Trading

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

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