FRANKFURT/ ZURICH, July 29- Germany's Deutsche Bank and Switzerland's UBS said they were caught up in an inquiry by U.S. regulators, who are looking into whether broker-run stock exchanges gave an unfair advantage to high-frequency traders.» Read More
LONDON, June 27- Regulators are moving to shine a light on "dark pools", opaque and quasi-anonymous trading venues. New York's attorney general has filed a lawsuit against British bank Barclays relating to its dark pool, accusing it of giving an unfair edge to high-frequency traders while claiming to be protecting other clients from them.
LONDON, June 27- Barclays Plc said it is bringing in outside help to speed up an investigation into alleged misconduct in its "dark pool" operations, which have rekindled concerns that the cost of past problems at its investment bank will rise.
Mark Haefele, UBS Wealth Management, shares his thoughts on the ripple effects of central bank polices on global markets.
CNBC's Michelle Caruso-Cabrera checks out expectations for various global sectors in the second half of the year.
June 26- Big banks have started pulling their business out of Barclays' dark pool, after the British bank was sued by New York's top securities regulator for allegedly misleading institutional investors over its anonymous trading venue, The Financial times reported.
NEW YORK, June 26- Wickr, a startup founded by privacy advocates, said it has raised $30 million from investors including CME Group Inc to help develop self-destructing messaging technology for use by financial services firms and gaming companies.
LONDON, June 26- The London Stock Exchange Group unveiled the largest acquisition in its history, snapping up U.S. group Frank Russell for $2.7 billion to boost its position in the world's largest financial services market and sending its shares surging.
LONDON, June 26- The London Stock Exchange Group said it planned to acquire U.S.-based asset manager and stock exchange provider Frank Russell for $2.7 billion, with the help of a $1.6 billion rights issue, as it ramps up its U.S. presence.
NEW YORK, June 25- The New York Attorney General on Wednesday filed a securities fraud lawsuit against Barclays PLC for misrepresenting the safety of its U.S.-based alternative trading system, or "dark pool," to investors. "Barclays grew its dark pool by telling investors they were diving into safe waters," said Attorney General Eric Schneiderman.
June 25- The U.S. Securities and Exchange Commission unveiled a one-year "tick size" pilot program to let some stocks trade in five-cent increments instead of one-penny increments.
Adam Farlow, capital markets partner at Baker McKenzie, discusses the IPO of Euronext and says it has the potential of being a success.
NEW YORK, June 18- The high levels of cash that TD Ameritrade customers have been keeping in their brokerage accounts since the 2008-2009 financial collapse is on the decline, a sign of growing confidence in the U.S. stock market, company executives said at Reuters Wealth Management Summit on Wednesday.
WASHINGTON, June 17- The pricing model used by U.S. stock exchanges to attract liquidity came under fire on Tuesday, as several Wall Street executives called for ending the practice and two U.S. senators raised concerns about the potential conflicts it creates.
NEW YORK, June 16- Nasdaq OMX Group Inc lured back former Chief Financial Officer Adena Friedman as co-president with the understanding that she will succeed Chief Executive Bob Greifeld, possibly as soon as next year, sources familiar with the matter said.
*Trading algorithms no longer seen as differentiating factor. LONDON, June 12- The financial industry's multi-billion-dollar technological race for stock-market supremacy is petering out. "The algorithms today are all very similar and increasingly homogenized," said David Miller, Head of EMEA Trading at Invesco Perpetual.
PARIS, June 10- Stock market operator Euronext aims to raise between 880 million euros and 1.158 billion euros in an initial public offering, it said on Tuesday, valuing it at up to 1.75 billion euros. Euronext said it expected its IPO to be priced at 19- 25 euros per share.
WASHINGTON, June 6- U.S. securities regulators filed civil lawsuits on Friday against a private trading platform and a major brokerage firm, citing both cases as part of an agency crackdown on violations of core equity market structure rules.
NEW YORK, June 6- The U.S. Securities and Exchange Commission said on Friday it was suing the New York- based dark pool operator Liquidnet Inc for failing to safeguard confidential trading information. The SEC said Liquidnet would pay $2 million to settle the case, without admitting or denying any of its findings.
SEC'S WHITE SAYS DEVELOPING RULES TARGETING HIGH-SPEED TRADERS, DARK POOLS, BROKER INSTITUTIONAL ORDER ROUTING.
SEC'S WHITE SAYS DEVELOPING RULES TO BOLSTER TRANSPARENCY OF ALTERNATIVE TRADING VENUES SUCH AS DARK POOLS, INTERNALIZERS.