Credit Suisse and Barclays settle federal dark pool fines worth $150 million
Credit Suisse and Barclays to pay over $150 million in fines over dark pool charges, in largest ever penalty imposed by the SEC.
Tag: Dark pools
Equities trading soars as traders warm to dark pools
A new report from the Association of Financial Markets in Europe (AFME) documents trading behaviour in 2015.
SEC outlines tougher regime for dark pools
US regulator proposes new rules to increase dark pool transparency and protect investors.
MiFID II “will force trades back onto lit market”
Industry told that MiFID II's dark pool caps will inevitably force flow back onto lit markets, where it risks being gamed by other market participants.
ASIC reviews HFT, finds no need for new regulation
The Australian Securities and Investments Commission (ASIC) will not introduce new regulation for high frequency trading and dark liquidity, finding that existing settings “are largely adequate and effective.”
Building blocks of the future
As traders prepare for the arrival of yet more regulatory standards, what market events are likely to shape the new world of block trading? Joe McGrath investigates...
Passing troubles unlikely to harm ATSes in the long run
The industry may question the integrity of alternative trading system (ATS) operators after a rash of press reports following New York Attorney General Eric Schneiderman bringing suit against Barclays for alleged misrepresentation of its ATS, but industry watchers warn not to paint each operator with the same brush.
IEX eyes exchange status
Dark liquidity pool startup IEX is expected to file for exchange status with the US Securities and Exchange Commission later this summer, according to IEX officials.
‘Trade-at’ rule would hit US dark pool volumes
The introduction of a ‘trade-at’ rule could halve trading volumes in US dark pools, according to New York agency brokerage Rosenblatt Securities.
US bond dark pool promises to bring new liquidity to the buy-side
Fixed income is facing a liquidity crisis as banks are reducing market making activity in the asset class. Could a new US-based dark pool for bonds be the answer to the market’s problems?