Bouts of extreme volatility, record volume, and market stress hit the market in early 2020 in the wake of the COVID-19 pandemic. However, participants at an FIA Expo panel on 11 November noted that this real-world stress test of the clearing industry provided an important opportunity to identify core areas of the model that need enhancement and modernization.
CONTINUE READINGLeaders from several regional exchanges in Asia discussed their initiatives to attract more international clients at the FIA Asia conference on Dec. 4. Over the past 18 months Dalian Commodity Exchange and Shanghai Futures Exchange have opened up some of their commodity futures contracts to overseas investors. Representatives from the two exchanges said they plan to "internationalize" more contracts next year and are working to accept more currencies as margin.
CONTINUE READINGAs commodity market participants look ahead to 2020, perhaps the only thing they can be sure of is uncertainty. That was the theme at a panel discussion Dec. 4 at FIA's Asia 2019 conference in Singapore, which touched on trade tensions between the U.S. and China, shifting demand for products and the broader opening of Chinese financial and derivatives markets to the rest of the world.
CONTINUE READINGESMA has published its final technical standards (TS) on MiFID II.
CONTINUE READINGEach year, FIA invites a small number of startups to Chicago to introduce them to the banks, brokers and trading firms that attend the annual Futures and Options Expo. The purpose is to help these startups pitch their ideas to potential users in the industry, while at the same time giving industry executives an efficient way to assess the innovative solutions on offer from the global fintech community.
CONTINUE READINGOn 19 December, ESMA published its Consultation Paper on MiFID II/MiFIR and the Consultation Paper Annex B on Regulatory Technical Standards on MiFID II/MiFIR.
CONTINUE READINGToday, the European Securities and Markets Authority (ESMA) updated its list of recognised third-country central counterparties (CCPs) to include the Chicago Merchantile Exchange (CME).
CONTINUE READINGCEO, Simon Puleston Jones will be speaking in Brussels on 29 May at the European Commission’s public hearing on the EMIR review.
CONTINUE READINGThe European Commission has published its decision to grant equivalence to those designated contract markets (DCMs) in the U.S. that operate under the regulatory oversight of the CFTC, in accordance with the European Markets Infrastructure Regulation (EMIR).
CONTINUE READINGFIA forum focuses on transition to sustainable finance
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