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The SEC’s equities overhaul: Necessary plumbing changes or a liquidity drain?

The TRADE

If firms can employ better technology to profitably provide tighter spreads for the most liquid securities, then we should encourage, not thwart, that evolution.” According to 606 reports gathered by the SEC, Citadel Securities forked out $2.6 billion and Virtu which spent $654 million in the same period.

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Unpacking the 20 most impact financial regulations from the last 20 years

The TRADE

In a wider sense, Basel III impacted financial market by promoting greater stability, resilience, and risk management within the banking sector. Implemented in 2021, EMIR has since impacted the financial landscape through the imposition of strict requirements on over-the-counter (OTC) derivatives transactions.