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What is TRACE Reporting? (Part 1 of 6)

Perficient

But private prices and volume discourage market activity and hurt liquidity, and a lack of transparency can have a negative impact on bond issuers. All broker-dealers who are FINRA member firms have an obligation to report transactions in TRACE-eligible securities under an SEC-approved set of rules. Treasury Securities to TRACE.

Report 294
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How Community Financial Institutions Can Regain the Small Business Lending Market

Abrigo

CFIs are poised to regain the small business lending market Community Financial Institutions can leverage technology to improve customer experience and regain the small business lending market. Today, CFIs are uniquely positioned to regain the market. Changing Lending Environment. Small businesses are turning to small lenders.

Lending 195
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EU Eyes Single European Data Market

PYMNTS

In Europe, the continued evolution of data policies and regulation now point toward a single market across the Continent. As reported mid week, the European Commission is planning a single European market for data , in hopes that by pooling talent, the region can compete with Big Tech in Silicon Valley and China.

Data 130
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Former Restaurant Execs Seek $230M For SPAC

PYMNTS

The New York-based corporation, composed of eight experienced restaurant owners, is seeking to raise up to $230 million for a blank-check company, according to a filing with the Securities and Exchange Commission (SEC). The document says it intends to sell 23 million shares at $10 per share. to focus on the quick-service sector.

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Data Shows 42 Pct Of Small Cap US Businesses Failing To Turn Profit

PYMNTS

The number is the highest since 2010’s 44 percent, the index says. broker-dealer Strategas Securities , said the downturn was “just getting started,” and that the velocity at which the number had risen was concerning. The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss.

US 175
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Ernst & Young Under Scrutiny Over Wirecard Accounting Practices

PYMNTS

The accountancy firm, which has audited Wirecard since 2010, has been thrust into the center of the scandal around $2.1 Markus Braun, the 50-year-old Wirecard founder and CEO, was arrested this week on charges of manipulating the market and misrepresenting accounts. The island nation’s lenders, BDO Unibank Inc.

Fraud 290
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China’s Mobile Payments Market Heats Up

PYMNTS

mobile payments market , China is light years ahead, particularly when it comes to getting consumers on board with actually using mobile payments. market hasn’t quite found the recipe for. Alibaba-backed Alipay , which is part of Ant Financial, has had the stronghold over the market, with its more than 450 million users.

Mobile 103