SEC proposes regulation of high-frequency trading firms in US Treasury market
US market regulator, the Securities and Exchange Commission (SEC), has proposed regulation of high-frequency trading (HFT) firms, also referred to as proprietary trading firms...
Internal crossing for US bond trading needs ‘principles-based’ approach
Buy-side firms have roundly supported Securities and Exchange Commission (SEC) proposals to allow internal crossing of fixed income trades in the US market, however...
Negotiations begin on MiFIR/MiFID final review and consolidated tape
EU member states’ representatives have today agreed a mandate for negotiations with the European Parliament on the proposed regulation reviewing the Markets in Financial Instruments...
The UK’s PRA cites break from EU in review of capital rules for buy...
The Prudential Regulation Authority (PRA), the UK’s prudential authority for financial services, has begun reform of capital rules for insurers and banks, in its...
Details on MiFIR deferral regime still needed
A draft report published by Danuta Hübner, rapporteur for the Committee on Economic and Monetary Affairs at the European Parliament, has detailed changes to...
CFTC proposes changes to swaps reporting
The Commodity Futures Trading Commission (CFTC) has put forward two proposals, the first to amend certain rules regarding the reporting and information regulations applicable...
FILS 2022: Could ESMA ban RFQs?
The future of the request for quote (RFQ) protocol was being challenged both on and off stage at the Fixed Income Leaders’ Summit in...
Block trading investigations follow a long trend
Several investigations reported in the press are following regulatory scrutiny of block trading arrangements. The investigations reported by Bloomberg, Reuters and the Financial Times...
MiFID II: What could go wrong
Keep an eye on these potential points of failure, writes Dan Barnes.
For trading desks the impact of the new Markets in Financial Instruments Directive...
CSDR settlement regime ‘out’ as UK sets new path
The UK has halted compliance with the settlement regime of the European Central Securities Depository (CSDR) rules, which traders had fought hard against, due...
