As institutional participation in cryptocurrency markets increases, traditional data vendors and new specialist crypto data providers are taking different approaches to supplying necessary data to financial firms.
Coded reporting requirements could save banks “millions” in compliance costs, bank execs say.
The US markets regulator has extended the comment deadline on a proposal to regulate Treasuries venues after it faced a storm of complaints from the public and financial industry.
A look at some of the key "people moves" from this week, including Prerak Sanghvi (pictured), who joins Clear Street as vice president of engineering.
Newly confirmed head says agency has the authority and precedent to police crypto markets.
Firms file “aggressive” motion to have legal case resolved early, saying Cusip’s operators and owners have no basis to charge for the codes.
SEC chief advocates shorter Trace reporting delay, public dissemination of Treasuries trades
Consultation on democratizing odd lots data closes next week, but more solutions to order protection concerns may be needed.
Mandatory disclosure of cyber risks and attacks could help hackers
As more firms rely on platforms like Zoom and Teams for client and workforce communications, surveillance technology providers are exploring new ways to make sure traders are compliant while working remotely.
‘Cost of Esma’ crisis for largest European regulated data reporting and publishing firms.
Market participants and industry groups are challenging the UK government’s approach to a competitive framework for the consolidated tape.
Congress is stepping into the US equity market data debate as the DC Circuit Court of Appeals considers dismissing the SEC’s initiatives.
Long timeline of executive order means international community may move faster than US lawmakers
For years, inter-dealer brokers have provided price data on the markets in which they broker trades. Now, they spy a new growth opportunity—providing tailored datasets of clients’ trading activity to help them comply with a growing and increasingly…
Conflicting time zones, potential re-papering, and weak standards are just some of the hurdles that must be overcome to move trade settlement times to T+1 or even to T+0—all potentially before Q1 2024.
New rules target a range of players in the capital markets, from broker-dealers to trading venues, and the agency could be coming for data and analytics vendors and index providers.
Firms worry that regulating a broader net of firms could unravel progress in fixed income electronification and raise costs for market participants
As data quality issues are a main impediment to a viable consolidated tape in Europe, Dutch regulator AFM has helped develop pilots in its Innovation Hub sandbox.
Days after a first class-action suit took aim at Cusip, S&P Global, the American Bankers Association, and FactSet, another plaintiff has filed a complaint alleging that the quartet of companies violated the Sherman Antitrust Act, as well as certain…
An investment bank and an asset manager have filed a class-action lawsuit against Cusip Global Services, S&P Global, the ABA and FactSet. Anthony explores some of the questions that such a suit raises.
Firms must get data management and compliance culture right if they really want to keep their books clean of crooks and sanctions-dodgers, and keep their reputations and bottom lines clean of regulatory fines.
There’s evidence that deepfakes are being used to commit fraud in the financial markets. And as scam artists become more tech savvy, financial firms will need to quickly employ new tools to protect their assets.
A complaint filed March 4 seeks judgement on whether Cusip Global Services, S&P Global, the American Bankers Association, and (now) FactSet have violated copyright laws as well as the Sherman Antitrust Act by charging hefty licensing fees to use the…