MarketVoice News
-
Leverage Limitation
On Dec. 11, the Securities and Exchange Commission voted by a 3-1 margin to issue a proposed rule limiting how much investment companies such as mutual funds and exchange-traded funds can invest in derivatives such as futures, forwards and swaps.
CONTINUE READING -
Gallery - Expo 2015
Maureen Downs of Rosenthal Collins, Kevin McClear of Intercontinental Exchange and John McPartland of the Federal Reserve Bank of Chicago discuss issues impacting the clearing model during the market structure panel.
CONTINUE READING -
Regulatory Harmonization
On Nov. 5, FIA submitted jointly with two other trade associations, the International Swaps and Derivatives Association and the Asia Securities Industry & Financial Markets a written response to the consultation published by the Hong Kong Monetary Authority and the Securities and Futures Commission regarding the introduction of mandatory clearing of OTC derivatives, which is expected in mid-2016, and the expansion of the existing trade reporting regime.
CONTINUE READING -
EMIR Implementation
On Dec. 1, the European Commission finalized the dates for implementing the first set of mandatory clearing requirements for over-the-counter derivatives.
CONTINUE READING -
MIFID readiness
The effective date for European Union’s new derivatives rules is more than a year away, but Orc is hard at work developing technology to help traders comply with the Markets in Financial Instruments Directive II and the new Markets in Financial Instruments Regulation.
CONTINUE READING -
Cross-Border Recognition
The European Securities and Markets Authority issued a consultation on Dec. 14 proposing amendments to the European Market Infrastructure Regulation that would permit a "one-day gross" approach to calculating margin requirements for exchange-traded futures and options.
CONTINUE READING -
Market Surveillance
Two technology vendors, GlobalRisk and Interactive Data, are collaborating on a project to help the Commodity Futures Trading Commission improve its ability to assess and monitor market risk exposures in real time.
CONTINUE READING -
Capital Optimization
Eurex Clearing in November launched its Prisma Margin Estimator, a free service that allows clearing members and their clients to estimate initial margins for futures, options and swaps.
CONTINUE READING -
Market Access
Korea Exchange is seeking to enhance its appeal to international market participants by introducing several changes to its trading rules and technological infrastructure.
CONTINUE READING -
MiFID Delay
A one-year delay to the implementation of MiFID II/MiFIR is widely anticipated following a number of presentations and petitioning by regulatory officials at the European Securities and Markets Authority and the European Commission.
CONTINUE READING
