OPINION: Mark Twain and Barclays LX

Mark Twain famously said “reports of my death are greatly exaggerated.” If Twain were alive today, could he say the same about Barclays LX dark…

Exchange Technology in Focus

While some market participants and observers believe automation and speed are over-emphasized in exchange trading, there is broad agreement that on balance, technology has massively…

OTC Swap ‘Futurization’ Parsed

The ‘futurization’ of the over-the-counter swap market is progressing slowly, and how much the process accelerates over the next year will depend on factors such…

‘Tick Size’ Pilot Needs Streamlining, STA Says

A proposed pilot program to deepen liquidity in some small-capitalization stocks by widening minimum quoting and trading increments has conceptual merit, but it needs streamlining,…

MiFID II Vexes European Buy Side 

Fund managers will to change their workflows to meet best execution requirements under new trading rules in the European Union. Anthony Kirby, director and head…

Sapient Warns on Trade Reporting 

Sapient Global Markets, the consultancy, warned that regulators will be unable to identify systemic risks until there are global standards for trade reporting. In February,…

ICE’s Sprecher Talks Equity Market Structure

IntercontinentalExchange is one of the most influential market operators in the world, and chief executive Jeff Sprecher is by extension one of the more influential…

European Fund Managers Blanch at Data Costs 

Fund managers told European regulators market data fees in the region are too high in comparison to the US and pushed for a regulatory solution….

OPINION: Marketing Under Microscope

Eric Schneiderman turned heads on Wall Street late last month when the New York Attorney General sued Barclays for misrepresenting what went on in its…

Reassessing Dark Pools

Scrutiny on equity-trading venues that are out of the ‘light’ of public exchanges is ratcheting up in the wake of allegations that a prominent Wall…

Summer C-Level Series: Tony McCormick, BOX Options Exchange

What have been the main themes of your business so far this year?

Malaysia Awaits CFTC Direct-Access Approval

Average daily trading volumes at Bursa Malaysia doubled after the launch of a partnership with CME Group and could receive a similar boost if regulators…