SEC reforms: An exchange perspective
In the wake of the SEC’s landmark market structure proposals this week, The TRADE sat down with John Ramsay, chief market policy officer at IEX Exchange, to discuss the latest changes.
In the wake of the SEC’s landmark market structure proposals this week, The TRADE sat down with John Ramsay, chief market policy officer at IEX Exchange, to discuss the latest changes.
CEO of Ediphy, Chris Murphy, tells The TRADE where he sees credit developing in 2023, why he still has concerns around the consolidate tape, and just when we might finally see a CT in Europe.
The head of the securities markets unit at the European Commission has strongly urged for a reduction in deferral times to make the tape commercially viable, while also discussing the possible inclusion of pre-trade data.
How have UMR and SA-CCR impacted the FX trading desk and market structure? TradeTech FX panellists explore the consequences of these landmark regulations, and how they might influence other FX products in the future.
Professors from the University of California conducted a detailed academic study of brokerage accounts, concluding that payment for order flow does not appear to impact price.
A federal court has ruled that the SEC’s decision to approve a controversial type of market order from IEX Group was lawful, in the latest twist of the Flash Boys drama.
The regulator has updated its Q&As on Mifid II and Mifir market structure topics to clarify guidance on automated trading functionalities and compliance when using third party systems.
A new draft report on Mifid II amendments confirms plans to ban payment for order flow (PFOF) in Europe, as well as removing dark pool caps and supporting a pre-trade consolidated tape, among others. The TRADE explores these legislative updates in detail to provide a comprehensive summary of the proposed changes.
The Financial Services and Markets Bill, published by the government this week, lays out a pathway for potential regulatory reform as the UK seeks to maintain competitiveness post-Brexit – but does it go far enough?
The two firms will work together to create a market structure for digital assets, with the deal coming on the back of President Biden’s recent strategy announcement on crypto regulation.