Most unstable among the three markets considered, the commercial paper market has collapsed during major financial crises, including the 2008 financial crisis and the COVID-19 crisis. The ...

The artificial intelligence industry will be large but with only a few corporations providing models such as ChatGPT, Claude and Google’s Gemini family. However, many companies will provide tools to ...

The securities industry implemented a long-overdue modernization on November 3rd with adjusted round lot definitions. This semi-annual, symbol-by-symbol categorization based on average closing prices ...

Senator Elizabeth Warren (D-MA), the Ranking Member of the Senate Banking Committee, recently issued a statement and analysis of the draft Republican market structure bill asking for major fixes. The ...

In December last year the Securities and Exchange Commission made four proposals to change US market structure. The proposals that were put for comment included updating Rule 605 which covers data ...