Search Results for: Dark pool
Why Our Financial System Is Like the Titanic
March 15th, 2016
The “unsinkable” global financial system is rushing headlong toward its encounter with the iceberg. Why did the Titanic sink, despite being considered unsinkable? The conventional answer is the design of its watertight compartments was flawed: the watertight bulkheads were ...
Barclays Among Bidders For TD Direct Broker
February 1st, 2016
Barclays has emerged as a surprise potential buyer of TD Direct Investing as its Canadian owner explores a sale, Sky News learns. Barclays has tabled an offer to buy TD Direct Investing, one of the UK’s biggest retail stockbroking ...
Credit Suisse, Barclays and Deutsche Bank under new management
December 28th, 2015
In 2015, new bank chief executives have been rather like buses. You wait ages while anger mounts over regulation of the service, then three turn up at once. In the space of seven months in 2015, a trio of ...
Brokers Warned Not to Steer Clients’ Stock Trades Into Slow Lane
December 15th, 2015
Brokers have been put on notice: treat your customers’ orders as well as you treat your own. The Financial Industry Regulatory Authority, Wall Street’s self-regulator, recently said firms using the fastest, most expansive price databases for their own stock trading must ...
SEC Proposes Rules to Enhance Transparency and Oversight of Alternative Trading Systems
November 20th, 2015
The Securities and Exchange Commission today announced it has voted to propose rules to enhance operational transparency and regulatory oversight of alternative trading systems (ATSs) that trade stocks listed on a national securities exchange (NMS stocks), including “dark pools.” ...
London Stock Exchange Introduces New MifID II-Ready Trading Enhancements for Block Trades
October 15th, 2015
Latest innovation to facilitate Large-in-Scale block trading New functionalities create MiFID II compliant dark liquidity for block trades on the SETS orderbook Part of wider LSEG strategy to provide MiFID II-ready solutions London Stock Exchange today announced the introduction of new ...
Why the Market Could Soar From Here
September 8th, 2015
Does the Fed really have a choice, given that the game is now for all the marbles? We all know the global economy is slowing, so why would stocks soar from here? The basic answer was articulated by Chris ...
Exchanges, Barclays win dismissal of U.S. high-frequency trading case
August 27th, 2015
Major U.S. stock exchanges and Barclays Plc on Wednesday won the dismissal of nationwide litigation in which pension funds and other investors accused them of rigging markets to benefit high-frequency traders. U.S. District Judge Jesse Furman in Manhattan said ...
ITG Says U.S. Market Share Has Plunged After Announcing SEC Fine
August 5th, 2015
Investment Technology Group Inc. said its market share has fallen by a quarter in the U.S. after revealing that it may have to pay the largest fine ever imposed on the operator of a dark pool. Read also: Investment Technology ...
JPMorgan, Simpson Sued Over Mistake in GM Loan: Business of Law
August 4th, 2015
It was only a matter of time. One of the participants in a $1.5 billion term loan that JPMorgan Chase & Co. made to General Motors Corp. before its bankruptcy is now suing the bank and its lawyers at ...
