BEAMSTART Logo

Treasury market reforms draw flak from funds and high-speed traders

Financial Times LogoFinancial Times1 mo ago

Treasury market reforms draw flak from funds and high-speed traders

Quick Summary AI Powered

The SEC is considering the proposal at a time when the largest buyer in the Treasury market, the Federal Reserve, shrinks its balance sheet.

Many of the largest high-speed traders, such as Citadel’s securities trading business along with Virtu Financial, DRW and Jump Trading have already voluntarily registered as dealers.

Under the proposed rules, firms other than mutual funds that trade more than $25bn a month in Treasuries would have to register as “dealers” with the SEC, subjecting themselves to greater capital requirements and more scrutiny.


More Pictures


or

Article Details

Author / Journalist: Kate Duguid

Category: MarketsFinanceInvesting

Topics: Treasury Trading Hedge Market Funds Regulatory Markets Traders Financial Rules

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 09:00:14

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 6 minutes read

Article Length: 919 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 22528

View Article Analysis

About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 16 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 10h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.