Views on the integrity of global capital markets
By now you have probably heard that Dell founder Michael Dell is looking to take his eponymously named company private with the help of private equity firm Silver Lake Partners. The size of the deal, at $24.4 billion, has caught the imagination of the financial media as it would represent the largest private equity buyout since the financial crisis. Read more
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A list of the top 10 most-read blog posts from the Market Integrity Insights blog in 2012. Read more
Leave a CommentWith the volume of dark liquidity growing by nearly 50% over the past three years to account for approximately a third of total volume, there is a clear shift in the equity market structure away from trading on public exchanges and toward dark, or undisplayed venues. Read more
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Over the past decade, the trend toward larger volumes of equity-market transactions taking place away from public exchanges has led to concerns about investor access and competition with the traditional exchanges. In response, CFA Institute has published Dark Pools, Internalization, and Equity Market Quality. Read more
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In the run-up to Facebook’s IPO, Matt Orsagh, CFA, examines some of the shareowner rights challenges Facebook investors would face. Read more
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Ask most anyone in Washington, DC about what to do to improve the United States’ economic condition and chances are they will say to help “small business.” Yes, a number of studies say that small and medium-sized enterprises, or SMEs, … Read more
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That’s seemingly the thrust of the NYSE’s plans to establish a “retail liquidity program.” Frustrated with its loss of market share to broker/dealer internalizers and other non-displayed trading centers, the exchange seems to want to play the internalization game itself. … Read more
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