Filings and regulatory reviews likely will have the acquisition finalized in the first half of next year.
New SEC rules aim to help manage the risks of holding illiquid investments.
The first client-cleared trades were included in a compression cycle this month.
Non-bank institutions will increasingly become providers of market liquidity.
The SEC reconsiders equities-like regulations for the electronic trading of US Treasuries.
Data-driven insights in milliseconds is no longer the stuff of science fiction.
Asia Pacific said liquidity has improved in recent years
The weekly recap of people moves around Wall Street's trading community.
The regulator looks to make the regulation more palatable but will not eliminate its most unappetising provision.