Waters USA 2010: Self-Regulated or Over-Regulated—The Industry Must Choose

Early in the morning on December 6, Andrew Silverman, managing director and co-head of Morgan Stanley Electronic Trading (MSET), presented the standing-room-only audience at the Waters USA 2010 conference a choice as sharp as the winter weather outside: The industry must reform itself and end its Wild West behavior or it should prepare for an onslaught of over-regulation.

Silverman became aware that certain Wall Street practices were making Main Street uncomfortable when he arrived home one

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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