Americas Archive

February 19, 2014

ITG launches hedge fund OMS and EMS

Research and execution broker ITG has expanded its offering for hedge funds with the launch of an order management system and execution management system. read more>

February 18, 2014

Execution heads urge Reg SCI re-think

Execution heads urge Reg SCI re-think

Despite a spate of exchange system trading malfunctions, regulators must be wary of overreach when finalising Regulation Systems Compliance and Integrity, two US bulge bracket execution heads have said. read more>

February 14, 2014

Buy-side yet to trade on SEFs ahead of MAT deadline

Buy-side yet to trade on SEFs ahead of MAT deadline

Despite months of lead time, many US asset managers will next week execute their first swap execution facility trades when mandatory trading begins, although the key test for buy-side firms will be the transition to central limit order book trading, a New York conference heard yesterday. read more>

February 13, 2014

EU-US deal reached on derivatives trading venues

The European Commission and the Commodity Futures Trading Commission (CFTC) have agreed a deal that allows European OTC derivatives trading venues exemption from US regulations until equivalent European rules come into force. read more>

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>