In this video, DTCC Managing Director and Head of Global Public Policy Mark Wetjen reflects on the Treasury flash crash of 2014 and lays out why more Treasury trading activity should involve a central counterparty.
First ReadHits & TakesBy JLN StaffToday is the Martin Luther King Jr. Day holiday in the U.S. and JLN will not be publishing its Options Newsletter today. In fact, after JLN goes out, the team has the rest of the day off, or you could say after JLN...
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After a prolonged drive to be the fastest to execute trades, more exchange operators are experimenting with speed bumps, or fractional delays in orders to trade stocks, as a new way to bolster liquidity.
If Jitesh Thakkar loses his case brought by the Enforcement Division of the CFTC, it will not be because the facts in the case are damning against him. It will be because the CFTC has bled Thakkar and his family and friends dry of the financial resources and the will to persevere. It will be because the CFTC’s tactic of drawing out the process and the costs for deposing him, former employees and even customers became too much for Thakkar to endure.