Chris Concannon will be taking the reins at BATS Global Markets Inc. with an eye toward expanding the firm's trading in foreign-exchange forward contracts and possibly in precious metals.
February 24, 2015 | 05:22 pm
The development of buy side-owned equity trading venues has attracted interest from long-term investors.
February 23, 2015
To U.S. dark-pool operators, the development of an exclusive managers-only trading venue, Luminex Trading & Analytics LLC, is a splash of cold water on the face of an industry that some managers...
February 23, 2015 | 12:01 am
Pension funds in Europe should be granted a further two-year exemption from compliance with new central clearing rules for over-the-counter derivative transactions, said a report from the European...
February 04, 2015 | 02:42 pm
Manit Rye was named managing director and head of hedged index strategies at Clearbrook Global Advisors.
January 29, 2015 | 11:55 am
A group of nine fund managers has teamed up to start a dark pool dedicated to large stock trades that will open later this year.
January 20, 2015 | 03:48 pm
Most swaps trades will have to be reported to the public under rules approved by the SEC on Wednesday.
January 14, 2015 | 01:35 pm
Two Direct Edge exchanges now owned by BATS Global Markets will pay $14 million to settle charges of improperly describing stock orders, the SEC announced Monday.
January 12, 2015 | 01:40 pm
BATS Global Markets on Tuesday proposed that equity exchanges implement tiered market-access fees that would cut those fees for the 200 most actively traded U.S. stocks by 80%.
January 06, 2015 | 05:37 pm
J.P. Morgan Chase & Co. agreed to settle a lawsuit over its role as one of a number of banks that allegedly rigged prices in the $5 trillion-a-day foreign-exchange market.
January 05, 2015 | 03:36 pm
Rahul Seksaria, a PIMCO portfolio manager running inflation-protection strategies, was dismissed after CME Group fined him for improper trades.
December 30, 2014 | 04:38 pm
The European Securities and Markets Authority is demanding greater transparency and disclosure in the way money managers use client commissions to pay for research from brokers.
December 22, 2014 | 11:36 am
Last month's $4.4 billion in fines against six major banks over foreign exchange price manipulation has spurred FX trading along the same path as trading in equities and fixed income: more...
December 22, 2014
Goldman Sachs remains the top pick for hedge funds and investment firms as their main prime broker, with 27% of respondents, followed by Morgan Stanley (17%) and J.P. Morgan (8%). The data are from...
December 08, 2014 | 03:11 pm
State Street Global Markets will close its U.S. derivatives clearing business early next year and has halted plans to launch a similar business in Europe.