Americas Archive

April 12, 2013

Buy-side swaps reporting thwarted by vendor reliance

Buy-side swaps reporting thwarted by vendor reliance

Asset managers' reliance on advice from third-party vendors and clearing brokers as they prepare for new swaps reporting and trading regimes could lead to significant compliance delays, an expert has warned. read more>

April 12, 2013

ISE to launch second options exchange

Deutsche Börse-owned International Securities Exchange will launch its second US options exchange before the end of Q2, the company said yesterday. read more>

April 10, 2013

Dark trading set to rise in Canada

Dark trading in Canada is set to recover slightly over the next year, as market participants acclimatise to dark pool rules introduced last year, according to a new TABB report. read more>

April 09, 2013

MF Global to change US laws, accelerate MIFID II

The collapse of MF Global could strengthen US laws and accelerate the implementation of MIFID II after a judge in New York last week approved a bankruptcy plan for the collapsed brokerage, according to buy-side firms. read more>

April 09, 2013

New rules may force buy-side to reduce hedging activity

New rules may force buy-side to reduce hedging activity

The buy-side may reduce its risk hedging activities as a result of clearing requirements for OTC derivatives under the Dodd-Frank Act, which will capture asset managers for the first time in June, an expert has warned. read more>

April 08, 2013

NYSE complies with limit up-limit down after “strenuous” objection

The New York Stock Exchange on Monday complied with an SEC requirement that it partly decommission volatility-dampening liquidity refreshment points after claiming their removal threatened to force markets into a single mould. read more>

April 05, 2013

New swaps standard offers buy-side flexibility

New swaps standard offers buy-side flexibility

A new industry-led reporting and communication standard for OTC derivatives will give buy-side firms greater scope to automate regulatory-mandated reporting, including splitting margin payments to central counterparties. read more>

April 04, 2013

Nasdaq to launch ETF liquidity incentives

Exchange operator Nasdaq OMX will launch an incentive programme this quarter for exchange-traded funds listed on its US market that will rebate market makers for providing liquidity. read more>

April 03, 2013

New Chi-X Canada venue targets mid-tier brokers, retail market

Chi-X Canada's new CX2 alternative trading system has revealed its taker-maker pricing structure a month ahead of the venue's launch. read more>

April 02, 2013

US markets Q1 enthusiasm curbed despite DJIA peak

The year's strong opening by US equity markets in January was cause for celebration, but it wasn't enough to drive overall first-quarter volumes higher than Q1 2012, even though a number of benchmark indices hit new highs. read more>