Germany’s financial regulator, BaFin, has introduced a new short position disclosure regime following recommendations from the Committee of European Securities Regulators (CESR). read more »
Regulation
Wed, 2010-03-03 14:20
SEC’s new short-sale rule to curb liquidity – market makers
The lack of a market making exemption in the US Securities and Exchange Commission’s new short-selling restriction, adopted last week, could limit market makers’ ability to provide liquidity in declining stocks, according to US equities market makers. read more »
Wed, 2010-03-03 12:27
US not acting alone over prop trading – Turner
Lord Adair Turner, chairman of UK financial regulator the Financial Services Authority (FSA), said yesterday that the Financial Stability Board is “in full agreement” with the US about how to limit deposit-taking banks’ proprietary trading activities. read more »
Wed, 2010-03-03 10:42
Hong Kong to require disclosure of short positions
Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), has unveiled a new regime for the reporting of short positions in an effort to enhance market transparency. read more »
Tue, 2010-03-02 17:13
CESR proposes pan-European short disclosure rule
The Committee of European Securities Regulators (CESR), the body charged with ensuring consistent securities regulation across EU member states, has recommended the introduction of a pan-European regime for disclosing net short positions in equities. read more »
Mon, 2010-03-01 08:13
Market split on the great prop divide – The TRADE Poll
While most market participants clearly find the idea of deposit-taking institutions funding potentially risky trading strategies with client money difficult to stomach, almost half of respondents to the latest TRADE Poll consider an outright ban on banks’ proprietary trading activities equally unpalatable. read more »
Fri, 2010-02-26 08:48
MiFID review to include high-frequency trading – Commission
The European Commission’s 2010 review of MiFID will take into account high-frequency trading and other market developments that have increased in influence since the directive’s introduction, a Brussels official confirmed yesterday. read more »
Wed, 2010-02-24 18:56
SEC instates new uptick rule for short sales
The US Securities and Exchange Commission (SEC) has adopted a rule to restrict short-selling in a stock if its value has dropped by 10% in a day. read more »
Tue, 2010-02-23 15:50
Flash ban likely, but Volcker “unworkable”
The US Congress and the Securities and Exchange Commission (SEC) could be close to passing legislation and rules that will, among other developments, eliminate flash trading and institute ‘circuit breakers’ for short-sellers, according to financial policy specialist Joseph Engelhard. read more »
Tue, 2010-02-23 15:17
Market cool on SEC’s real-time dark disclosure plan
The US Securities and Exchange Commission’s proposal to require real-time disclosure of non-displayed trading venues’ identities in the consolidated post-trade feed has received a frosty reception from market participants. read more »
