Trade execution

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/Trade execution

NY Attorney General files lawsuit over Barclays' 'toxic' dark pool

Barclays Bank has been accused of deceptively luring unwary investors to a private trading venue that was actually being run for the benefit of predatory high-frequency traders.

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The Latin American corridor for global trade

JP Cuevas, managing director, GTS - Latin American & Caribbean head, Global Banking & Markets, Bank of America Merrill Lynch talks about how Reg-NMS is affecting Latin American trade.

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Basel III and intraday liquidity

Christian Goerlach, global head of FI balance sheet & liquidity, Deutsche Bank, clears up confusion surrounding Basel III and liquidity and the effect these upcoming regulations will have on the customer.

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LME to spend £1m on tech facelift for open-outcry trading floor

The London Metal Exchange is to spend £1 million on new technology to reinvigorate trading on its 137-year old open-outcry dealing floor.

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The Reconciliation Renaissance

Neil Vernon, CTO at Gresham Computing discusses the renewed interest in the middle office following well publicised fraud events and whether we are seeing the death knell for spreadsheets.

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Liquidnet fined $2m for misusing dark pool subscriber data

Dark pool operator Liquidnet has agreed to pay $2 million to settle SEC charges that it improperly used confidential trading data from its subscribers.

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SEC chair sets out HFT and dark pool proposals

US Securities and Exchange Commission chair Mary Jo White has laid out her plans to rein in high-frequency traders and improve oversight of dark pools.

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New Canadian exchange Aequitas chooses MillenniumIT for tech platform

A new Canadian stock exchange hoping to take on TMX Group and keep out high-frequency traders has enlisted London Stock Exchange-owned MillenniumIT to build its technology platform.

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ESignal integrates Market Prophit social media analytics

Interactive Data-owned eSignal is set to give its users direct access to Market Prophit's social media sentiment and buzz indicators.

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Market Infrastructures at Sibos

Juliette Kennel, Head of Market Infrastructures, Swift, discusses what's on the agenda for the second market-infrastructures forum at Sibos.

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More data needed to crack down on algo abuse - Finra

US regulatory body Finra is currently investigating 170 separate instances of potential market abuse by algorithmic trading firms.

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Nasdaq OMX adds MasterCard spending reports to data service

Nasdaq OMX has added MasterCard's SpendingPulse and Sector Insights reports to its global data products subscription service, providing buy-side investors with access to detailed information on consumer spending activity.

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Asic hits out at 'Flash Boys' hysteria

The Australian Securities and Investment Commission (Asic) has hit out at media criticism of its apparently laissez-faire approach to high frequency trading and the 'hysteria' which has gripped the markets following the publication of Michael Lewis' damning expose of 'Flash Boy' traders.

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Instinet names Tony Necakov CTO

Electronic trading and brokerage giant Instinet has hired Bank of America Merrill Lynch's Tony Necakov as chief technology officer.

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HFT is harmful, say US market participants

More than two thirds of US financial industry participants think that the equity markets are not fair and half consider high-frequency trading harmful, according to a survey from ConvergEx Group.

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US exchange rows back on commitment to help regulate bitcoin trading platform

The National Stock Exchange (NSX) has moved to play down its relationship with Atlas ATS, insisting that it has not agreed to regulate the bitcoin trading platform.

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ICE buys Algo Technologies for Nyse overhaul - Bloomberg

IntercontinentalExchange has acquired Algo Technologies and will use the vendor's matching engine to boost the performance of the New York Stock Exchange, according to Bloomberg.

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Sifma calls for US market move to T+2

Sifma is calling for the US capital markets industry to move to a T+2 settlement lifecylce, as other markets worldwide bid to bridge the gap between trade execution and delivery of financial contracts.

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MEPs vote to curb high-frequency trading

Members of the European Parliament have voted through new rules designed to clamp down on high-frequency trading 'Flash Boys'.

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Citi launches block pricing tool on Bloomberg app portal

Citi has become the first broker to use the Bloomberg App Portal to deploy an application to clients around the world.