In this op-ed, Mike Ferguson and Mike Williams at the Equity Markets Association argue that a recent transparency initiative shows that stock market infrastructure is in good hands.
A top U.S. derivatives regulator urged his counterparts at the Securities and Exchange Commission to quickly reach a decision about the status of ether, the world’s second-most-valuable cryptocurrency
Exchange operator CME Group Inc and digital-currency trading platform Crypto Facilities Ltd on Monday launched a service to provide users access to real-time ether price in dollars. The reference rate will be based on transactions and order book activity from Kraken and Bitstamp - two major cryptocurrency exchanges, the company said.
After eight years at the Chicago office of Dutch firm IMC—and in the ultracompetitive world of high-speed trading—she is responsible for making money on millions of buy-and-sell quotes offered every day.
“There is no compelling demonstrated need for a Fed-issued digital currency,” Brainard said in remarks prepared for delivery to a Fed conference in San Francisco that had not previously been publicized. “Although central bank digital currencies may be able to overcome some of the particular vulnerabilities that cryptocurrencies face, they too have significant challenges related to cybersecurity."
Coinbase, which operates the largest U.S. cryptocurrency exchange, said it would upgrade its systems with services that cater to ultrafast traders.
Its Cumberland division will now buy and sell Bitcoin, Ether and about 30 other cryptocurrencies 24 hours a day, seven days a week, lead trader Bobby Cho said in an interview.
A plan by the U.S. securities regulator to study how stock exchange pricing affects the market by creating different fee levels for different stocks and exchange-traded funds could stifle competition.
Catering to professional market makers—having professional market makers, for that matter—is probably a way to make the market better and more useful for most investors. On the other hand that’s not actually how many people think about exchanges that cater to high-frequency traders!
Oliver Harris, 29, is taking on a new role as head of crypto-assets strategy at the bank. Harris will also lead JPMorgan's Quorum project, the internal blockchain platform.
The SEC set up a website, HoweyCoins.com, that mimics a bogus coin offering to educate investors about what to look for before they invest in a scam. Anyone who clicks on “Buy Coins Now” will be led instead to investor education tools and tips from the SEC and other financial regulators.
Some 88% of exchanges were involved a in some form of sustainability initiative last year, according to the WFE.
Pretty much all of investing, no matter how you do it, is a bet. For better or worse, there have to be buyers and sellers. There can’t be people willing to risk their money to improve someone else’s chances of success, without those who are also betting on failure.
Can’t trade your cryptos fast enough? Just co-locate your servers at the giant bitcoin exchange.