KCG sells NYSE market maker to Citadel
Deal sees second NYSE market maker sold to HFT firm in two weeks.
Americas
Morgan Stanley pays $63m to settle US lawsuits
Morgan Stanley has paid out a $62.95 million settlement relating to the sale of residential mortgage backed securities to three banks which failed during the credit crisis.
Buy-side swaps costs shrinking under Dodd Frank – BoE
The derivatives industry has seen execution costs for USD swaps contracts fall by as much as $40 million daily since the onset of new trading rules, according to research from the Bank of England.
CFTC fines halve in 2015
The US's main derivatives regulator handed down significantly fewer fines in 2015.
Liquidity “not an exact science” regulators warned
US asset managers warn against imposing overly strict rules on liquidity measurement.
TradeCast Episode 1
The Trade team breaks down the latest and biggest news from the week in the first episode of The TradeCast.
CBOE volumes down in tough 2015
CBOE suffers a difficult year, losing market share amid declining trading volumes.
Market opening failures increased summer volatility – SEC
SEC study into August market volatility finds opening procedures and trading regulations exacerbated the situation.
LSEG snaps up XTF in latest data acquisition
Exchange group that acquired Russell Investments finishes the year buying a US ETF data business.
FCM client clearing numbers in steep decline
Latest CFTC data shows a major drop in the number of US futures commission merchants offering services to the buy-side.