In April, I appeared as a witness before our industry’s oversight body of the U.S. House of Representatives regarding the impact of capital and margin requirements on end-users and our industry.
CONTINUE READINGOn March 29, the Securities and Exchange Board of India issued a circular setting out the cybersecurity regulatory framework for commodity exchanges.
CONTINUE READINGOn March 23, the Hong Kong Securities and Futures Commission (SFC) issued a circular on the importance of cybersecurity following its recent review of selected licensed corporations.
CONTINUE READINGTraders now have a new way to collect raw market data and translate it into the formats they need for research and compliance: a cloud-based service introduced in April by MayStreet, a New York startup.
CONTINUE READINGEurex 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 READINGIn October, Intercontinental Exchange agreed to acquire Interactive Data for $5.2 billion, making it the third-largest data provider in global markets.
CONTINUE READINGSeveral financial technology vendors have been acquired in recent months as large IT firms have looked for ways to capitalize on structural changes in the financial markets.
CONTINUE READINGContix, a company that helps traders scan social media for market-moving information, has extended its service to commodity markets.
CONTINUE READINGOption Technology Solutions, the latest vehicle of LiquidPoint founder Tony Saliba, has joined forces with ITG, a securities broker and financial technology company, to form the Matrix Holding Group, a firm that will focus on derivatives execution and technology.
CONTINUE READINGThe 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.
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