Sarah Pritchard joins the FCA as director of markets after five years with the National Economic Crime Centre as part of leadership shake-up by new chief executive Nikhil Rathi.
Analysis from the UK’s regulator has said that dark trading, which the EU has restricted under MiFID II rules, can reduce costs for investors.
Market share in European STO stocks for UK-based venues fell from 16% to 2.5% when looking at addressable and non-addressable liquidity, report from Liquidnet reveals.
Following a beta launch last year, Pragma said that the deep-learning algorithms had improved execution quality by 33%.
The temporary changes made by the UK watchdog were an attempt to prevent the catastrophic disruption of the $50 trillion derivatives market.
Julia Hoggett joins the London Stock Exchange as the new chief executive after nearly seven years at the Financial Conduct Authority.
The FCA said TFS ICAP had misled clients in a printing scheme over a prolonged period to encourage them to trade when they otherwise might not have done.
Various industry associations have welcomed the UK’s equivalence decisions in a move that aims to provide certainty to firms.
The FCA has outlined its approach to the share trading obligation and will maintain access to EU venues for UK market participants.
The audio feed contained no inside information and no activity of concern or misconduct was identified by the FCA following the audio hack at the Bank of England.