Chatham Asset Management fined for improper bond trading
The Securities and Exchange Commission (SEC) has charged New Jersey-based Chatham Asset Management and its founder, Anthony Melchiorre, in connection with improper trading of...
UK to allow shorting of government debt and sovereign CDS
The UK Government has said it will remove requirements currently placed on investors when taking out short positions in sovereign debt or sovereign credit...
FCA rules out wholesale market data action despite higher price drivers
The UK’s Financial Conduct Authority (FCA) has published the findings of its wholesale data market study – ruling out any “significant intervention” on the...
FCA tells asset managers to focus on liquidity risk after finding some firms lacking
The UK’s Financial Conduct Authority (FCA) has told asset managers to increase their focus on liquidity risk, stating gaps in liquidity management could lead...
AFME welcomes political agreement over CSDR mandatory buy-in
The Association for Financial Markets in Europe (AFME) has welcomed political agreement regarding the European Union's refit of the Central Securities Depositories Regulation (CSDR)....
Hermes Investment Management chooses IHS Markit for TCA
By Flora McFarlane.
Hermes Investment Management has chosen IHS Markit’s TCA platform ahead of incoming best execution obligations under MiFID II.
The technology provider’s TCA platform...
Bond-trading broker-dealer charged for allegedly bankrupting firm
The Securities and Exchange Commission (SEC) has charged Keith Wakefield, a former managing director and head of fixed income trading at IFS Securities, an...
Connectivity platforms report FI deals ahead of MiFID II
By Sobia Hamid.
The growth of electronic trading in fixed income is driving connectivity between trading platforms. In 2016, Greenwich Associates estimated electronic trading of...
FCA warns on permissions needed for MiFID II
By Sobia Hamid.
Firms who need to change their regulatory permissions as a result of MiFID II, in effect from 3 January 2018, are advised...
People’s Bank of China sets out northbound rules for Swap Connect
The People's Bank of China has issued interim measures to standardise the interest rate swap market between the mainland and Hong Kong, protecting investor...
