USA news Archive

A technological error at a market data hub operated by Nasdaq OMX led to stale data that left traders unable to determine US stock prices for a short period yesterday. read more>

Two of the main rules relating to the US' comprehensive OTC derivatives regulatory overhaul have come into force, with the Commodity Futures Trading Commission (CFTC) stating that 65 firms are now provisionally registered as swap dealers. read more>

Knight Capital, a US broker-dealer, has agreed to a merger with market making firm GETCO in a deal worth US$1.4 billion. read more>

Chilean alternative venue Bolsa Electrónica de Chile today upgraded its exchange infrastructure to Nasdaq OMX’s X-stream platform. read more>

The US senate will turn its eye towards dark pools in a hearing today, three tumultuous years after the US equities markets regulator proposed a plan to curb dark pools growth. read more>

Buy-side firms will have greater scope to manage costs and commission sharing agreements at the fund level with a new product from agency broker Instinet. read more>

Fidelity Capital Markets, the institutional trading and execution division of Fidelity Investments, has launched a new US dark pool incorporating retail liquidity. read more>

A high proportion of buy-side firms still suffer from data reconciliation errors which can prove costly to a company’s reputation, a new report has warned. read more>

The Securities and Exchange Commission has approved the launch of the Miami Options Exchange (MIAX), which from tomorrow will offer the electronic trading of US options. Technology for the new market was developed in-house, which the firm says will help meet the functional and performance demands of derivativ read more>

Futures commission merchants must provide new services and improved capital management to mitigate lower volumes and new rules, while 15% may quit the business, according to new research. read more>