Controversy as buy side forces U-turn on US liquidity rule
By Jonathan Weitzmann.
The liquidity risk management financial rule (Rule 22e-4) was approved on 28 June 2018 by US regulator the Securities and Exchange Commission...
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...
Ipreo positive on FCA primary market consultation
By Flora McFarlane.
Primary market platform provider Ipreo has welcomed the consultation on primary markets by UK market regulator the Financial Conduct Authority (FCA).
“The FCA’s...
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...
Ancoa goes into adminstration
Cinnober Financial Technology has acquired the assets of Ancoa Software, the UK-based market surveillance specialist company, as a going concern. Terms of the deal have...
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,...
Chinese govies step closer to collateral acceptability
Acceptance of Chinese government bonds as collateral will hinge upon rule changes around defaults. Lynn Strongin Dodds reports.
The use of Chinese government bonds as...
Bloomberg: Banks face FRTB data and modelling hurdles
Banks facing challenges in their implementation of the Fundamental Review of the Trading Book (FRTB), the rules issued by the Basel Committee for Banking...
ICMA fills in the blanks on MiFID II agreement
A new article written by the regulatory team at the International Capital Markets Association (ICMA), has shed light on details in the agreed text...
Odd-lot bond case alleges pressure on Bloomberg and collusion
In the US Southern District Court of New York, a class-action lawsuit has been brought against a group of banks, alleging that since 1...
