Trading

Florida SBA nears decisions on brokerage, collateral management searches

Florida State Board of Administration, Tallahassee, is considering five firms in its search for prime brokerage services: Citigroup, Deutsche Bank, New Edge, Bank of America Merrill Lynch and Bank of ...

October 20, 2014 | 01:19 pm
Wells Fargo pulls plug on dark pool

Wells Fargo pulls plug on dark pool

Wells Fargo closed its Liquidity Crosser dark-pool trading venue on Oct. 17.

October 20, 2014 | 12:41 pm

SEC settles with Athena Capital on first high-frequency trading manipulation case

Athena Capital Research agreed to pay $1 million to settle charges by the SEC that the high-frequency trading firm made aggressive, rapid-fire trades in the final two seconds of almost every trading...

October 16, 2014 | 04:06 pm

Market share increasing for largest FX dealers — report

The five largest foreign-exchange dealers by market share handled more than half of all FX trades in 2013, and more volume will head to those dealers in the future, said a Greenwich Associates report ...

October 16, 2014 | 02:06 pm
Better liquidity hoped for from electronic venues

Better liquidity hoped for from electronic venues

Creators of electronic trading venues for fixed-income securities are hoping that, by matching buyers and sellers, more choices in trading will result in more liquidity in the secondary market.

October 13, 2014

ISDA introduces rules to delay swaps termination rights

Swaps termination rights and collateral demands will be delayed under rules introduced by the International Swaps and Derivatives Association and agreed to Oct. 11 by 18 major banks.

October 13, 2014 | 11:48 am
BNY Mellon to shutter European derivatives clearing business

BNY Mellon to shutter European derivatives clearing business

Bank of New York Mellon plans to close its European derivatives clearing business because the implementation of European clearing rules has stalled.

October 09, 2014 | 01:33 pm

Managed funds group calls for market reforms

Managed Funds Association is calling on federal regulators to consider further structural reforms in equity markets.

October 01, 2014 | 04:10 pm

BNY Mellon shutters derivatives sales and trading business

Bank of New York Mellon is closing its derivatives sales and trading business, based in New York.

October 01, 2014 | 12:26 pm
Trading Costs Are Very Real - Perspectives for Global Equity Investors

Trading Costs Are Very Real - Perspectives for Global Equity Investors

The performance of a portfolio reflects the manager's investment process and their ability to control trading costs. This paper discusses some of the measurement tools and best practices used to help ...

October 01, 2014 | 12:01 am

TMX names new CEO

Lou Eccleston was named CEO of TMX Group, operator of the Toronto and Montreal stock exchanges among other Canadian equity, fixed-income and energy trading venues.

September 30, 2014 | 02:46 pm
Tick-size pilot program could help small caps

Tick-size pilot program could help small caps

The SEC's proposed tick-size pilot program targeting small-cap stocks should lead to improved access to capital for small companies, sources say, but whether that translates to higher returns for...

September 29, 2014

Qantas Super, Parametric relationship was serendipitous

Qantas Super’s selection of Parametric Australasia as a “centralized portfolio manager” to consolidate trading of the superannuation fund’s A$3 billion (US$2.6 billion) equity ...

September 29, 2014
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