Market Structure

The other matter that the Committee will consider this afternoon are the fundamental changes in trading venue management and operation, including the growth of trading ...

But I would also ask you, as I did before the last meeting, never to lose sight of the fact that our equity markets need ...

What are the goals of the Committee? In the future, how will the Committee evaluate its success? Not, how will the Commission or the Staff ...

A critical aspect of our current regulatory efforts with respect to operational integrity relates specifically to the overwhelming dominance of trading algorithms in today’s electronic ...

With the speed and complexity now inherent in securities transactions, information asymmetries are more likely to arise. Although transparency can’t solve every problem, ...

In recent years, our securities markets have undergone rapid and significant transformation. Just as with a volcano, the forces of change have largely come ...

The financial crisis, however, brought into sharp focus the tremendous risks and costs associated with a protracted settlement cycle. The need to better manage risks ...

First, the Commission should consider revising Regulation ATS to make it applicable to alternative trading systems that trade Treasuries exclusively. In addition, the Commission should ...

"We are in contact with NYSE and are closely monitoring the situation and trading in NYSE-listed stocks. While NYSE is working to resolve the situation, ...

The purpose of MRAC is to provide the Commission with market intelligence and recommendations from industry about market risk and market structure issues. Our first ...