On the trading floors of New York and Chicago, and on quieter desks from Greenwich to Boston, trading supervisors are reviewing surveillance reports and consulting real-time surveillance monitors as though their bonus checks depend on it—because they do. Here’s why.
IEX Group's application to become a U.S. stock exchange does not meet industry standards and regulators should not approve the upstart trading venue's request, which lacks key details on how it's so-called 'speed bump' would operate.
The U.S. Securities and Exchange Commission is investigating how the International Business Machines Corp. recognized revenue for certain deals in the United States, Britain and Ireland, IBM said on Tuesday, news that sent its shares down 4%.
U.S. regulators need to accelerate their efforts beef up the rules governing "dark pool" trading platforms to better protect investors from poor trade execution and conflicts of interest, according to a new report released Tuesday.