- Stock Exchange Outages
- WTI crude futures in India
- Stock markets during lockdown
- European exchange trading hours and India
- A petty money dispute holds market to ransom
- Lessons from the Nasdaq Clearing Default
- Equity Derivatives versus Cash Equities in India
- Libor and Nash Equilibria
- Secret deals between exchanges and traders: securities fraud implications
- SEBI should be more proactive in disclosing regulatory information
- The 3 Cs of Clearing
- Regulatory priority: punish, deter or protect?
- Does Regulation Crowd out Private Ordering and Reputational Capital?
- Clearing Corporation Vulnerabilities
- Why waste taxpayer money to enforce stupid exchange rules?
- Potential self-trades are worse than actual self-trades
- Regulating Equity Crowdfunding Redux
- Regulating Equity Crowdfunding
- Liquidity support for central counterparties
- Why does SEC think that 333,251 minus 5 times 66,421 is not 1,146?
- Making margin models less procyclical
- Waiting for a national stock market in India
- High Frequency Manipulation at Futures Expiry
- Does the market close at 4:00:00 pm or at 4:00:01 pm?
- Clearing of OTC Derivatives
- Electronic Trading
- Equity markets are different
- 33 ways to control algorithmic trading
- Do regulators understand countervailing power in markets?
- CBOE 2013 versus BSE 1993
- The Baselization of CCPs
- The NASDAQ Facebook Fiasco and Open Sourcing Exchange Software
- Why exchanges should be forced to use open source software
- Liquidation efficiency of CCPs (clearing corporations)
- Parochialism of national and global exchanges
- Resolving Central Counter Parties (CCPs) by selective tear-ups
- Market microstructure: Limit orders and order flow
- Unifying initial and maintenance margins
- HKEx Clearing House Risk Management Reforms
- Incredibly lax regulation of central counterparties
- Ajay Shah on cross-border exchange mergers
- Using options to evade futures position limits
- Indian exchanges must go regional and then global
- Does the loser get to keep the name?
- Global mergers and Indian exchanges
- Stock Exchange Ownership and Competition
- Some more thoughts on the flash crash
- More on Flash Crash Report
- Flash crash report is superficial and disappointing
- Stock Exchange Regulation and Competition
- How Fast Can Traders Add and Multiply?
- Time stamping by stock exchanges
- Risk Management for Derivative Exchanges
- Lehman and the Derivative Exchanges
- More on OTC derivatives
- Regulation of OTC Derivatives
- How broken are the OTC markets?
- Pirate stock exchanges and the origin of stock exchanges
- Mumbai elections: Do machines need a holiday?
- SEC formalizes bail out of fat fingers
- Corporate OTC derivatives
- In praise of noise
- High frequency trading and rebates
- Exchange competition and governance
- Risk Management Lessons for Derivative Exchanges
- Visible benefits of margining FIIs
- More on currency futures
- Indian Currency Futures
- Deliciously timed move to margin institutions
- Unbundling derivatives clearing from trading
- OTC Equity Derivatives in India
- Manipulating Closing Prices: The randomization antidote
- Regulation of Clearing Corporations
- Risk Management at Exchanges
- Foreign Investment in Indian Exchanges
- Ownership of Exchanges in India
- US CFTC Policy on Foreign Exchanges: Lessons for India
- Another electronic platform buys out another trading floor
- UK Regulation of US Energy Markets
- Quattrone and Regulating Initial Public Offerings
- Does it take three years to register securities?
- Volatility so far has been benign
- Tobin Tax and Capital Gains
- Reliance Demerger as Backdoor Delisting
- Exchange Software Bugs Yet Again
- Trading Error at BSE, India
- Tokyo Stock Exchange Trading System: Why Not Open Source?
- T+1 Settlement of Securities Trades
- Markets, marketplaces and eBay