Trading & Execution Archive

April 17, 2014

Corporate bond market evolution to improve liquidity - IOSCO

Corporate bond markets are beginning to adapt to the post-crisis world, which will result in returning liquidity, according to research by the International Organization of Securities Commissions. read more>

April 16, 2014

S3 targets buy-side with execution quality offering

Technology vendor S3 has launched a new suite targeting the buy-side’s growing need to statistically break down the quality of orders by venue and broker. read more>

April 16, 2014

Auctions spring into action as MiFID blocks dark pools

Auctions spring into action as MiFID blocks dark pools

The buy-side has welcomed London Stock Exchange plans to introduce an intra-day auction, but brokers warn algorithms and smart order routers will need time to adapt. read more>

April 16, 2014

MiFID enters level two following Parliament approval

The European Parliament passed updated rules for the Markets in Financial Instruments Directive, dubbed MiFID II, last night. read more>

April 15, 2014

Standards vital to improving role of TCA

The second afternoon of TradeTech Europe 2014 devoted a whole stream to transaction cost analysis, and in particular, the buy-side perspective. All speakers made clear that traders want to use TCA to improve trading performance. read more>

April 14, 2014

Fixed income transparency “dangerous” - IMA

Efforts to introduce pre-trade price transparency in the fixed income market could have dangerous repercussions, according UK buy-side body the Investment Management Association (IMA). read more>

April 14, 2014

Tick size effects on IPOs unknown

New equity listings can provide much sought after alpha and boost the wider economy, but regulators and politicians must be careful when crafting policy to encourage IPOs, such as tailored tick size regimes. read more>

April 11, 2014

IMA to represent insurers’ investment interests

UK buy-side industry body the Investment Management Association is set to merge with the investment activities of the Association of British Insurers. read more>

April 10, 2014

Nearly all non-cleared derivatives trades collateralised - ISDA

An International Swaps and Derivatives Association survey has found 90% of non-cleared OTC derivatives trades were subject to collateral agreements at the end of 2013, though collateral availability is decreasing. read more>

April 10, 2014

Half of mid-tier hedge funds without compliance officer

One in two US hedge funds managing between US$1-5 billion does not have a full time compliance officer and only 20% have a dedicated risk manager, increasing trading-related risks to other market participants, new research has shown. read more>