US watchdog moves to overhaul governance of equity consolidated tape
Following intense debate among market participants on the extensive costs of market data, incumbent exchanges could soon have less power over the consolidated tape in the US.
Following intense debate among market participants on the extensive costs of market data, incumbent exchanges could soon have less power over the consolidated tape in the US.
BlackRock, Goldman Sachs, Allianz, JP Morgan and Vanguard are among those raising concerns about CCPs, urging regulators to take action.
A roundtable hosted by the SEC with high-profile market participants highlighted just how divided Wall Street and regulated exchanges are on the issue of market data and access to exchanges, writes Hayley McDowell.
The TRADE profiles its Rising Stars of 2018, concluding with Jack Boland, Tim Miller, Andrea Bradshaw, Richard Pinnington and Edouard Bugeaud.
Fragmented nature of European regulatory authorities means a TRACE-style source of fixed income data is unlikely to be replicated in Europe, according to panelists.
Speakers at this year’s TradeTech conference were keen to extol the virtues of artificial intelligence and machine learning, but perceptions around transparency and trust must be addressed.
Global head of systematic trading and market structure at US firm throws doubt on systematic internalisers and periodic auctions.