As the Securities and Exchange Commission undergoes its biggest equities shake up in 18 years to bolster best execution, Wesley Bray explores what the changes could mean for institutional investors.
AFME chief says inclusion of sufficient pre-trade information has been lost in negotiations and could lead to suboptimal outcomes.
The application of artificial intelligence to financial markets has been making the headlines in recent weeks. Each day we see new articles about the countless and evolving use cases of chatbots and machine learning for trading and other varieties of capital allocation.
A recent decision from the European Parliament to ban the practice could influence regulators across the pond.
Detractors accuse the regulator of devoting unnecessary resources to a well-functioning system that benefits retail investors.
A proposal from the SEC to process retail orders through auctions could significantly harm competition, putting investors at risk of poor execution
A planned overhaul of US stock-trading rules was greeted with skepticism by some financial firms that said, essentially, “If it ain’t broke don’t fix it.”
Payment for Order Flow (PFOF) schemes are falling under increasing regulatory scrutiny for a very simple reason.
The absence of a ban on payment for order flow is in contradiction with chair Gensler’s original plans.
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