BlackRock Inc on Wednesday pushed back against arguments by the New York Federal Reserve and other regulators that asset managers' securities lending operations may pose major risks to the market and may need greater oversight.
Market participants are eagerly awaiting a solution to the liquidity conundrum plaguing the corporate bond market, says TABB Group principal, Anthony Perrotta, director of fixed income research, in just-issued commentary. Execution venues are all posturing to bring forth the next big idea but now that we finally have a competitive environment in the electronic trading space in credit, all we need next is proactive and collaborative thought leadership from the investment community.
With a 40-year plus career spanning all segments of the financial industry, Bill Brodsky, Chicago Board Options Exchange executive chairman, talks about the events that shaped the modern trading landscape, his role in them, and what’s next for the industry.
An interesting thing has happened with regard to the looming fiscal cliff since the Nov. 6 presidential election results. You hear Democratic pundits downplay its importance and suggest it may not be such a bad thing