Reg ATS: What does the proposed expansion mean for bond trading venues?
In late January the Securities and Exchange Commission (SEC) proposed rules to bring more Alternative Trading Systems (ATS) that trade Treasuries and other government ...
Regulation & Market Structure: How the SEC and the Fed will change US bond markets in 2021
Transparency and structure is coming to the US Treasury and credit markets. The role of the Fed is changing and consequently the role of other agencies is changing to ...
Wellington: Internal crossing could have saved US$10-15 million
The Securities and Exchange Commission (SEC) sub-committee the Fixed Income Market Structure Advisory Committee (FIMSAC), has unanimously passed a proposal to support ...
Reform of TRACE reporting urged as portfolio trading rises
Portfolio trading, in which baskets of securities are exchanged with bank in single deals, has been growing in popularity as it gives certainty over execution and some ...
Traders grapple with bigger syndicates and more issuance
To handle wider syndicates and greater volumes of issuance, traders cannot rely on manual processes. Chris Hall investigates. “There has been no real improvement in ...