Firsts Home

Equity & Derivatives Companies, sectors, M&A and the financial industry
Reuters scoops on planned overhaul of U.S. market maker rules 07.09.2010 Reuters broke news that the U.S. SEC is pushing hard to tighten rules for market-makers to avoid a repeat of the May flash crash. Sources told Reuters on July 9 that talks between the SEC and exchanges are revolving around banning stub quotes by forcing market-making firms to quote within a 10 percent band around stocks. The changes could disrupt trading strategies and hit banks` market-making businesses. CNBC, ABC News and several industry websites picked up the Reuters story. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Reuters scoops on planned overhaul of U.S. market maker rules

07.09.2010

Reuters broke news that the U.S. SEC is pushing hard to tighten rules for market-makers to avoid a repeat of the May flash crash. Sources told Reuters on July 9 that talks between the SEC and exchanges are revolving around banning stub quotes by forcing market-making firms to quote within a 10 percent band around stocks. The changes could disrupt trading strategies and hit banks` market-making businesses. CNBC, ABC News and several industry websites picked up the Reuters story.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here