix, to research, design and implement a stronger methodology for assessing block trade performance.
POSIT Alert clients who choose to enable this new unctionality will have the option to interact with sell-side conditional orders, providing the opportunity to execute in the POSIT MTF against block liquidity from participating institutional brokers.
In this week's On The Move, there are more changes at BTIG as the firm hired a quartet of traders for its fixed income desk. Also, more happenings at KCG, JP Morgan and Virtu while Dash Financial lands a new CFO.
The introduction of near real-time trade reporting set to be extended beyond equity markets as part of MiFID II will broaden the visibility of trading activity in listed and OTC instruments. But guest columnist Richard Bentley shares exclusively with Traders Magazine just how can market participants bolster post-trade capabilities and prepare for the 2018 deadline?
A new Republican proposal to overhaul the Dodd-Frank Act would severely limit the SEC's ability to gain unrestricted access to trading system's software and codes.
MiFID II's research unbundling requirement has left the sell side scratching its head in how to price its research for its buy-side clients.
In this week's On The Move, multiple moves on the sell-side dominate the week with several senior level trading executives finding new homes. There were also a few moves on the buy-side and at the OCC.
Virtu Financial has decided not to up its bid for KCG. So, just what's next?
Nomura Research Institute, Ltd.(NRI) announced NRIs Prime Settlement Service (PSS), Japans first utility service for investment banks, will incorporate Robotic Process Automation (RPA) to automate manual processes for post-trade operations.
In a sit down interview with Traders Magazine, Drexel Hamilton's CEO James Cahill said that helping veterans not just with charity but with a real tangible job is societys moral imperative that yields astounding results.
In this week's On The Move, there are multiple moves at Citadel as well as at ITG and KeyBanc too. Also, EBS hired a new FX professional and Nomura landed a head of wholesale and global markets.
In this contributed article, FlexTrade's Ivy Schmerken reviews the merits of corporate bond trading platforms in the electronic age.
A potential US rule change which could allow equities as an acceptable form of collateral is being considered by the SEC, market participants heard this week, although the outcome could be affected by personnel changes at the securities regulator.
Margin requirements for non-cleared derivatives have boosted clearing.
In this week's On The Move, there were several moves around the sell-side as well as new board members at the Options Clearing Corp.