Modern Markets Initiative shared with Traders the comings and goings at a recent meeting they had recently conducted with some of its member firms and the staff of a prominent national opinion leader. MMI said that it was surprised at how much basic misinformation about HFT persists and shared the conversation right here.
The Chinese are taking swift and drastic actions to combat its equity market problems of late. Are these actions good for the market or are they a bad idea?
- The actions are a good idea
- They are a bad idea
Michael Lewis may have spelled out the supposed menace of high-frequency trading in his bestseller Flash Boys. What he didnt do is provide a basis for investors to sue stock exchanges or banks.
Asian stocks rose, with Japanese shares rebounding from the biggest two-day plunge since 2011, as investors awaited the opening of mainland Chinese markets following Tuesdays cut in interest rates.
IEX, the buyside-sponsored trading alternative trading venue, has filed a comment letter with the Securities and Exchange Commission against recent proposed changes to the way prices and transaction sizes are reported to the Consolidated Tape Association.
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.