Has trade transparency improved in five years?
New auction methodology replicates block, algo and program trading.
SEC asks who, what and how.
Equity traders searching for block liquidity need to know their venue options.
Market participants need to adapt their trading to the realities of MiFID II, Vela writes.
Market wariness of regulatory mandates proves timeless.
New crypto dark pool looks to broaden scope of token trading.
How much off-exchange trading is too much?
Aim is to minimize leakage via routing and segmentation strategies.