Higher threshold is key to circuit breaker success, say experts
Following a turbulent week in Chinese markets, The TRADE speaks with UBS and Instinet about circuit breakers.
Regulation
UPDATED: China suspends circuit breaker
China’s Securities and Regulatory Commission (CSRC) has announced it has suspended its recently introduced circuit-breaker system.
Market opening failures increased summer volatility – SEC
SEC study into August market volatility finds opening procedures and trading regulations exacerbated the situation.
SEC recommends rule change for accredited investors
A US Securities and Exchange Commission (SEC) staff report
has issued recommendations which could tighten up the qualifying criteria for
accredited investors and their ability to invest in private fund vehicles such
as hedge funds or structured products.
Agreement on FTT principles unlikely to result in action
Uncertainty and criticism continues to surround the proposed
EU financial transaction tax
IOSCO lays out OTC derivative harmonisation plans
Plans to create a harmonised global product identifier for OTC derivatives have been unveiled by IOSCO.
FCA acknowledges costs of MiFID II will be ‘significant’
Recognition of cost burden by FCA means firms can start to
plan projects.
FCA moots MiFID reporting exemption for some funds
The FCA's most recent MiFID paper exempts certain funds, such as UCITS and alternatives, from reporting obligations.
Tougher sanctions on the way for traders say panel
New sanctions will facilitate regulators in holding
individuals to account
FIX announces upgrades to protocol in MiFID II move
FIX makes changes to adapt to new timestamp rules in MiFID II.