Shaping the future of finance
Today’s Financial Times has a report on algo trading, with the following line in the middle: "Last week Chi-X, an upstart platform majority-owned by Instinet Europe, marked its first anniversary by capturing almost 15 per cent of total trading in LSE-listed shares at one point during the day. A trade executed on its system takes…
Today’s Financial Times has a report on algo trading, with the following line in the middle: "Last week Chi-X, an upstart platform majority-owned by Instinet Europe, marked its first anniversary by capturing almost 15 per cent of total trading in LSE-listed shares at one point during the day. A trade executed on its system takes…
In a shocking move to quell the issues of terrorism and money laundering in Europe, the European Commission is apparently drafting the Financial Transaction Transparency Directive (FTTD), which imposes draconian laws on all European banks to release financial data to the Commission on demand. This follows the subpoena impact of the US Government on SWIFT…
In a shocking move to quell the issues of terrorism and money laundering in Europe, the European Commission is apparently drafting the Financial Transaction Transparency Directive (FTTD), which imposes draconian laws on all European banks to release financial data to the Commission on demand. This follows the subpoena impact of the US Government on SWIFT…
It almost passed under the radar but, in light of the HBOS share drop of the other day, Alastair Darling – the UK Chancellor – announced on Thursday that anyone who snitches on their mates to the FSA about colleagues who try to manipulate share prices, will be immune from prosecution themselves. This is seen…
The New York Times published the detailed proposals for Regulatory Reform for all American financial markets, from the Treasury on Saturday. The aim is to: consolidate all the regulations and authorities for everything from banking to hedge funds and private equity into three powerful overseers: a new Prudential Financial Regulator, the Federal Reserve and the…
The New York Times published the detailed proposals for Regulatory Reform for all American financial markets, from the Treasury on Saturday. The aim is to: consolidate all the regulations and authorities for everything from banking to hedge funds and private equity into three powerful overseers: a new Prudential Financial Regulator, the Federal Reserve and the…
