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

The TRADE

There are some very powerful, well-entrenched special interests who will rightfully see this as a direct attack on their business models. The only people who will be negatively impacted will be those whose business models relied on abusing outmoded rules to their exclusive benefit.” What happens next?

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The 20 greatest trading innovations

The TRADE

Within SIs, banks can cross flow from their various business divisions using their central risk books without going out to the market to find the other side. In years gone by, buy-side firms have placed orders via a sell-side broker to be traded on exchange. They’re an alternative venue to the lit order books hosted by exchanges.

Trading 120
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Unpacking the 20 most impact financial regulations from the last 20 years

The TRADE

Traditionally, many securities transactions have settled on a T+2 basis, in which buyers receive ownership of a security and the seller receives payment two business days after the trade date.