Independent coverage of UK markets, FCA policy and institutional trading
Since the Great Recession cross-border financial assets have grown nearly 60 percent. While cross-border bank lending has stayed relatively constant, cross-border portfolios and market-based finance h…
The Equity Market Structure Advisory Committee (EMSAC or Committee) held its third meeting at the Securities and Exchange Commission (Commission or SEC) in Washington DC on February 2, 2016.1 The Comm…
For years, buyside traders have complained – quite fairly – that dark pool trading rules and activity are far too opaque. In response to this criticism and to the numerous regulatory actions taken aga…
The following script is from "Rigged" which aired on March 30, 2014. Steve Kroft is the correspondent. Draggan Mihailovich, producer.
The number of Bitcoin whales has approached the level seen in September 2017, when Bitcoin moved toward its all-time high around $20,000. The indicator has been rising steadily since the start of the …
When most people hear the name “Nasdaq,” they think of the world’s premier venue for buying and selling tech stocks. The Nasdaq exchange is where the cool kids of Silicon Valley and other points West–…
Global Foreign Exchange Market Size, Share, Trends, Growth Forecast Report By Counterparty (Reporting Dealers, Non-financial Customers and Other Financial Institutions), Trade Finance Instrument (Curr…
Execution algorithms for FX trading are contributing to the thinning of order books which could impact the ability to absorb market shocks, a report published by the Bank for International Settlements…
This product expansion includes an extensive library of both liquid and less liquid, hard-to-value instruments across sovereigns, investment grade and high yield corporates, emerging markets, money ma…
Financial markets data is the most important output of fully transparent liquid markets, according to NYSE President Lynn Martin.
Institutional investors and active traders are monitoring this development for its potential impact on market structure, liquidity and cross-asset flows. Positioning across equities, FX and fixed inco…
In most of the world, the majority of trading costs are charged in basis points (hundredths of a percent), which means variable costs are the same for a $1 million trade in any stock.
There are also key regulatory changes expected in relation to market integrity and data, buy-side and retail topics, and digitalisation and DLT. In this article, we explore the upcoming milestones for…
Repurchase agreements, commonly known as repos, are short-term borrowing tools in government securities markets. A dealer sells securities, agreeing to buy them back at a higher price soon after. This…
As the crypto market has continued its volatile ride over the past year, most market participants would agree that regulators needed to step in and tame what has been – and in many cases still is – th…
The buy-side for years has lamented its inability to find large blocks of stock – either due to HFTs picking them off, fragmentation or a brokers lack of market reach – and will employ electronic or h…