The Derivatives Market Institute for Standards (DMIST) has released its annual report, outlining the progress of the organization over the last year. Most notably, DMIST released its first public consultation on a proposed standard on the timeliness of trade give-up and allocation.
DMIST was formed as an outgrowth of industry conversations following high volume and volatility in February and March 2020, at the onset of the COVID-19 pandemic. DMIST’s ultimate goal is to encourage widespread adoption of standards in the exchange traded and cleared derivatives industry that will help make markets more efficient, resilient, and competitive for all.
