Cost-cutting to stay at top of Wall Street's to-do list.
Will central clearing of Treasuries be in the cards?
Traders will have a good year against the bots.
Time to dial down all-to-all trading?
A proposed CFTC-rule interpretation may cast a long shadow.
An aggregated view of liquidity is the new must-have.
Hot cryptocurrency now trades on two Chicago exchanges.
But will settlement be a headache?
Aim is to minimize leakage via routing and segmentation strategies.