By Justin Grant
The U.S. Securities and Exchange Commission is expanding its probe of exchange-traded funds in a bid to figure out what role they may be playing in an increasingly volatile marketplace, according to a report by Reuters.
The SEC decided to expand its investigation after a sizable trade in a large, liquid ETF failed to settle within four days, Reuters said. The news agency added that regulators in the U.S. and UK are looking into whether so-called settlement fails – when ETF transactions are not completed on time – are making the marketplace more volatile.
The investigation is also an attempt by regulators to pin down what role high-frequency trading may play in such situations. ETFs are securities that trade like stocks on an exchange, but are designed to track indexes, commodities or even baskets of assets like index funds.
u.s. securities and exchange commission, united kingdom, united states, reuters, finance, financial economics, investment, funds, financial services, index fund, futures exchange, etf securities, spdr, thomson reuters group ltd
2 days ago,(2015/01/29) - BondCube
New York, London, 28th January 2015. Effective 01/21/15, Bondcube has become a FINRA broker/dealer member. This comes on the heels of the approval of Bondcube Limit...
3 days ago,(2015/01/28) - Global Markets Exchange Group
Complementary products will provide a complete end-to-end market infrastructure ecosystem solution London, 28th January 2015. Global Markets Exchange Group Internationa...
News: KVH Delivers Ultra-Low Latency Exchange-to-Exchange Connectivity with “JPX-SGX Co-Location Direct”
3 days ago,(2015/01/28) - KVH
Tokyo, January 28, 2015 – KVH Co., Ltd., Asia’s leading Information Delivery Platform headquartered in Tokyo, Japan, today announced an agreement to launch &l...
2 days ago,(2015/01/29) - Redline Trading Solutions
WOBURN, Massachusetts – January 29, 2015 – Redline Trading Solutions, the premier provider of ultra-low latency market data and order execution systems, today anno...
15 days ago,(2015/01/16) - GATElab
GATElab, the multi-asset electronic trading systems provider, part of London Stock Exchange Group, is pleased to announce it has been accredited as a software vendor of the Mo...