USA news Archive

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>

The New York Stock Exchange on Monday complied with an SEC requirement that it partly decommission volatility-dampening liquidity refreshment points after claiming their removal threatened to force markets into a single mould. read more>

The buy-side may reduce its risk hedging activities as a result of clearing requirements for OTC derivatives under the Dodd-Frank Act, which will capture asset managers for the first time in June, an expert has warned. read more>

Global banking house Citi will expand its custody offering to include segregated collateral accounts as central counterparties prepare to offer such accounts in line with new regulations. read more>

The year's strong opening by US equity markets in January was cause for celebration, but it wasn't enough to drive overall first-quarter volumes higher than Q1 2012, even though a number of benchmark indices hit new highs. read more>

Market operator BATS Global Markets has begun providing monthly reports which compare quality of order execution for all US exchanges on a stock-by-stock basis. read more>

Credit Suisse this week announced the addition of single-leg tactics for US-listed equity, index and exchange-traded fund options to its derivatives trading system, which will improve the efficiency of directives execution for buy-side traders. read more>