By Ivy Schmerken Eighteen months after MiFID II rules to unbundle research payments from executions have been in force in Europe, U.S. asset managers are dealing with uncertainty around paying for research and how to compete with global firms that adopt the EU rules. Many US asset managers are evaluating the need for increased transparency …
With the uptick in Asian currency trading and the growth of electronic trading, Singapore’s regulator is working with the financial industry to build an FX trading hub and expand FX market infrastructure, a move to improve liquidity and price discovery during Asian trading hours.
As asset managers become more data-driven in their analysis of execution quality, they are reallocating order flows among their broker-dealer relationships at a faster pace.
The proliferation of software applications on financial desktops is a sign of innovation in capital markets. But moving data from one third-party application to another is not always seamless and user interfaces (UIs) are typically different. Now there’s a push to make the desktop emulate the user experience on mobile phones where Android and iOS apps are aware of one another and share data.
Fundamental investment managers are mining alternative data, but some worry that the same data sets have been sold to too many people and the strategies may be overcrowded.
With a new contractor taking over the Consolidated Audit Trail project in March, the order-tracking system for all U.S. stock and option trading activity is pushing ahead with equities testing starting in December and a go-live date of April 2020.
Algorithmic trading has picked up steam in the corporate bond market as fixed income trading desks appear to follow the playbook of equities.
A FINRA working paper has raised concerns about broker order routing to affiliated alternative trading systems (ATSs), shedding light on order routing decisions and potential conflicts that can impact execution quality. Can a higher level of scrutiny by regulators be on the way?
Marco Bianchi, FlexTrade’s Head of Futures Business Development, discusses current trends and changes in the Derivatives markets for 2019.
Amid all the fire and fury of the battle over costs, there are signs that buy-and sell-side firms have shifted some of their execution needs for data over to consolidated market data feeds.