Financial Conduct Authority (FCA)

713 results about this entity

Period: 02 Sep 2004 - 14 Aug 2024

SEC bids to shed light on dark pools

Securities and Exchange Commission (SEC) chief Mary Schapiro says the agency is to step up its scrutiny of dark pools amid concerns about the risks posed to market transparency and integrity by the proliferation of off-exchange trading venues.

Turquoise to launch liquidity aggregation service

Bank-backed equity trading venue Turquoise is set to launch a liquidity aggregation and order routing service after getting the go-ahead from the Financial Services Authority (FSA).

FSA orders banks to reassess flu contingency planning

The Financial Services Authority has called on UK financial services firm to assess their contingency plans in light of the recent outbreak of influenza in Mexico and subsequent alerts from the World Health Organisation.

Firms face multi-million pound liquidity reporting bill

Regulatory proposals for a new liquidity reporting regime could cost the UK financial services industry up to £700 million to implement, according to estimates by Atos Consulting.

Nyfix amends Euro Millennium matching algorithm in response to FSA clampdown

Nyfix has amended the matching algorithm on its Euro Millennium dark pool to limit crossing at the mid-point of the reference market price in an effort to comply with a new interpretation of the MiFID rulebook by the UK's Financial Services Authority.

Nyfix hit by FSA dark pool ruling

Loss-making Nyfix is likely to incur further costs in the development of its Euro Millennium dark pool after it was deemed non-compliant with the latest interpretations of the MiFID rulebook by the UK's Financial Services Authority.

FSA tells banks to spend £1bn on IT to speed up compensation payouts to savers

The UK's Financial Services Authority (FSA) has called on the country's banks to spend nearly £1 billion on new IT systems to speed up the process of paying out compensation to savers if they collapse.

Investment managers call for urgent UK reform following Lehman 'chaos'

The UK's Investment Manager's Association has called for urgent reform of stock trading and settlement rules after the 'chaos' inflicted on the markets by an escalation in failed trades following the overnight collapse of Lehman Brothers.

FSA probe raises the bar for financial comparison Web sites

A Financial Services Authority (FSA) review of insurance comparison Web sites has found that many sites have made significant improvements and are consistently providing clear, fair and not misleading information, but some firms need to go further to address a few specific concerns.

Chi-X Europe gets FSA approval for proximity-based sponsored access

Multi-lateral trading facility Chi-X Europe says its trading participants can now provide their clients with a "sponsored access" direct connection to its matching engine after the Financial Services Authority (FSA) approved the move.

CFTC and FSA to lead commodities task force

The US Commodity Futures Trading Commission (CFTC) and the UK's Financial Services Authority (FSA) will head up a task force - established by the technical committee of the International Organisation of Securities Commission (IOSCO) - that will examine regulation of the commodities markets.

FSA fines mortgage lender £1.12m

The UK's Financial Services Authority (FSA) has fined mortgage provider GE Money Home Lending £1.12 million for systems and controls failings which resulted in hundreds of customers losing money.