Study by Liquidnet found that 87% are not looking to relocate trading desks ahead of the UK’s departure from the EU, but this could be temporary.
The US regulator says that Citi traders mismarked illiquid positions in proprietary accounts they managed, leading to $81 million loss.
Nasdaq and FINRA will increase reporting fees as costs of operating its trade reporting facility have risen 16% since 2012.
Derivatives rules first introduced in December 2015 have come up on the SEC’s spring 2018 regulatory agenda, with a recommendation the rules be revisited.
ITG said in its second quarter earnings report that the SEC is investigating POSIT and could hand the broker a $12 million fine.
The UK’s FCA and ten other financial regulators have laid out plans for a new global financial innovation network.
Union Investment and BMO Global Asset Management are using Bloomberg’s research service to comply with MiFID II.
The CFTC found that R.J O’Brien failed to detect and prohibit a post-trade allocation scheme run by one its clients.
Bitcoin ETF proposal by crypto exchange Gemini has been rejected by the Securities and Exchange Commission in the US.
HSBC failed to assess risk of individual bonds before recommending them to clients in Asia.