Tag Archives: G20

Esma Launches Emir Consultation

Michelle Price of the Financial News reported yesterday that The European Securities and Markets Authority launched its long-awaited consultation on the European Market Infrastructure Regulation – the new rules set to transform the way over-the-counter derivatives are traded and risk-managed. … Continue reading

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Wall Street Shrugs As JPMorgan Trades Lop Off $27 Billion

Bloomberg News – By Max Abelson – June 11, 2012 JPMorgan Chase & Co. (JPM) Chief Executive Officer Jamie Dimon plans to testify before Congress this week about his firm’s $2 billion trading loss. His Wall Street colleagues don’t understand … Continue reading

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Goldman Sachs May Sell a Hedge Fund Division to State Street

Bloomberg News – By Christine Harper and     Ambereen Choudhury – June 11, 2012 Goldman Sachs Group Inc. (GS), the fifth- biggest U.S. bank by assets, is in talks to sell its hedge-fund administration unit to State Street Corp. (STT), according … Continue reading

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Futures Up On Spain, But Concerns Remain

Reuters – By Ryan Vlastelica – June 11, 2012 (Reuters) – Futures rose on Monday after euro zone finance ministers agreed on an aid package to help Spain, but futures were off their highs as concerns persisted about the global … Continue reading

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Leading High-Frequency Trading Firm Makes Hong Kong Push

Financial News – By Tim Cave              June 11, 2012 Getco, one of the world’s most influential high-frequency trading and marketmaking firms, has begun trading directly on Hong Kong’s stock exchange for the first time as part of its push into … Continue reading

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Regulators Want Trades Tagging System From March

Reuters – By Huw Jones – June 8, 2012 (Reuters) – A global system to tag trades in stocks, bonds and derivatives that would help authorities spot risks and market abuse must be in place by March 2013, regulators said … Continue reading

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IOSCO Releases Report Warning that High Frequency Trading Could Distort Short-Term Prices

Golden Networking’s High Frequency Trading Leaders Forum 2011 Singapore (http://www.HFTLeadersForum.com), conference that will provide the most up-to-date overview of cutting-edge developments and insights to build a competitive advantage in high-frequency trading to investors and traders, will take place at the … Continue reading

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Europe Mulls a Major Blow To High-Frequency Traders

According to highfrequencytraders.com, EU Ministers are meeting today to discuss a transaction tax which could see high frequency trading driven out of certain markets. President Sarkozy believes proceeds from the tax could help fight poverty and climate change, but there … Continue reading

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Ultra High-Frequency Trading Needs Curbs -Global Regulators

As reported by Reuters’ Huw Jones, leaders of the world’s top 20 economies (G20) asked the International Organisation of Securities Commissions (IOSCO) to study how high frequency trading (HFT) and other computer assisted trading developments posed risks to the broader … Continue reading

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