The Big Idea Archive

May 28, 2013

Is delay the cost of SEC accountability?

Is delay the cost of SEC accountability?

A bill seeking to reduce the cost of developing financial regulation in the US may disguise industry motives and threatens to delay implementation of the Dodd-Frank Act. read more>

April 30, 2013

Microstructure issues hamper meaningful reform debate

Microstructure issues hamper meaningful reform debate

Last week's delayed opening of the Chicago Board Options Exchange is just the latest in a long line of technology-related financial markets 'face plants', which last year included Knight Trading's rogue algorithm and the painful Facebook and BATS Global Markets IPO experiences. read more>

March 26, 2013

SEF protocols central to market choice

SEF protocols central to market choice

Swap execution facilities may be the cornerstone of G-20-inspired Dodd-Frank Act rules on OTC derivatives, but how they operate and whether they will attract sufficient liquidity remains unclear. read more>

February 26, 2013

Can social media sentiment pay off?

Can social media sentiment pay off?

A number of firms developing tools that incorporate social media sentiment into trading and investment, but does it represent a source of quality and actionable information upon which market participants can base trading decisions? read more>

January 29, 2013

Time to re-boot the US equities market?

Time to re-boot the US equities market?

Last year, investor confidence in the US cash equities mark took several hits, leaving many wondering whether the market structure has become too fast, too fragmented and too complex to operate fairly for all investors. read more>

December 04, 2012

Do US markets need an all-seeing eye?

Do US markets need an all-seeing eye?

It’s an idea which has been bandied around in one form or another for years, but with the support of one of the most influential lawmakers on Capital Hill, a potential merger of the Securities and Exchange Commission and Commodity Trading Futures Commission is now on the cards, with some market participants positive on the benefits it would offer the industry. read more>

October 30, 2012

Are exchanges facing the wrong way?

Are exchanges facing the wrong way?

A turbulent year for US exchanges has led to much soul searching among market participants as they begin to question whether the current equity market structure is fit for purpose. read more>

September 25, 2012

The law of diminishing returns

The law of diminishing returns

Will more competition in the US options markets bring real benefits to participants or will the trend toward diminution and fragmentation further undermine institutional investors? read more>

August 28, 2012

In need of a fix

In need of a fix

The faltering US IPO market has been punctuated by a series of high-profile failures this year that many have brought investor confidence to new lows. But opinions are mixed on how a healthy IPO pipeline can be restored. read more>

July 31, 2012

When the suit doesn’t fit

When the suit doesn’t fit

US institutional investors are seeking greater levels of customisation from their algorithms – but too many different algos can complicate best execution. read more>