The head of the US derivatives watchdog has put forward plans for a major regulatory reform of cross-border swaps trading, after admitting the regulator’s current approach is over-expansive, complex and impractical.
Today is the final day for the trading industry and investors to submit comments on one of Securities and Exchange Commission Chair Gary Gensler's most controversial proposals: a partial overhaul of the U.S. trading sys…
The landscape for wholesale gold trading is quite complex and constantly evolving. The three most important gold trading centres are the London OTC market, the US futures market and the Shanghai Gold Exchange (SGE). The…
The Colombo Stock Exchange (CSE) of Sri Lanka has announced its decision to shorten its current settlement cycle from T+3 to T+2 for all equity transactions, a move aimed at aligning with international standards.
Wall Street broker-dealers have long been frustrated with what they say are over-the-top fees charged by stock exchange giants such as the Nasdaq and New York Stock Exchange.
For two years in a row, Europe’s largest stock-market listings have taken place in Amsterdam, which has beguiled companies with a deep pool of international investors and corporate governance norms that tilt in favour o…
JPMorgan Chase is taking a stake in a private stock trading platform with links to Palantir to boost the bank's efforts to connect buyers and sellers of hot pre-IPO company shares, CNBC has learned.
Changes in credit markets since the pandemic have had an important influence on monetary policy transmission. Lower bank funding costs relative to the cash rate, narrower lending rate spreads, and increased business cre…
With exchanges' physical trading floors empty amid concerns over the spread of the novel coronavirus, some on Wall Street are asking if they should keep their doors closed for good.
Thomson Reuters has established a new data agreement with ICAP and Tradeweb, taking on rival Bloomberg’s recent data deal with NEX BrokerTec and Tradition.
One of the world's top nickel producers faces massive losses on its short positions after prices soared over $100,000 per tonne last week and forced the London Metal Exchange to halt nickel trading.
The deal creates a leading pan-European exchange innovator with an aggregated 15% market share and access to 16 capital markets across Europe. By combining Aquis’ innovative technology with the multi-asset class service…
Federal authorities are investigating the market-making arms of Citadel and KCG Holdings, looking into the possibility that the two giants of electronic trading are giving small investors a poor deal when executing stoc…
Institutional investors and active traders are monitoring this development for its potential impact on market structure, liquidity and cross-asset flows. Positioning across equities, FX and fixed income may adjust as ne…
To nail down terms for the London Stock Exchange's expected $27 billion deal to buy Refinitiv, bankers and lawyers descended on the London office of the global law firm Freshfields Bruckhaus Deringer — pulling all-night…
NEW YORK (Reuters) - Morgan Stanley (MS.N), Fidelity Investments, Citadel Securities LLC and a host of other financial companies have agreed to jointly launch a new low-cost bourse that will compete with the New York St…
US broker and clearing firm INTL FCStone has confirmed it will rebrand to become StoneX Group shortly after completing its acquisition of online trading services provider GAIN Capital.
Finance, at its heart, is the movement of capital. It is the art of channeling idle assets to where they can generate the most value. From this perspective, the history of financial markets is, in essence, a history of …
The blow was officially landed by the European Commission who came up with a last minute requirement, on 16 February, for the London Stock Exchange (LSE) to sell its Italian bond trading platform (MTS).