Bad bond data significantly delaying execution
Panel agree immediacy when trading bonds is important, but ‘imperfect’ data hampers traders’ ability to be ‘opportunistic’.
TABB Group study finds 66% of buy-side firms in the US are to be impacted by European regulation, MiFID II.
Citi ordered to pay $175 million to settle claims of Libor rigging.
Recent survey finds financial professionals have positive outlook on US markets this year.
ITG agrees sale of research business that will see loss of high-touch jobs.
Job cuts in financial services surge as “Wall Street executives are trying to shrink staffing levels as profits remain under pressure,” says Integrity Research.
Consistency, lack of clear definitions, and ease of use listed by firms as major concerns ahead of SEC’s Form ATS-N.