in the wake of public outcry and government examination, STA president Jim Toes exhorts the stock market to learn from the auto industry's recent woes and follow its example of how to recover after a crisis.
The Zurich-based bank is also among more than thirty defendants named in putative class action lawsuits alleging violations of U.S. securities laws related to high-frequency trading.
Credit Suisse CEO Brady Dougan said there has been a significant increase in inquiries on dark pools recently and the bank is cooperating with them.
Investment firms have looked to Twitter and other social media sites as another source of Big Data but none have really soared. Is Twitter ready to be your next data feed?
Commissioner Scott O'Malia of the Commodity Futures Trading Commission (CFTC) is on a mission. He says the process of writing new over-the-counter derivative contract rules needs more transparency. Over the past year he has repeatedly called for more roundtables and public comment on how rules are written. Why is this important? Because these rules, among other things, will determine which OTC derivative contracts must go through a clearing process and which ones can continue to use the old bilateral, dealer-to-dealer model.
FINRA's use of broker data to protect investors is under attack: Are they protecting investors or covering for bad brokers?
More change is coming to the equity trading markets of the Great White North.
It's all but official now - BATS Global Markets and Direct Edge Holdings will become a unified company.
Institutional investors welcome the equities market regulator's probe on broker-dealer order routing methodology.
Understanding the likely form of new rules-like Regulation SCI - is essential for traders and investment firms so they can prepare for their inevitable implementation.