Operators of European stock markets are finding that bigger is better.
In the New Year, regulators will be counting every European stock trade to see whether a transaction took place in a dark pool or on a public exchange -- before rules capping the percentage of dark trading begin in 2018. Crucially, special rules for larger trades could keep the dark pools open and available to investors
The Securities and Exchange Commission may be about to shine a spotlight on one of the hot topics in Wall Street trading.
The Commission is seeking additional comment on a request from the New York Stock Exchange to change the fees its charges for certain connectivity services, it said in a note late last month.
Virtu Financial is in talks to trade on behalf of Union Investment, a major German asset manager, in one of the clearest signs yet that high-frequency trading is becoming widely accepted by Europe's traditional investment community.
Can you do the following: spend the morning summarising the minutiae of the EU’s incoming securities rulebook for your senior managers who don’t have the time to go through its thousands of pages, before talking a big client through the intricacies of a new trading venue over lunch, then rushing to meetings to represent your firm to regulators and on consortia projects?
Dark pools’ share of European stock trading has risen to a record, putting the traders who use them on a collision course with new regulations that will restrict buying and selling on the venues.
Dark pools -- initially meant to hide larger orders -- accounted for 9.1 percent of European equity trading in July, according to estimates compiled by broker Rosenblatt Securities Inc. That’s a 6.2 percentage point increase from the start of 2010. The dark pools’ share has climbed even as overall daily volume fell 20 percent.
New York and Ho Chi Minh City: July 25, 2016. Rosenblatt Securities, a leading US boutique brokerage, and Rong Viet Securities, one of the leading full service brokerage houses in Vietnam, are pleased to announce they have signed an exclusive arrangement to bring Vietnamese research, corporate access, execution services and capital-markets transactions to US institutional investors.
New York and Warsaw: May 16, 2016. Rosenblatt Securities, a leading US boutique brokerage, and PKO Bank Polski, one of the leading financial groups in Central and Eastern Europe (CEE) and the leader of the Polish banking sector in terms of equity, assets, number of customers and distribution network, are pleased to announce they have signed an exclusive arrangement to bring CEE research, corporate access, execution services and capital-markets transactions to US institutional investors.
Deep in the small print of new Swiss financial services law is a sign that regulation in a post-Brexit United Kingdom might be more accommodating than many experts believe.
The army of regulatory, legal and government affairs specialists in Europe's financial industry is once again earning its keep – buried under a fresh mountain of text from Brussels.
Rosenblatt Securities is pleased to announce its role as a co-manager in the Initial Public Offering of Bats Global Markets.