Regulation

  • SEC Revives Payment for Order Flow Debate

    If PFOF is potentially curtailed or prohibited, it could impact retail investors that have benefited from commission-free trading as well as the wholesale market-maker model of matching retail orders through internalization.

    By Ivy Schmerken September 14, 2021 Insights

  • Buy-Side Pushes for Consistent ESG Data and Standard Disclosures

    Despite the boom in ESG investments, ESG metrics are not necessarily consistent across data suppliers and providers may calculate the metrics differently, according to recent industry webinars.

    By Ivy Schmerken August 9, 2021 Insights

  • Six Trends for Currency Markets

    Political shocks such as Brexit and the U.S. election of Donald Trump jolted the foreign exchange markets in 2016, fueling more trading activity for hedge funds and bank trading rooms. Uncertainty around a stronger U.S. dollar and higher interest rates could drive more volatility into 2017. FlexTrade’s Ivy Schmerken investigates.

    By Ivy Schmerken January 24, 2017 Insights

  • A Tale of Two Pilots: Maker-Taker and the Tick Pilot

    Senators conducting a hearing on U.S. equity market structure earlier this month vented their frustrations at the slow pace of regulatory change in equity market structure reforms. At the March 3 hearing, lawmakers repeatedly cited delays in developing the consolidated audit trail, or CAT system, for market-wide surveillance, questioning to what extent progress has been made.

    By Ivy Schmerken March 21, 2016 Insights