Nasdaq & Cboe question SEC’s legal authority on rebate proposal
Debate over controversial maker-taker pricing continues in the US as comment letters are published on regulator’s proposed transaction fee pilot.
Debate over controversial maker-taker pricing continues in the US as comment letters are published on regulator’s proposed transaction fee pilot.
UK buy-side firm adopts research service to comply with new rules on research consumption under MiFID II.
Trax and TORA have combined their services to help clients meet MiFID II trade and transaction reporting requirements.
US market participants will be able to trade directly with ASX without having to trade through an intermediary.
The TRADE’s 2018 Algo Trading Survey finds MiFID II has heightened critical approach to electronic trading among buy-side firms.
Research from ITG shows equity trading volumes falling for dark MTFs as volume caps take hold.
Updated dark pool data finds breaches for 58 equities for the 8% cap and 10 equities for the 4% cap.
Regulatory change may see hedge funds subject to 70% additional margins.
ESMA releases first liquidity assessment on the European bond market but says data received so far is “not fully complete”.
Global head of systematic trading and market structure at US firm throws doubt on systematic internalisers and periodic auctions.