TheTradeNews.com

Microstructure issues hamper meaningful reform debate

Tue, 30 Apr 2013 13:13:01 GMT

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.

SEF protocols central to market choice

Tue, 26 Mar 2013 17:00:08 GMT

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.

Can social media sentiment pay off?

Rob Daly — Tue, 26 Feb 2013 14:37:06 GMT

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?

Time to re-boot the US equities market?

Rob Daly — Tue, 29 Jan 2013 11:44:00 GMT

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.

Do US markets need an all-seeing eye?

Anish Puaar — Tue, 04 Dec 2012 13:58:22 GMT

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.

Are exchanges facing the wrong way?

Tue, 30 Oct 2012 11:44:55 GMT

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.

The law of diminishing returns

Rob Daly — Tue, 25 Sep 2012 11:34:11 GMT

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?

In need of a fix

Anish Puaar — Tue, 28 Aug 2012 14:28:11 GMT

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.

When the suit doesn’t fit

Elliott Holley — Tue, 31 Jul 2012 15:25:55 GMT

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

Buy-side seeks new solutions to cover fixed income shortfall

Elliott Holley — Tue, 26 Jun 2012 19:12:47 GMT

US buy-side firms have raised concerns that current electronic trading platforms for bonds will be unable to fill the gap left by brokers that may soon find it challenging to fulfil their traditional role as market makers.

Feeling the strain?

Anish Puaar — Tue, 29 May 2012 18:19:43 GMT

Even though it has been over two years since the flash crash, questions over the safety of equity markets continue to linger, fuelled by recent glitches that hit two high-profile US IPOs.

Half-time, swap sides

Bruce Love — Tue, 24 Apr 2012 19:42:31 GMT

The need to revisit trading processes and counterparty management was inevitable under Dodd-Frank, but a more substantial change to buy-side business models may be required to survive and excel in the new market order.

New levels of transparency

Chris Hall — Tue, 27 Mar 2012 18:28:27 GMT

While the cost pressures on banks and brokers are well-established, institutional investors are tackling budgeting challenges no less steep for their lower profile. In many cases, it is trading desks that are bearing the brunt of the problem and working hardest to extend best execution to procurement of sell-side services.

The battle over America's borders

Bruce Love — Tue, 28 Feb 2012 13:51:13 GMT

While illegal immigration has long been a divisive issue, an altogether different dispute has broken out over America’s borders, this time uniting American and non-American in their attack on new financial regulations.

The GOP v Dodd-Frank

Bruce Love — Mon, 30 Jan 2012 17:51:39 GMT

Wondering what to expect from a White House run by Mitt, Newt, Ron or Rick? We’ve asked the experts how the candidates would reshape banking reform in the US.