By disclosing monthly volume data and performance metrics from its alternative trading system (ATS) for US stocks, UBS can demonstrate the nature of the liquidity on its ATS and prevent miscounting and mischaracterizations of its activity, officials tell Inside Reference Data.
“We wanted to make sure we were publishing clear numbers for ourselves, the way we think they should be published,” says Charlie Susi, co-head of global direct execution in the electronic trading group at UBS. “We make a b
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails