Financial Regulatory Forum

SEC faces challenges before fast-trading reforms can go on the books

June 13, 2014

By Emmanuel Olaoye, Compliance Complete

The Securities and Exchange Commission has rolled out its intentions to regulate high-frequency trading, making stricter regulation in some form a strong possibility, but the agency faces more work and some challenging obstacles before it can put new rules in the books.

ANALYSIS-Regulation may dim growth of ‘dark pools’ in Asia

August 17, 2010

By Kevin Lim and Adrian Bathgate

SINGAPORE/WELLINGTON, Aug 17 (Reuters) – “Dark pools” and other alternative trading systems are not as big a threat to Asia’s bourses as they are for their western counterparts, given regulators’ reluctance to grant them a free reign and due to structural differences in markets.

FACTBOX – How does the EU plan to shake up financial services?

April 7, 2010

BRUSSELS, April 7 (Reuters) – The European Union (EU) is embarking on an overhaul of financial services that politicians hope will send bankers back to their roots of no-frills lending to households and business.

ANALYSIS-US ‘dark pools’ marketplace may face pruning

February 25, 2010

   By Jonathan Spicer
   NEW YORK, Feb 24 (Reuters) – The surprising growth of U.S. stock trading venues is set for a pruning as regulators prepare to tighten controls on so-called dark pools and as brokers, still pinching pennies, look to narrow where they send orders. (more…)

LSE to join banks to operate Turquoise platform

February 1, 2010

LONDON, Feb 1 (Reuters) – The London Stock Exchange will join forces with banks to operate alternative trading venue Turquoise, the exchange’s chief executive said on Monday.

EU executive to target derivatives speculation

January 13, 2010

(Adds more detail on derivatives legislation)

BRUSSELS, Jan 13 (Reuters) – Speculation in commodity derivatives has been “scandalous” and needs to be regulated carefully, the European Union’s nominee for chief financial watchdog said on Wednesday.

US SEC sets market review, high-frequency probe

January 13, 2010

By Rachelle Younglai and Jonathan Spicer

WASHINGTON/NEW YORK, Jan 13 (Reuters) – U.S. securities regulators took their first stab at deciding whether rules are needed to curb high-frequency traders, whose lightning-fast computer programs now dominate equities markets.

ANALYSIS-Inefficient systems keep European brokers behind the price curve

December 18, 2009

By Jane Baird

LONDON, Dec 18 (Reuters) – Europe’s fragmenting stock markets could cost investors profits unless brokers smarten up systems that currently fail to find the best price in 15-20 percent of trades.

Bank-run dark pools see change to one U.S. SEC proposal

December 4, 2009

Two boys hold onto a rock-pool fence as they watch huge waves, whipped up by a large storm, crash onto rocks at Sydney's Narrabeen Beach.By Jonathan Spicer

NEW YORK, Dec 4 (Reuters) – Officials at two bank-run dark pools — the anonymous stock-trading venues that face sweeping rule changes — expect U.S. regulators to modify a proposal that would make it immediately clear where trading takes place.

EU regulators may take speedy action on “dark pools”

November 17, 2009

TENNIS/   FRANKFURT, Nov 17 (Reuters) – European Union securities regulators will complete their review of “dark pool” share trading venues by year end and may ask the bloc’s executive to take speedy action, a top supervisor said on Tuesday. (more…)