Reports on suspicious trades declined in 2020 as traders worked from home, FCA says
The FCA found that there was a reduction in suspicious transaction and order reports (STORs) in 2020 due to conditions caused by the pandemic.
The FCA found that there was a reduction in suspicious transaction and order reports (STORs) in 2020 due to conditions caused by the pandemic.
FCA has confirmed all Libor settings will cease immediately on 31 December for major currencies as firms are urged to complete transition plans.
FCA has changed the UK’s approach to the double volume caps following a shift of share trading from London to the EU after Brexit.
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.