JP Morgan restricted from onboarding new venues and fined US$350 million

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JP Morgan has been fined US$350 million and may not onboard new trading venues without receiving prior written non-objection from the Federal Reserve Bank...
FIX-EMEA-2024_T+1 panel

FIX EMEA: Why T+1?

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The US is set to transition to T+1 on 28 May. The panel ‘Why T+1?’ at the FIX EMEA Trading Conference -- made up...

From the floor at FIX: David Pearson gives exclusive T+1 insight

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David Pearson, co-chair of the FIX global post-trade working group, gives us an exclusive insight into the FIX closed door T+1 roundtable - revealing...

FIX EMEA: UK enters challenging phase in commercial appointment for consolidated tape

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The technical management of the consolidated tape provision across Europe and the UK is a key challenge for regulators heading into 2025. The panel,...

SEC amends disclosure of order execution information rule

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The US Securities and Exchange Commission (SEC) has amended disclosure rules required under Rule 605 of Regulation NMS for order executions in national market...

FCA rules out wholesale market data action despite higher price drivers

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The UK’s Financial Conduct Authority (FCA) has published the findings of its wholesale data market study – ruling out any “significant intervention” on the...

T+1 could cost the industry $31 billion a year – with 31% of institutional...

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The biggest cost contributors include financing fees, information leakage, increased FX costs and settlement failures, according to new data from Bloomberg Intelligence – while...

UK regulator warns of crackdown on market misconduct

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The new Financial Conduct Authority (FCA) "bad cop, bad cop" duo of enforcement and market oversight have drawn up the battle lines when it...

Imandra’s ‘digital twin’ exchange solution allows firms to test resilience

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AI start-up Imandra has seen its Imandra Markets product – which creates ‘digital twins’ of exchanges to allow for testing – gain traction among...

EU: Council adopts MiFIR and MiFID II rules on market data transparency

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The Council of the European Union has adopted changes to the EU’s trading rules concerning the Markets in Financial Instruments Regulation (MiFIR) and the...