Proprietary trading
Law firm of the year: Cadwalader, Wickersham & Taft
US law firm proposed relief to Tob programme, and won mandate to develop rule change
CFTC spoofing crackdown poses compliance challenges
First conviction underscores concerns over "hard to define" crime
The fast and the furious: HFT in US Treasury markets
Dealers: we're 'sitting ducks' in Treasury market overrun by HFTs
Client list reveals HFT dominance on BrokerTec
Barclays and JP Morgan only banks on list of top interdealer firms for US Treasuries
Q&A: Visco of Bank of Italy on bank reforms and supervision
Splitting off prop trading would ‘complement’ EU resolution regime
Bank swaps headlock slips as Chicago prop firms join Sefs
HTG, Teza and TransMarket emerge as would-be providers of swap liquidity
Mariner Coria: the changing face of arbitrage
Fund manager exploits mispricings linked to structured products and derivatives end-user flows
Big banks claim to be ready for Volcker
Industry tying up 'last loose ends' with ban to begin on July 21
HFT firms ‘learned a lot’ from Knight Capital loss
Automated risk systems vital, says Tower Research Capital CRO
Sympathy for the arbitrageur
Life has become more difficult for arbitrageurs - and other market participants should care
Cosgrove moves into ethanol trading after GFI
Veteran oil broker becomes co-founder of ethanol prop shop
Commodity desks breathe sigh of relief over Volcker
Dodd-Frank rule seen having muted impact on market-making by banks
Volcker questions remain as metric reporting begins
Industry calls for more clarity on hedging exemption
Learning to share the swap market
Asset managers, hedge funds and proprietary trading shops all want access to platforms that currently serve dealers only - a test for rules on impartial access and, potentially, the start of a long-awaited revolution in over-the-counter markets. By…
Meet the new OTC market-makers
New swap trading platforms are often seen as a way of levering open the OTC market for a range of non-dealer market-makers – from opportunistic buy-side firms to aggressive Chicago prop shops. But how many of these firms are serious, and what difference…
Regulators “don’t give a damn” about Volcker impact, claim Republicans
A bad-tempered congressional committee hearing sees US regulators quizzed over Volcker rule costs
Volcker rule start date could be delayed
Final rule could provide blanket relief of up to 12 months, says source
Prop trading no longer an option for dealers, says Masters
Commodity businesses must have broad client base to absorb increased regulatory costs, says JP Morgan commodities head
Derivatives trader 2.0: Sun is setting on old-school risk-takers
Traders of the lost art
Risk 25 firms of the future: Citadel
OTC market-maker in waiting
CFTC's Chilton: accept Volcker rule or get out of the way
Chilton warns banks to either co-operate with regulators on the Volcker rule or get out of its way, as it is definitely happening
Volcker compliance-responsibility aspect splits legal opinion
Volcker rule requirements for chief executive compliance responsibility called into question