sections

Sunday, 30 August 2015

Regulation

China rattles global markets

China rattles global markets

IFR 2098 29 August to 4 September 2015

A 15% two-day plunge in Chinese shares and a surprise rate cut rattled markets last week as global investors lost confidence in mainland authorities’ ability to manage the inevitable slowdown in the world’s second-biggest economy.

Electronic trading

Three As hobble SEFs

IFR 2098 29 August to 4 September 2015

The evolution of electronic derivative trading has continued its stuttering progress in recent months, with swap execution facility volumes barely growing, according to data from Isda last week. However, little further growth can be expected until long-standing structural issues are resolved, market participants say.

Market rigging case against Barclays dismissed

IFR 2098 29 August to 4 September 2015

Major US stock exchanges and Barclays have won the dismissal of nationwide litigation in which pension funds and other investors accused them of rigging markets to benefit high-frequency traders.

JP Morgan 'sanctioned' for negative report

IFR 2098 29 August to 4 September 2015

Indonesia said last Thursday it had “sanctioned” JP Morgan after the investment bank recommended smaller exposure to government bonds of South-East Asia’s biggest economy, but did not say what the sanctions entailed.

Barclays bank logo

P&M: US high-frequency trading case vs exchanges, Barclays is dismissed

26 August 2015

(Reuters) - Major US stock exchanges and Barclays Plc on Wednesday won the dismissal of nationwide litigation in which pension funds and other investors accused them of rigging markets at their expense to benefit high-frequency traders.