Fine is the first enforcement action against a firm for failing to report exchange traded derivatives under EMIR.
Brett Redfearn has left JP Morgan to head up the trading and markets division at the Securities and Exchange Commission.
Asset manager looking to manage research budget and be alerted to possible inducements.
MiFID II will ban broker crossing networks leaving a ‘big hole’ in liquidity.
The Charles River Investment Management Solution has integrated Trax’s APA and ARM tools to meet reporting requirements.
MiFID II has increased expectations for the buy-side to truly understand algorithms they use.
Firms are likely to be given some time to get their reporting accuracy on track in early 2018.
Overuse of RFQs risks information leakage epidemic in 2018.
Bloomberg, the London Stock Exchange Group, MarketAxess and NEX Group received approval to operate ARMs under MiFID II.
FX traders allegedly used electronic chatrooms to manipulate benchmarks and fix market prices.