More trading venues face extra supervision under FCA plan
“Woolly” rules fuel concern that bulletin boards and tech providers could be swept in
A new consultation paper from the Financial Conduct Authority sets the scene for regulators to bring more trading venues under close scrutiny, according to lawyers, which could be perceived as diverging from the UK government’s post-Brexit aim of making the jurisdiction easier to navigate for financial market participants.
“The big question coming out of the consultation is whether the proposed changes are strictly clarificatory or whether the FCA is actually seeking to move the dial on which
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
IPC’s C-suite shuffle signals bigger changes for trader voice tech
Waters Wrap: After a series of personnel changes at the legacy provider, WatersTechnology examines what these moves might mean for the future of turrets and trader voice.
WatersTechnology latest edition
Check out our latest edition, plus more than 12 years of our best content.
From no chance to no brainer: Inside outsourced trading’s buy-side charm offensive
Previously regarded with hesitancy and suspicion by the buy side, four asset managers explain their reasons for embracing outsourced trading.
Band-aids vs build-outs: Best practices for exchange software migrations
Heetesh Rawal writes that legacy exchange systems are under pressure to scale to support new asset classes and greater volumes, leaving exchange operators with a stark choice: patch up outdated systems and hope for the best or embark on risky but rewarding replacement projects.
Portfolio trading vs RFQ: Understanding transaction costs in US investment-grade bonds
The MarketAxess research team explores how such factors as order size, liquidity profiles and associated costs determine whether a portfolio trade or an RFQ list trade is the optimal choice.
IEX, MEMX spar over new exchange’s now-approved infrastructure model
As more exchanges look to operate around-the-clock venues, the disagreement has put the practices of market tech infrastructure providers under a microscope.
The Waters Cooler: The Thanksgiving debrief
Maybe we shouldn’t use AI for EVERYTHING! I’m talking to YOU, Spotify!
LSEG shelves replatforming project for FX Matching venues
After EBS migration, dealers had little appetite for another major technology project
