The comment period on the Derivatives Market Institute for Standards (DMIST) Consultation Paper on a Standard Regarding Average Pricing has been extended to October 12.
The consultation paper addresses the lack of consistency in average pricing functionality across central counterparties (CCPs). This lack of consistency impacts the timeliness of give-ups and allocations and can require manual intervention.
Any member of the public may submit a comment and all comments will be made publicly available.
DMIST was established by FIA in April 2022 as an independent standards body. Its purpose is to encourage widespread adoption of standards that will help make markets more efficient, resilient, and competitive.