Trading

SEC to require backup operational plans for large-volume trading venues

SEC to require backup operational plans for large-volume trading venues

The SEC on Wednesday approved requiring large-volume equity exchanges, alternative trading systems and dark pools to submit to the agency backup operational plans in case those venues' technological...

November 19, 2014 | 02:38 pm
18 banks sign ISDA rules to delay swaps termination rights

18 banks sign ISDA rules to delay swaps termination rights

New rules that will delay swaps termination rights and collateral demands were signed by 18 major banks, the International Swaps and Derivatives Association announced Wednesday.

November 13, 2014 | 01:54 pm
Critics strike back at tick-size pilot program

Critics strike back at tick-size pilot program

The inclusion of a trade-at provision in the SEC's proposed small-cap tick-size pilot program is proving controversial, with debate centering on whether it unfairly targets dark pools and makes the...

November 10, 2014
High-frequency trading:  Considerations and risks for pension funds

High-frequency trading: Considerations and risks for pension funds

Potential negative effects of the subset of automated algorithm-based trading known as high-frequency trading have recently generated significant attention, including congressional hearings,...

November 07, 2014 | 10:18 am

CFTC collects $3.27 billion in sanctions in fiscal 2014

The Commodities Futures Trading Commission collected a total of $3.27 billion in monetary sanctions from enforcement actions in the 12 months ended Sept. 30, the CFTC’s fiscal year.

November 06, 2014 | 03:56 pm
SEC releases tick size pilot program plan for comment

SEC releases tick size pilot program plan for comment

The SEC late Monday released for public comment its plan to do a one-year pilot program to widen minimum tick sizes for small-cap stocks.

November 04, 2014 | 12:06 pm
Justice Department targets J.P. Morgan Chase forex business in criminal probe

Justice Department targets J.P. Morgan Chase forex business in criminal probe

J.P. Morgan Chase & Co.'s foreign exchange trading business is the target of a criminal probe by the U.S. Department of Justice, said a company filing with the SEC Monday.

November 04, 2014 | 09:26 am
Pact raises caution flag on swaps

Pact raises caution flag on swaps

Asset owners that use swaps could ultimately face losses and added risk as a result of an agreement among 18 major global banks.

October 27, 2014

ETP traders not responding to exchange overtures

All too often, exchange-traded products are described as mutual funds that trade like stocks. A closer look reveals that not to be the case. To the surprise of many, ETP traders are comfortable in...

October 27, 2014

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