News Archive

May 22, 2013

Fixed income market reform forces banks to adapt

Banks must adapt to changes in the fixed income market in order to gain a competitive advantage, according to research published by London-based consultancy GreySpark Partners today. read more>

May 22, 2013

Small investors at greater risk as institutions grow in Shenzhen

The Shenzhen Stock Exchange published a study on 15 May 2013 that analyses the behavioural change of investors in the Shenzhen market. It shows the continued heavy participation by retail investors, even as institutional investment accumulates more of the free-float. read more>

May 22, 2013

ASIC rule changes may shrink Australian dark pools

ASIC rule changes may shrink Australian dark pools

Changes to rules governing dark pools in Australia on 26 May may prompt a shift of equity market liquidity back onto lit trading venues, but mid-point crossing services are expected to thrive. read more>

May 22, 2013

Traiana OTC initiative does little for interoperability

An extension of post-trade matching service Traiana that sends OTC equity trades through central counterparties will cut bilateral equity trade settlement fees for brokers and banks, but is unlikely to spur greater interoperability in Europe. read more>

May 21, 2013

Mini crash fuels calls for market structure overhaul

Mini crash fuels calls for market structure overhaul

A 'mini flash crash' that wiped out the value of a US stock has again suggested US market structure distress, days after a roundtable saw captains of the finance industry agree that regulators should be careful not to interfere with a well-functioning system. read more>

May 21, 2013

Buy-side firms concerned over sales trader knowledge

Over half of asset managers do not agree that sales traders understand their business and how they generate alpha, according to research from US consultancy Woodbine Associates. read more>

May 21, 2013

Barclays sees value in dark pool reporting

Barclays has confirmed it will continue reporting monthly aggregate data from its US dark pool LX citing the industry benefits of greater transparency, a month after rival dark pool operator Credit Suisse ceased relaying similar data. read more>

May 20, 2013

Fox River expands into Japanese equities market

SunGard has announced that its algorithm provider, Fox River Execution Solutions, is set to expand its Asian coverage to offer use of its algorithms in the Japanese equity markets. read more>

May 20, 2013

SIFMA appoints new CEO and president

Sell-side trade body the Securities Industry and Financial Markets Association has appointed former US senator Judd A. Gregg as CEO and former US representative Kenneth E. Bentsen, Jr. as president. read more>

May 20, 2013

HKEx launches quartet of mainland futures

Hong Kong Exchanges and Clearing plans to introduce four new futures products that will broaden the choice for investors in mainland Chinese stocks. read more>