USA news Archive

A breakdown in the consensus over market structure has left investors confused in conditions of "near savagery" as they scour the margins for advantage, according to California-based Jones Trading. read more>

US regulators are pushing the buy-side to comply by 10 June with regulations covering the central clearing of swaps but neither the buy-side nor the rest of the industry are even close to ready, experts agreed at the TradeTech-London 2013 conference last week. read more>

Barclays has introduced a 'toxicity framework' to its LX dark pool that it claims makes predatory trading easier to identify. read more>

Bloomberg today qualified its earlier announcement that it would set up a futures exchange if the Commodity Futures Trading Commission failed to amend an "arbitrary and capricious" rule it says penalises OTC swaps at the expense of futures trades. read more>

Asset managers' reliance on advice from third-party vendors and clearing brokers as they prepare for new swaps reporting and trading regimes could lead to significant compliance delays, an expert has warned. read more>

Deutsche Börse-owned International Securities Exchange will launch its second US options exchange before the end of Q2, the company said yesterday. read more>

Dark trading in Canada is set to recover slightly over the next year, as market participants acclimatise to dark pool rules introduced last year, according to a new TABB report. read more>

The collapse of MF Global could strengthen US laws and accelerate the implementation of MIFID II after a judge in New York last week approved a bankruptcy plan for the collapsed brokerage, according to buy-side firms. read more>

While corporate compliance departments are still coming to terms with all the regulatory changes springing forth the implementation of the Dodd-Frank Act, the US Securities and Exchange Commission threw a curveball to the industry in early April by approving social media as a distribution channel for corporate actions announcements. read more>

A new industry-led reporting and communication standard for OTC derivatives will give buy-side firms greater scope to automate regulatory-mandated reporting, including splitting margin payments to central counterparties. read more>