Americas Archive

February 11, 2014

CFTC will not target HFT in automated trading rules

The Commodity Futures Trading Commission will likely not pursue a definition of high-frequency trading as initially flagged in a concept release on automated trading, participants at a meeting discussing the plan heard yesterday. read more>

February 11, 2014

Maker-taker rises up SEC reform agenda

A new member of the Securities and Exchange Commission's leadership has highlighted reform to maker-taker pricing models as a particular issue the regulator should consider in its holistic review of US equity market structure. read more>

February 07, 2014

ING’s Buziak praises ATS reporting

A plan to require alternative trading systems to report weekly volumes to regulators will save asset managers time and improve execution quality, according to Nanette Buziak, head of equity trading for ING Investment Management. read more>

February 07, 2014

Associations urge balance in US government cyber crime bill

A group of financial services representatives including buy-side trade body the Investment Company Institute has thrown support behind US government efforts to strengthen protections against cyber crime, while urging scope to serve end-customers. read more>

February 06, 2014

FINRA extends surveillance coverage with BATS agreement

The Financial Industry Regulatory Authority has extended its surveillance to 99% of US equities trading after forming an agreement with exchange operator BATS Global Markets. read more>

February 06, 2014

CME posts strong figures in subdued derivatives market

Over the past year, derivatives trading activity has been affected by a return to the equity market after several major indices reached record level. While index products have performed well, other derivatives have seen lower trading volumes. read more>

February 05, 2014

CFTC proposes tougher enforcement of Volcker

The Commodity Futures Trading Commission may create additional procedures to ensure participants adhere to the Volcker rule, its acting chair Mark Wetjen has said. read more>

February 04, 2014

FINRA dark reporting plan approved but concerns remain

FINRA dark reporting plan approved but concerns remain

Mandatory alternative trading system reporting will begin in April after a Financial Industry Regulatory Authority plan gained approval despite the US regulator making no changes suggested by the industry. read more>

February 04, 2014

Volumes up but top US exchanges drop market share

BATS Global Markets and the New York Stock Exchange, now the two largest US equity exchange operators, both lost market share in January despite strong overall trading volumes. read more>

January 31, 2014

SEC approves BATS-Direct Edge tie-up

The Securities and Exchange Commission has approved the merger of US equity market operators BATS Global Markets and Direct Edge and the combined entity is expected to challenge the New York Stock Exchange as the top US exchange by market share. read more>