MarketVoice News
-
Commodity Exposure with an Indian Flavor
Multi Commodity Exchange of India, the country's top trading venue for commodity futures, announced an agreement in July with Thomson Reuters to launch co-branded commodity indices.
CONTINUE READING -
Basel Committee Analyzes Impact of Technology Innovation
The Basel Committee on Banking Supervision released a consultative document in August on the implications of fintech for the financial sector. The report assessed how technology-driven innovation in financial services may affect both the banking industry and its supervisors, and asks for feedback on "10 key observations" about the fintech trend and related recommendations for banks and bank supervisors. The report included three case studies focused on technology developments (big data, distributed ledger technology, and cloud computing) and three on fintech business models (innovative payment services, lending platforms and neo-banks). The report also described some of the ways in which bank supervisors have responded to fintech, including the formation of accelerators and sandboxes.
CONTINUE READING -
Information Sharing: U.K. and Hong Kong Regulators to Cooperate on Cross-Border Supervision
On July 20, the Hong Kong Securities and Futures Commission and the U.K.
CONTINUE READING -
Getting It All on Tape: GreenKey Partners with Red Box for Advanced Recording Solution
New regulations are making it necessary for investment firms to capture all trade-related communications, including voice conversations.
CONTINUE READING -
FCM Bankruptcy: U.S. Appeals Court Reverses Sentinel Ruling, Restores Protections for Segregated Funds
On Aug. 14, the U.S. Court of Appeals for the Seventh Circuit issued an opinion that addressed several important questions related to the protections on customer funds.
CONTINUE READING -
Collateral Direct
LCH announced on Aug. 14 that it has introduced a new type of client account within its SwapClear service.
CONTINUE READING -
Bigger Role for ESMA
On Sept. 20, the European Commission published a package of proposals to strengthen the European system of financial supervision. The proposals aim to improve the mandates, governance and funding of the three European supervisory authorities and the functioning of the European Systemic Risk Board, which should ensure stronger and more integrated financial supervision across the EU. Key features of the proposal include:
CONTINUE READING -
Voice into Data
Although traders have been awash in data for years now, very little voice trading data has been susceptible to analysis. But last month, Cloud9 Technologies announced that it had cracked the code.
CONTINUE READING -
Protecting Market Infrastructure from Cyber Attacks
On July 10, the Singapore Ministry of Communications and Information and the Cyber Security Agency of Singapore published a proposed cybersecurity bill.
CONTINUE READING -
