Americas Archive

March 14, 2014

Common SEF rulebook idea mooted

A number of market participants plan to develop a common rulebook for a number of swap execution facilities to ease buy-side take-up of the platforms according to Jim Myers, senior manager, business consulting, treasury and risk management for Sapient Global Markets. read more>

March 13, 2014

BNY-BAML tri-party link eases buy-side collateral pressure

Asset managers will be able to use corporate bonds as collateral for centrally cleared interest rate swaps after a link-up between custodian bank BNY Mellon and Bank of America Merrill Lynch through CME Clearing. read more>

March 13, 2014

FINRA confirms May start to ATS reporting

Dark pool reporting for US venues regulated as alternative trading systems will begin the week starting 12 May the Financial Industry Regulatory Authority, the body running the program, has confirmed to read more>

March 11, 2014

SEC's Piwowar champions collaborative swaps approach

Republican commissioner Michael Piwowar of the Securities and Exchange Commission has called for greater cohesion among international regulators as the top US securities regulator prepares to unveil final swaps rules. read more>

March 06, 2014

MTS adds to electronic offering with deal

Fixed income trading platform MTS, owned by the London Stock Exchange Group, will have access to hundreds of US clients after agreeing to acquire US corporate bonds platform as it expands its electronic fixed income trading offering. read more>

March 06, 2014

Technology to ease CFTC budget concerns

A greater reliance on technology in the Commodity Futures Trading Commission’s market oversight function will be critical in helping the regulator meet its mandate, a former Commission chief economist has said, as the process of expanding the Commission’s budget formally begins. read more>

March 06, 2014

State Street FCM expands buy-side futures tools

State Street has expanded its futures execution and analytics offering to the buy-side within its futures commission merchant, giving asset managers the ability to connect directly to trading venues and enhance existing algorithmic tools. read more>

March 05, 2014

Nasdaq launches private market to ease IPO transition

Exchange operator Nasdaq has today launched a US private equity market to help companies raise capital and prepare for IPOs on its main market. read more>

March 05, 2014

US buy-side trims broker list, says Barclays

US institutional investors continue to reduce their broker lists to focus on executing through a small number of bulge bracket firms instead of paying for research through execution commissions, according to Bill White, head of equities electronic trading for Barclays. read more>

March 04, 2014

Top US equity exchanges grow market share in February

The top three US equity exchange operators all expanded their share of trading in February, which was the first month BATS Global Markets has operated the two order books it acquired from Direct Edge. read more>