Catch me if you can
Most industry observers recognise the need for MiFID II to include new rules that govern the risks associated with electronic trading, but proposals that are too severe may damage liquidity.
Most industry observers recognise the need for MiFID II to include new rules that govern the risks associated with electronic trading, but proposals that are too severe may damage liquidity.
Bank of America Merrill Lynch has launched new functionality within its US alternative trading system, Instinct X, that aims to offer the buy-side greater block trading opportunities.
US stock exchanges and market participants will recommend a new tick size regime for less-liquid stocks at a roundtable hosted by the Securities and Exchange Commission today.
Just under half of buy-side firms have already begun some form of clearing and reporting for OTC derivatives trades, according to the latest poll on theTRADEnews.com.
Asian equity brokers made 13% less last year as commissions contracted and the region experienced a trading slowdown, according research firm Greenwich Associates.
The cost of trading swaps is set to rise under new legislation, requiring the buy-side to reassess whether OTC derivatives can still meet their hedging needs in the most efficient way.
The complexity and diversity associated with US dark pools is becoming a minefield for buy-side traders, raising suspicions on how brokers internalise orders.
Over half of respondents to this month’s poll on theTRADEnews.com have cited the dearth in trading volumes as the chief influence on buy-side execution during 2012.
The New Year is likely to bring increased regulatory pressure on off-exchange activity and high-frequency trading, according to market practitioners.
Knight Capital, a US broker-dealer, has agreed to a merger with market making firm GETCO in a deal worth US$1.4 billion.