Trading

BlackRock seeks overhaul of corporate bond trading market

BlackRock seeks overhaul of corporate bond trading market

BlackRock has called for an overhaul of the U.S. corporate bond trading market, saying the current system is “broken” and hurts those that borrow through the market.

September 23, 2014 | 02:41 pm
Arbageddon: One day, three deals, all spreads

Arbageddon: One day, three deals, all spreads

On Aug. 6, the first broad-based merger spread widening occurred since the fall of 2011. The breakup of three announced deals that day widened spreads and provided a unique entry point to capture...

September 23, 2014 | 10:00 am

FINRA puts out proposals to improve transparency of dark pools’ trading systems

FINRA’s board on Friday made several proposals to improve transparency in alternative trading systems in dark pools, both for the equity and fixed-income markets.

September 19, 2014 | 03:56 pm
SEC settles with BlackRock, others over trading infractions

SEC settles with BlackRock, others over trading infractions

BlackRock Institutional Trust and RA Capital Management were among 19 firms and an individual trader that settled with the SEC over charges they illegally participated in stock offerings less than...

September 16, 2014 | 01:34 pm
SEC rule could push trading costs higher

SEC rule could push trading costs higher

The Securities and Exchange Commission's latest salvo in the war against market instability could mean higher trading fees for money managers and some smaller equity trading venues curtailing...

September 15, 2014
Canadian provinces agree to uniform capital markets regulations

Canadian provinces agree to uniform capital markets regulations

An agreement on forming a cooperative capital markets regulatory system was announced this week by Canadian Finance Minister Joe Oliver and ministers of four Canadian provinces.

September 11, 2014 | 02:11 pm
CFTC eases restrictions on hedge fund advertising

CFTC eases restrictions on hedge fund advertising

The Commodity Futures Trading Commission softened restrictions on advertising by hedge fund managers that are registered as commodity pool operators.

September 10, 2014 | 02:58 pm
CFTC says it has evidence of price-rigging on ISDAfix benchmark

CFTC says it has evidence of price-rigging on ISDAfix benchmark

Derivatives regulators told the Justice Department they've found evidence of criminal behavior following an investigation into banks' alleged manipulation of ISDAfix, a benchmark used to set rates...

September 08, 2014 | 05:34 pm
Alaska pension fund alleges 13 banks colluded on derivatives benchmark

Alaska pension fund alleges 13 banks colluded on derivatives benchmark

Alaska Electrical Pension Fund, Anchorage, filed a lawsuit Thursday charging that 13 banks conspired to fix the ISDAfix benchmark rate, a “key interest rate for a broad range of interest rate...

September 05, 2014 | 01:44 pm

ITG plans to start dark pool for bonds under Posit brand

Investment Technology Group, operator of one of the oldest U.S. equity dark pools, is expanding into corporate bonds.

September 04, 2014 | 02:19 pm
Dark-pool operator IEX Group raises $75 million round of funding

Dark-pool operator IEX Group raises $75 million round of funding

IEX Group has completed a $75 million round of funding led by boutique venture capital firm Spark Capital.

September 03, 2014 | 12:56 pm
Questions over dark pools prompt changes in best execution

Questions over dark pools prompt changes in best execution

Recent investigations into dark pools and high-frequency trading are causing institutional investors to reconsider just what constitutes best execution — and how to measure it. And the pressure ...

September 01, 2014
Survey finds money managers not meeting compliance best practices

Survey finds money managers not meeting compliance best practices

Money managers and other financial service firms are not putting their money where their mouths are when it comes to compliance, a new survey finds.

September 01, 2014
SEC announces pilot program to expand tick sizes for small-cap trades

SEC announces pilot program to expand tick sizes for small-cap trades

The SEC on Tuesday announced a one-year pilot program to widen minimum tick sizes for small-cap stocks.

August 26, 2014 | 05:46 pm

CFTC appoints new secretary

Christopher J. Kirkpatrick was named secretary of the Commodity Futures Trading Commission.

August 25, 2014 | 02:14 pm