The results of January’s theTRADEnews.com poll show the buy-side has much to consider in 2012, although the importance placed on technology upgrades has surprised many, given tighter budgetary constraints.
The European Securities and Markets Authority, the region’s securities watchdog, is consulting the market on new guidelines for exchange-traded funds that extend beyond its initial discussion paper to include a wider range of UCITS instruments.
After a successful launch in Switzerland and filing strong performances figures in a year marked by low volumes, block trading venue Liquidnet is set to sign up another three exchanges to its institutional dark pool.
There is an optimal tick size, and regulators should enforce it. That is the conclusion of a report by broker CA Cheuvreux, 'Navigating Liquidity 6 – a global menu for optimal trading'.
Aritas Securities, the US-based block trading venue formerly known as Pipeline Trading Systems, is now re-engaging with those customers that did not abandon the firm following the regulatory scandal it faced in October last year.
Canadian alternative trading system and dark pool operator Alpha Group has set a date for its debut as a full exchange, marking the venue’s transition from start-up rival to full competitor with incumbent exchange group TMX.
HM Treasury has given itself new powers over the Bank of England in the event of a financial crisis and fleshed out the government’s plans to dismantle the Financial Services Authority (FSA) in favour of distributing regulatory responsibility across a trio of newly-created watchdogs.
The Investment Management Association has asked the European Parliament to reconsider how inside information is defined under the Market Abuse Directive, suggesting an approach closer to that used in the UK.