MarketVoice News
-
Technology-Neutral Regulation
On Nov. 14, five U.S. financial associations including FIA asked the Securities and Exchange Commission to update its broker-dealer electronic retention Rule 17a-4 by eliminating an obsolete recordkeeping requirement known as WORM (write once, read many) that was first put in place more than 20 years ago.
CONTINUE READING -
ICE and TMX Swap Energy Assets in Europe and North America
On Oct. 27, Intercontinental Exchange and TMX Group announced a complex transaction under which ICE will swap Trayport, a trading platform widely used in European power and gas markets, for two energyrelated businesses owned by TMX plus £350 million ($459 million) in cash.
CONTINUE READING -
Regulators Grapple with AI
On Oct. 31, the Financial Stability Board, the official body that coordinates financial regulation among the G-20 nations, published a report on the growing use of artificial intelligence and machine learning in financial services.
CONTINUE READING -
Libor Alternative: ARRC Sets 12-Month Timetable for New U.S. Benchmark
The Alternative Reference Rate Commission, a group of industry representatives convened by the Federal Reserve Bank of New York, has established a timetable for transitioning away from the use of Libor in the U.S. derivatives markets.
CONTINUE READING -
Partners in Clearing
On Nov. 1, Euronext formally renewed its clearing agreement with the Paris-based branch of LCH after extensive negotiations with LSE Group, the owner of LCH, on the terms of their relationship.
CONTINUE READING -
CQG brings "care orders" into trading platform
CQG, a leading independent provider of trading software, is introducing a new feature that is designed to allow a central trading desk at a futures broker to manage trades for multiple customers.
CONTINUE READING -
Swap Dealer Registration Relief
On Oct. 26, the Commodity Futures Trading Commission issued an order that will keep the swap dealer de minimis threshold at $8 billion until December 2019.
CONTINUE READING -
Deutsche Börse invests in data analytics
Being a customer just wasn't enough. In September Deutsche Börse made a minority investment in Trifacta, a data processing firm founded in 2012.
CONTINUE READING -
Trading Technologies places a bet on artificial intelligence
Trading Technologies International, a leading independent provider of software for trading futures, has acquired Neurensic, a compliance firm that uses artificial intelligence to sniff out trading irregularities in close to real time.
CONTINUE READING -
ESMA: EU Derivatives Markets Have Notional Value of €453 Trillion
On Oct. 19, the European Securities and Markets Authority published a report on the size of the interest rate, credit, equity, commodity and foreign exchange derivatives markets in the EU.
CONTINUE READING
