High-frequency trading (HFT)
Non-banks push direct liquidity streams in US Treasuries
Dealers could save millions in broker fees and transaction costs, non-banks claim
Algo trading feedback loops an urgent worry, Carney warns
Some traders don't understand risks of algos, BoE says
Riskology: Complexity economics as a future source of alpha
Advances in understanding of networks hold potential for new trading strategies for hedge funds
Interview: Zar Amrolia on liquidity provision
Former co-head of Ficc at Deutsche Bank believes non-banks will become essential source of liquidity for banks
Diffusing explosive portfolio performance evaluation of high frequency traders
This paper introduces an efficient Sharpe ratio (ESR) that diffuses explosive ASRs for HFT so that they are comparable to SRs for other actively managed funds.
US spoofing crackdown is a case of misplaced priorities
There are worse HFT practices than spoofing, yet only spoofers go to jail
CFTC spoofing crackdown poses compliance challenges
First conviction underscores concerns over "hard to define" crime
China could restrict offshore program trading in Hong Kong
Cross-border co-operation agreement already exists between CSRC and Hong Kong's SFC
CFTC's Giancarlo blames dwindling liquidity on bank regulators
Insolvency risk has been transformed to liquidity risk, says CFTC commissioner
FSOC in 'no rush' to regulate HFTs
More work to be done in understanding market structure changes, says Pinschmidt
SEC's White urges rules rethink for US Treasury venues
Current regime gives platforms easier ride on transparency
HFT's Treasury market penetration a clear concern
Dominance of opaque shops poses concentration risks
Chicago Fed official calls out CFTC, SEC over HFT regulation
“You cannot have 80% of the market being just HFT,” says Ranjan
The fast and the furious: HFT in US Treasury markets
Dealers: we're 'sitting ducks' in Treasury market overrun by HFTs
Chinese clampdown on HFT may hinder new oil contract
Foreign firms may avoid Shanghai crude futures, some participants warn
Client list reveals HFT dominance on BrokerTec
Barclays and JP Morgan only banks on list of top interdealer firms for US Treasuries
Citadel shut out of Tradeweb as it makes US Treasury move
Firm is first non-bank on Bloomberg, but primary dealer catch means it cannot join Tradeweb
Interdealer brokers need to change, say critics
“I’m just a good guy and I buy you a beer” is no longer enough
Bank swaps headlock slips as Chicago prop firms join Sefs
HTG, Teza and TransMarket emerge as would-be providers of swap liquidity
Australia probes AUD spike prior to rates decision
Australia's authorities look into sudden moves in the Aussie's value
'I caused the 2008 recession', says ex-CFTC commissioner
Bart Chilton, DLA Piper adviser, slates regulators for their role in crisis
HFT firms ‘learned a lot’ from Knight Capital loss
Automated risk systems vital, says Tower Research Capital CRO
Athena price manipulation fine highlights risks of HFT
SEC fines HFT firm $1m for using algorithms to sway Nasdaq closes
Artificial intelligence and the future of financial regulation
How intelligent machines will change the financial markets