Market Structure

There is a growing interest in a venture exchange in the United States to list smaller and startup companies operating under relaxed listing and regulatory rules, and the time could be right.

Firms that moved to the Novo Mercado single-class structure experienced higher firm performance, but face continuing criticism that reforms did not eliminate the dominance of controlled companies.

Related to one of the first elements of EU’s Capital Markets Union initiative, CFA Institute proposes summary prospectus template that aims to address information overload.

Investors demand high standards of governance at public companies, but Snap’s recent listing brings up the question of how far are shareholders willing to chase gains in exchange for their votes?

Another jurisdiction has found that high-frequency trading has a mostly neutral or positive impact on market quality.

Foreign investors can now more easily gain equity exposure in China and Chinese investors can diversify into shares listed in Hong Kong.

Can modern investors learn anything from financial history? Leading academics and senior investment professionals look at the past and provide practical information for today. Categories: Market Structure

No one really knows at this point what impact President-elect Trump or the cabinet that he puts together will have on the global economy, capital markets, or financial industry.

Broad-based proposed legislation could bring wide-sweeping reforms to financial market regulation and undo Dodd–Frank and the DOL Fiduciary Rule.

The debate about whether bond market liquidity has deteriorated or not is a popular topic, and CFA Institute members had the chance to give their opinions on the subject.

Ban on payment for order flow positive for the quality of the UK market. Study finds that the proportion of retail trades executing at best quoted prices increased — a win for market integrity.

Improving efficiency and reducing costs of existing systems has become the motivation for adopting blockchain technology, and asset managers should get involved early in the implementation process.

Is shadow banking a way to get SMEs the funding they need? The EU’s policy environment, the conundrum European banks are caught in — these are issues Josina Kamerling discusses in a recent interview.

IEX got approval from the SEC on 17 June to become the 13th registered stock exchange, as of August. Can IEX bring its intended benefits to investors? Will NASDAQ challenge the SEC’s decision?

The new regulation, once agreed on, will aim at harmonizing the rules across Europe and will be directly applicable in all 28 EU Member States.