News

UBS to launch pan-European dark MTF

UBS Investment Bank intends to launch a dark-liquidity multilateral trading facility (MTF) for crossing orders in European stocks, pending regulatory approval from the UK's Financial Services Authority.

Left out in the cold

Can you afford to ignore a quarter of all trading in European blue chips? According to index providers in Europe, you can.

New Volcker text exempts market making, facilitation

The Obama administration has finalised the proposed legislative language for its controversial Volcker rule, which aims to prevent deposit-taking institutions from engaging in proprietary trading and owning or investing in private equity and hedge funds.