Finra has told firms to stop reporting trades to the Oats tape from September 1, as the SEC's Cat becomes the definitive audit trail for US securities markets activity.
Oats reporting could be fully migrated to the Consolidated Audit Trail and the Oats system retired as early as June 30.
A summary of some of the past week's financial technology news.
Anthony previews some of the major trend topics that WatersTechnology will look to cover over the next eight months.
Nasdaq's counsel argued that the regulator does not have the power to give more votes to non-exchange organizations in the Sips' operating committees.
A look at some of the key people moves from this week, including Sabrina Bailey (pictured), who has been appointed by LSEG to lead its wealth solutions business in the US.
With traditional ratings agencies facing increased hostility from financial firms, new entrants are hoping to reshape ratings. But will fresh approaches appeal to an industry underwhelmed by existing offerings?
US competing consolidators grapple with pricing uncertainty as SEC, exchanges battle over new Sip regime
Vendors who want to provide consolidated market data under the SEC’s new system can’t make plans until they know how they are going to be charged for market data. But the fee schedules are mired in legal action and confusion.
Data security and innovation are always going to be in tension. A new plan to improve regulatory reporting might find itself facing worries over security, Jo says.
Anthony takes a look at the Consolidated Audit Trail and concerns over its security. He also touches on the rapidly changing face of the regulatory reporting marketplace.
Regulators will need biographical information to get the most out of the Consolidated Audit Trail, advisor said, as broker-dealers and exchanges argue over liability for breaches.
Support for the little guys (and girls!) of retail investing has been encouraging to witness, but when it comes to GameStop, Wei-Shen wonders what the bigger picture shows.
Trading in large, privately-held stocks has hitherto been the domain of large private equity investors. A new technology platform aims to make these markets more accessible to broker-dealers by integrating with the back-office processes that firms…
Companies like Ice are looking at ways to help municipal bond investors gain transparency into a historically opaque market.
Three fixed-income experts look back on the bond market’s liquidity crisis spurred by the pandemic’s early days, and ponder where regulation and data-quality efforts might next lead the space.
Jo is skeptical that the SEC’s finalized market data infrastructure rule will make the public market data feeds faster.
The finalized equities market infrastructure reforms will make a difference, but some market participants are calling for additional clarity.
Boston-based Changebridge Capital is using a hybrid approach to find investment opportunities in misunderstood small- and mid-cap companies.
The data provider is using natural language generation to summarize news articles and write automated stories.
The latest consultation on the market data obligations under Mifid II looks to provide better, cheaper, and more uniform access to market data. But will it be enough to standardize policies?
A look at some of the key "people moves" from this week, including Fangfang Chen as (pictured), who has been appointed Asia Pacific chair and Asia Pacific head of asset servicing and digital at BNY Mellon.
The Investors Exchange is now looking to propose a second new order type for NBBO non-mid liquidity.
After the route toward accreditation via the ISO petered out, Bloomberg is vying to establish its reference data standard as a system of record in the US, following a win in Brazil.
Not having specific requirements and procedures for firms to refer to ended up putting some funds in a tough place during the pandemic’s early days.