Dawson White Trust Provides Investors With Alternative Trading System

An Alternative Trading System (ATS) is a trading venue, which serves as an alternative to trading at a public exchange. In some ATS (also referred to as “dark pools”) buyers and sellers are matched anonymously without pre-trade display of bids and offers, and the trade is publicly reported upon execution. It is important to note that the basic function of a broker-operated ATS is an electronic manifestation of a previously manual trading process, when trading desks would first try to execute trades internally before sending the order to a public exchange. Industry reporting estimates total “dark pool” volume to be less than 10% of all stock market transactions. The vast majority of trades still occur at exchanges and ECNs.

ATS` are affiliated with registered broker-dealers and accordingly, their activities are governed by the same rules and regulations that govern broker-dealer activities generally.

Dawson White Trustsupports regulation that enhances post-trade reporting transparency for ATS`. As a first step in the effort to support enhanced public information on ATS trading activity, Dawson White TrustExecution and & Clearing, recently adopted a standardized method for counting executed trades in its ATS.

Non-displayed or “dark” orders and related trading activity are part of the price discovery process. When seeking best execution of their orders, market participants use trading tools that shift between providing displayed and non-displayed quotes, balancing the benefits of displaying a quote to achieve an execution versus not displaying a quote in an attempt to reduce market impact and potentially obtain price or size improvement on their order. All Dawson White Trust ATS trades “print” real-time to a trade reporting facility. This publicly available “time and sales” data is an integral component of price discovery, and ATS trading contributes to this in the same manner that public exchanges do.

ATS` have led to increased innovation and competition. Increased competition among trading venues has led to a broad reduction in explicit trading costs for both institutional and individual investors. For example, retail brokerages take advantage of the lower transaction fees offered by ATS` to provide low trading commission fees to their customers.

Via EPR Network
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Confused.com Reveals Unluckiest Streets And Door Numbers

It’s not easy being ‘Green’ according to new statistics from comparison site Confused.com: 27.6% of customers living on a road named Green Way have claimed on their home insurance in the last five years.

The Confused.com figures also reveal that living at house number 166 can be unlucky too: 21.9% of UK customers living at 166 have also claimed on their home insurance within the last five years.

The highest amount of cash paid out to claimants went to residents of Portland Road, where average claims exceeded £25,000, followed by Castle Street residents whose average claims came to £13,671 per resident.

Unsurprisingly the least claims were made in the more remote areas. The Scottish Borders registered the fewest claims, where the door number 7 was unluckiest. In London it’s people living behind the number 93 who might be worried as they are the ones with the highest volume of claims over the last five years, coming in at just over 19%.

The number 60 is unlucky not only for homeowners living in Central Scotland (almost 25%), but also for those who reside in the East of England where 60 is also the most likely to have had a home insurance claim, with almost 19% of the residents putting in a claim during the last five years.

Gareth Lane, home insurance expert at Confused.com, said: “As a person looking to buy a house in the near future I’ll think twice about moving into 166 Green Way. Joking aside, if these trends continue, on average more than 14 per cent of customers could claim on their home insurance in the next five years, with an average claim amount of around £2,000.

“During these hard economic times and extreme weather it’s important to find the right cover at the right price.”

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Confused.com Reveals That Nervy Brits Call For UK Driving Laws To Follow Europe

Confused.com has asked if it’s finally time for the UK’s driving laws to fall in line with Europe, with two thirds (66%) of Brits’ experiencing some form of motoring mishap when travelling abroad.

British holidaymakers have long been labelled the blight of the European holiday season, but new research from car insurance expert Confused.com, has revealed a different side to the ‘bawdy Brits’. Nearly three quarters (73%) of Britons who will drive abroad this summer have a fear of foreign roads because of confusing foreign road signs, driving habits and cross-country law changes.

Far from being a falsified phobia, the fear of driving on the continent exists for good reason. According to the research, one in five (20%) road trips from Britain to Europe end in a crash or bump, and an overwhelming two-thirds (66%) experience some form of motoring mishap.

This is worrying news for the 25% of British motorists who drive abroad each summer without checking they have adequate insurance. The current trend shows that a quarter of British motorists casually assume that their UK policy automatically covers them on foreign soil when in fact their policy may not be as comprehensive as while driving at home.

With so many blissful summer breaks turning into holiday horrors, it’s not surprising that British motorists want to alleviate their euro nightmares. Driving on the right is the number one fear for more than a third (39%) of UK drivers, and one in five of us (19%) confess to having driven on the wrong side of the road abroad.

The debate over left vs. right is intricate and complicated, and while switching the UK from left to right overnight is perhaps a step too far, the British public feel that standardising Europe’s drink-driving laws is a must, and soon.

Nearly half (47%) of Brits who have driven in Europe are strongly in favour of introducing uniform drink-driving limits. 27% believe that standardising European driving laws would reduce their chance of having an accident abroad, an opinion supported by transport expert, Benjamin Heydecker: “England and Wales are the only two countries in the EU (other than Malta) that has a legal drink-driving limit above 50mg per 100ml – 80mg. Harmonising Europe’s standards by reducing the limit to 50mg per 100 ml – which Scotland did recently – would modify drivers’ attitude to drink driving, with undisputed benefits for road safety.”

UK drivers’ lack of preparation was revealed when quizzed on the driving laws of Europe’s top-locations: 50% of Brits admitted they didn’t realise it was illegal to use a hands free kit in Spain, or that in Sweden it’s compulsory to carry antifreeze and a shovel in the car. Similarly one in ten (10%) didn’t know that drivers in Spain and Italy who wear glasses need to carry a spare pair.

Gareth Kloet, Head of Car Insurance at Confused.com, said: “As the holiday season approaches, we’re going to see more Brits heading to the continent. While driving is often the most convenient means of travel, it’s important for motorists to take the time to understand the foreign laws. Accidents can easily happen in an unfamiliar environment, so reading up and making sure you’re completely covered for the country you’re driving in is just as important as getting the right currency.”

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