Editorial: Oversight of US bond markets is broken
Oversight of the US bond markets is broken. The world’s sixth largest bank by assets, JP Morgan, was able to manipulate the US Treasury...
Wellington: Internal crossing could have saved US$10-15 million
The Securities and Exchange Commission (SEC) sub-committee the Fixed Income Market Structure Advisory Committee (FIMSAC), has unanimously passed a proposal to support internal crossing...
Bloomberg forces SEC to provide cost analysis of primary issuance database
Bloomberg has had its case for the US Securities and Exchange Commission (SEC), to provide an analysis of the costs for a primary bond...
Regulation & Market Structure: How the SEC and the Fed will change US bond...
Transparency and structure is coming to the US Treasury and credit markets.
The role of the Fed is changing and consequently the role of other...
BTMU fined for spoofing in Treasury futures
By Flora McFarlane.
On 7 August the Commodity Futures Trading Commission (CTFC) fined The Bank of Tokyo-Mitsubishi UFJ (BTMU) for spoofing, submitting orders that are...
Dark trading limits to apply from March after reporting failures
*Update* The European Securities and Markets Authority (ESMA) will only apply the double volume cap (DVC) mechanism for trading European equities from March 2018,...
Carney condemns fragmentation of CCPs
By Flora McFarlane.
In his annual Mansion House speech on 20 June, Mark Carney argued against breaking up trading infrastructure, after the recent European Commission’s...
EC suspends best execution reporting which is “not read at all”
The European Commission (EC) has adopted a Capital Markets Recovery Package, as part of the Commission's overall coronavirus recovery strategy which includes increased leniency...
ESMA consultation on RTS 2 marks accelerated process
The European Securities and Markets Authority (ESMA) has launched a consultation on the development of draft regulatory technical standards to specify the pre-trade thresholds...
Market data costs in spotlight under new FCA review
The UK’s Financial Conduct Authority (FCA) has issued a call for input (CFI) to better understand how data and advanced analytics are being accessed...
