Best execution
Covid Could Cause US Regulators to Rethink Surveillance
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.
The NEX Brand Slowly Disappears (Plus Market Data Fights & AI Integrations)
Anthony looks at what's become of NEX since the CME acquisition, as well as discussions over odd lot reform and S&P's Kensho implementation.
Exchanges, SEC At Odds Over Odd Lots
Industry insiders warn that the regulator’s attempts to modernize equities data by redefining trading lots will fall short of the mark if odd lot orders remain unprotected.
TradingScreen Continues OMS Expansion on the Buy Side
Vendor firm will release enhancements to allocation, pre-trade compliance, and reporting and analytics in September.
Scrutiny and Frictions Follow EMS Vendors into Fixed Income
Aggregators are facing resistance from venues and attracting the attention of regulators.
Covid-19 Reveals Need for Better Comms Plug-Ins for Traders
Traders should have real-time voice modules in trading systems and the ability to add detailed notes to replicate trading floor experience.
EU Consolidated Tape: Support Wanes With Lack of Answers
With regulators slow to answer industry questions relating to how a CT should be built and what it's for, development has slowed.
Wavelength Podcast Ep. 175: Tradeweb's Billy Hult
Duncan Wood interviews Tradeweb's Billy Hult about the changing trading landscape.
The Rise of the Algo Wheel
An examination as to how the buy side is embracing algo wheels and where the challenges still remain.
People Moves: Finastra, Luminex, Itarle, West Highland & More
A look at some of the key "people moves" over the last week, including Lisa Fiondella (pictured), who joins Finastra.
LSEG Building New Algo-Testing Tool
The exchange group is developing new regtech products while looking to move these offerings to the cloud in 2020.
Bad Clocks Block FX Best-Ex
To get a good deal in fast-moving FX markets, buy-side firms need to know the time. Some of them don’t.
Northern Trust Launches North American Outsourced Trading Desk
Northern Trust is doubling down on outsourced trading as asset managers face more margin pressures.
China Industrial Securities Taps Bloomberg for its Buy-Side Offering
Regulation and growth have pushed the investment firm to go with Bloomberg’s front-to-back suite of solutions.
Charles River Looks to Automate Fixed Income Trade Lifecycle
As part of its automation move, Charles River will also offer MarketAxess’ automated fixed-income execution capability.
Outsourcing Takes to the Front Office
Fee compression and regulations have forced some asset managers to rethink what is core to their business, including the trading desk. Enter the outsourced trading desk.
Regulators Need to Get More Involved for Wider Institutional Crypto Adoption
Caspian's Chris Jenkins says the crypto space is still struggling to attract institutional clients, who want greater regulatory guidance.
Wavelength Podcast Episode 165: Roman Ginis on Trade Execution
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.
Itarle to Open New York Office, Co-Locate at CME
The Swiss best execution and TCA provider is set to open an office in New York, and co-locate with the CME.
SEC’s Redfearn: US-Style Consolidated Tapes Won’t Solve Trading Data Needs
As European market participants bemoan the lack of a consolidated tape, a senior SEC executive debunks the idea that a pan-European tape, similar to the US, will resolve issues around data access and costs.
Goldman Sachs Exec: Markets Still Too Complex for AI Trading
Humans, and not robots, will still be required for the foreseeable future, say trading vets.
Buy-Side Firms Turn to AI for Efficiency Amid Barriers to Adoption
Assuming that automated artificial intelligence holds the key to unlocking fragmented datasets, the absence of standardized models coupled with regulatory concerns remain barriers to adoption.
Bad Education: How to Cure Cynicism Around SI Data
Amelia Axelsen investigates how buy-side cynicism of Mifid II's systematic internalizer regime could be cured through education.
Lingering Questions Remain over Mifid II
Nearly one year on from the fundamental changes to Europe’s trading rulebook brought about by Mifid II, its overall impact is still unclear. Although experts talk of greater transparency in the markets, it’s had its share of issues, some of which are…