Flash crash
Farewell, Oats: Finra announces retirement date
Finra has told firms to stop reporting trades to the Oats tape from September 1, as the SEC's Cat becomes the definitive audit trail for US securities markets activity.
Stevens Institute, Capco Lay Out Commercialization Efforts for New Artificial Exchange
The platform will initially target the HFT crowd, as well those looking to better understand market microstructure in equities.
SEC Democratic Commissioner Slams CAT Delays
Robert Jackson dissented from a new proposed order to modernize exchange data.
Could CFTC Bring Back Reg AT?
The CFTC's new chair could reopen the controversial algo-trading rules—if he gets time.
NYSE President Sees Tech as Key to Big Board's Next Evolution
A look at the massive tech projects (and legal battles) underway at the NYSE, which are being led by Stacey Cunningham.
Get the Pitchforks
While no one involved in the building of the stalled Consolidated Audit Trail is free from blame, Anthony says there are reasons to believe the CAT won’t ever materialize, regardless of the plan processor.
CAT’s Tale: How Thesys, the SROs and the SEC Mishandled the Consolidated Audit Trail
WatersTechnology investigates the torturous journey to create a stock-trading database for the US, and where the project goes from here.
Waters 25: A Look Back on the Last Two Decades
Waters examines some of the most important events in financial technology of the past 25 years.
NYSE Fined $14 Million by SEC for Reg SCI Violations
The exchange settles after multiple investigations conducted into outages and systems issues over past several years.
Five Things to Consider About Crypto SROs
The idea of self-regulation makes for a good soundbite, but the practicality of the matter leaves much to be desired.
Artificial Intelligence: From Winter to Spring
AI is experiencing a renaissance, but some are concerned that it could carry hidden risks.
GDAX Releases Framework for New Digital Assets
Digital currency exchange sets out criteria for admitting cryptocurrencies to trading.
London Stock Exchange Releases Accelerator Tool for CAT
UnaVista builds tool to simulate requirements of US markets project.
Frontier Finance: Shaky Foundations Hinder Digital Currencies
Digital currencies are going through birth pains as an asset class, but some believe they can become the next commodity of choice for traders
Latest Pound Crash Illustrates Need for Patience
Everyone wants to point the finger at something, or someone, when it comes to flash crashes, but sometimes it's not that simple.
Pound Crashes Versus Dollar, Questions Remain Around Cause
The British pound plummeted during the early hours of Asia's trading day Friday, but a clear cause of the crash has yet to be identified.
BoA Merrill Lynch Handed $12.5 Million Fine by SEC over Mini-Flash Crashes
Bank of America subsidiary fined over inadequate trading controls leading to market disruptions between 2012 and 2014.
(Still) Deconstructing the Flash Crash
As Navinder Sarao fights extradition to the US, a new research report tries to pin down the reason as to why the Flash Crash happened. In the end, though, we still only have theories.
What's the rush? The CAT is a Waiting Game Worth Playing
Dan DeFrancesco talks about why showing forbearance while waiting for the CAT might be best thing for the industry.
Letting the CAT Out of the Bag
Thomas Sporkin and Timothy Coley lay out the business and regulatory arguments in favor of implementing the Consolidated Audit Trail in the US.
GreySpark Study Yields Pre-Trade Risk Best Practices
Recently published research from London-based capital markets consultancy GreySpark Partners has yielded a number of best practices designed to help sell-side firms manage a range of risks associated with their electronic trading activities.