Exchange traded funds (ETFs) are gathering momentum among European institutional investors due to lower fees, ease of use and operational simplicity compared to derivatives. In fact, firms are increasingly using ETFs instead of derivatives and as a tool for diversification and rebalancing portfolios, according to a new report ETFs in the European Institutional Channel, from… Read More >>
CFTC Charges U.K. Firm Played Key Role in Flash Crash
The CFTC is bringing enforcement actions against an individual and his firm for allegedly contributing to the May 6, 2010 Flash Crash, according to the regulator. The CFTC complaint charges U.K. resident Navinder Singh Sarao and his firm Nav Sarao Futures Limited PLC with “unlawfully manipulating, attempting to manipulate, and spoofing — all with regard… Read More >>
