The FCA has published the latest issue of its newsletter Market Watch (issue 56).

Market Watch is the FCA’s newsletter on market conduct and transaction reporting issues, in this issue the FCA covers:

  • observations on market abuse surveillance;
  • calibration of surveillance systems;
  • assessing the risk of market abuse;
  • fixed income surveillance;
  • firm rationales for failings; and
  • payment for Order Flow (’PFOF’).