Block trading has always been appealing to Buy Side participants ... At best, unfilled orders represent a ‘no benefit’ scenario, diluting the 19 BPS of filled order improvement to 0.3BPS when value ...
Japan’s Financial Services Agency ordered brokerage SMBC Nikko Securities to suspend its block trading operations for three months from Friday as part of penalties in a market manipulation case.
Block trading allows the private buying or selling ... without involving multiple orders typically required of a regular order in an exchange. Block trades may reduce the risk of slippage and ...
Block trading allows the private buying or selling of large amounts of cryptocurrency between two parties. It enables swift, single-step transactions without involving multiple orders typically ...
The SEC’s settlement order said that the respondent ... a close a long-running investigation into Morgan Stanley’s block-trading operations. The firm previously said it had been responding ...
“We are pleased to resolve these investigations and are confident in the enhancements we have made to our controls around block trading,” the bank said Friday in a statement. A former ...
Citigroup Inc. is facing potential losses of as much as A$41 million ($26 million) after it was unable to fully sell a block of shares in Australia’s Goodman Group it had underwritten for China ...
s losses on a botched trade in Australia jumped to more than A$70 million ($45 million), according to people familiar with the matter, in one of the biggest block trade debacles in Asia in recent ...