Americas Archive

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>

January 31, 2014

Swap dealer rule change could benefit buy-side

A revision of the swap dealer rule suggested by Commodity Futures Trading Commission commissioner Scott O’Malia could avoid a reduction in buy-side counterparties due to a lower threshold requirement, according to Sean Owens, director of fixed income for consultancy Woodbine Associates. read more>

January 31, 2014

FIA chief urges pragmatic approach to SEF trading

FIA chief urges pragmatic approach to SEF trading

Market participants and regulators should prepare for system errors and liquidity issues ahead of mandatory trading on swap execution facilities, Walt Lukken, CEO of derivatives industry body the Futures Industry Association, has told theTRADEnews.com. read more>

January 29, 2014

Nasdaq overhauls risk management platform

Market operator Nasdaq OMX has unveiled a new set of risk management tools within its access services business, which will come under the TradeGuard brand and forms an expansion of the firm’s risk offering from the 2010 acquisition of risk platform FTEN. read more>

January 29, 2014

Order routing, tech issues top ICI trading priorities

Order routing, tech issues top ICI trading priorities

US buy-side trade body the Investment Company Institute will in 2014 focus on addressing key conflicts of interest around order routing and supporting industry efforts to reduce the occurrence of disruptions in the US equity market, according to its senior counsel. read more>

January 29, 2014

TeraExchange links to Traiana’s risk management tool

Swap execution facility TeraExchange has connected to Traiana’s clearing risk management service CreditLink. read more>

January 28, 2014

Invesco selects Portware for multi-asset class EMS

Execution management system provider Portware will provide global asset manager Invesco with its platform to manage execution across asset classes. read more>