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.
December 05, 2014 | 01:21 pm
Citigroup will close its private stock trading venue next month.
December 02, 2014 | 04:07 pm
strong>Eric Litvack was named chairman of the International Swaps and Derivatives Association, effective Jan. 1.
December 01, 2014 | 12:13 pm
The possibility of European regulations banning the use of soft dollars for third-party research is alive and well, despite talk in the U.K. and Europe that regulators would settle for something that ...
November 24, 2014
Welcome to “intended” consequences.
November 24, 2014
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
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
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
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
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
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
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
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
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...