Guest commentator David Weisberger examines the validity of the latest iteration of the speed bump as put forth by CHX and wonders if it is a step backwards.
Are you reducing your research commission spend based on MiFID II requirements?
- My spend is unchanged
- MiFID II had nothing to do with spend changes
In our weekly recap and outlook, the markets experienced a change in sentiment which could be a prelude to fast approaching month-end trading patterns.
In a blog shared with Traders Magazine, Global Liquidity Partners CEO Tim Lang shares his thoughts on the toxicity levels of U.S. dark pools.
Research aggregators have offered the buy side access to research via a platform with transparent pricing, usage analytics, and budgeting tools. Celent explores key drivers of the success of these platforms - such as pricing strategies.
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.
Fresh-faced yet experienced graduates are entering investment firms in strong numbers. Traders looks at this crop of bright young things and the new skills and placing new demands on the buyside.
Some unintended consequences from the credit crisis of 2008 and the regulations that followed have come to light. Also, buyside firms are gathering their traders to rate the research and execution services from the sellside in relentlessly thorough scoring sessions.
High-frequency traders and supporters claim that HFT is helpful to the equity market. The data presents a starkly different story.
Once the fight for new regulations settled down, an unintended victor has emerged: the data and data systems used by today's traders.
Over the past year, the liquidity in emerging currencies grew in fits and starts quarter to quarter. Traders asked FX veterans for their outlook on the next 12 months.