Trading
Regulators designate CME, ICE clearinghouses as systemically important
Derivatives clearinghouses owned by CME Group and Intercontinental Exchange have been designated systemically important by U.S. regulators, a step that moves them closer to heightened supervision.
May 23, 2012 | 03:19 pm
J.P. Morgan hires former SEC enforcement chief to respond to investigations
William McLucas, former SEC enforcement chief, was hired by J.P. Morgan Chase to help respond to regulatory probes of the firm’s $2 billion trading loss.
May 22, 2012 | 05:17 pm
J.P. Morgan trading loss hurt its retirement plans, lawsuit claims
J.P. Morgan Chase was sued by a former employee seeking to represent participants in the bank’s retirement plans who lost money on company stock the plan held after the bank reported a $2...
May 22, 2012 | 02:09 pm
Clients note J.P. Morgan trading loss, take wait-and-see approach
Pension fund executives are examining their investments with J.P. Morgan Asset Management but taking a wait-and-see approach following news from parent company J.P. Morgan Chase of a $2 billion...
May 11, 2012 | 04:15 pm
Goldman Sachs said to prepare trading system for corporate bonds
Goldman Sachs Group will start an electronic trading system for corporate bonds this month, according to a person familiar with the plans.
May 04, 2012 | 11:19 am
Collar strategies snare better performance with less risk, say authors
Options-based collar strategies would have outperformed the market in most asset classes while providing drastically reduced risk leading up to the financial crisis and the subsequent recovery,...
May 03, 2012 | 06:04 pm
Carlyle may price IPO below range
Carlyle Group is out to replicate the performance of companies it has taken public with its own share sale this week. Doing so would make it the only U.S. buyout firm trading above its initial...
May 02, 2012 | 10:35 am
ICI sues CFTC on behalf of the mutual fund industry
ICI up in arms over amendment to rule that exempted mutual funds from having to register with the CFTC as commodity pool operators.
April 18, 2012 | 09:28 am
BATS IPO failure not all bad
BATS Global Markets' failed IPO might have been a disaster for executives of the company and its owners who wanted to recoup some of their investment, but it likely will be a blessing to...
April 16, 2012
Defining transparency in transition management
Transparency is a central topic of the transition management industry. As such, transition providers go to great lengths to prove and differentiate their transparency in comparison to other providers.
April 04, 2012 | 09:21 am
Canadian pension-banking group extends TMX Group takeover offer
A group of Canadian banks and pension funds extended their C$3.73 billion ($3.74 billion) offer for TMX Group until April 30, the sixth delay as it pursues regulatory approvals for its plan to buy...
March 30, 2012 | 12:25 pm
BATS exchanges’ market share slips in trading day following botched IPO
BATS Global Markets’ share of U.S. equity trading slipped below its one-month average Monday after the exchange operator’s failed initial public offering.
March 26, 2012 | 03:18 pm
BATS withdraws IPO after bad Apple trade, quote glitch
BATS Global Markets canceled its IPO Friday, stunning Wall Street after errors on its own computer systems kept the stock from trading.
March 23, 2012 | 03:26 pm
BlackRock Institutional Trust pays $250,000 penalty on trading charge
BlackRock Institutional Trust will pay a $250,000 penalty to the CFTC to settle charges of pre-arranged trading and fictitious sales by an employee in 2010.
March 08, 2012 | 03:53 pm
More stringent reporting sought following MF Global losses
The futures industry is recommending more rigorous reporting and internal controls for brokerages, as $1.6 billion of customer money is still unaccounted for after the bankruptcy of MF Global...