The SEC's Jay Clayton praised assistance from industry participants in developing the access fee and other pilot proposals.
"A 3rd guiding principle is facilitating transparency. Regulations that promote public access to material information can empower investors & also can energize the competitive forces that benefit investors. In this way transparency can substantially reduce the need for overly specific and prescriptive restrictions on conduct that can impede competitive forces."
"In particular, I would like to briefly elaborate on both current and planned pilots as well as the roundtables on equity market structure that the Division of Trading and Markets anticipates holding in 2018. I will also discuss our potential rulemaking geared to help increase transparency for broker order routing and for alternative trading systems, or dark pools."
Intercontinental Exchange Inc., the owner of New York Stock Exchange, on Monday refused to rule out starting futures contracts on digital currencies, following in the footsteps of two of its rivals.
“The 5 barriers to entry for institutions getting in the crypto space, according to James Radecki: 1-global access to liquidity 2-settlement process 3-custody and security 4-research 5-uncertainty
Total worldwide volume in 2017 was 25.2 billion contracts, which was down 0.1% from the prior year. The total number of futures traded on exchange fell 6.6%, while total options volume rose 11%. In terms of categories, the trading of financial futures and options rose while trading of commodity futures and options fell.
Gap between UK and EU leverage ratios widens
The Financial Conduct Authority (FCA) said in its business plan for the coming financial year that cryptocurrencies themselves don’t come under its regulatory remit, but the use of them does.