On Sept. 28 the European Securities and Markets Authority published the final versions of its regulatory technical standards on three major pieces of financial reform legislation
CONTINUE READINGIHS Markit announced in April that it has acquired DeriveXperts, a provider of valuation services for OTC derivatives and other complex financial securities.
CONTINUE READINGThis past March, a group of venture capital firms and banking organizations led by BNP Paribas invested $30 million into Digital Reasoning, a privately held company based in Nashville that is emerging as one of the leaders in using artificial intelligence to analyze human communications.
CONTINUE READINGIn this issue, MarketVoice takes a look ahead at the "mega trends" affecting our industry. We asked four thought leaders—two from the regulatory world and two from the markets—to talk about the trends and issues that they see as the most important for our industry as we start the new year.
CONTINUE READINGOn 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 READINGICAP in November entered into an £1.1 billion ($1.63 USD) agreement to sell its brokerage business to Tullett Prebon. Although ICAP will retain some ownership of the combined company, the move marks a decisive shift away from ICAP's origins as a voice broker. Going forward, the company will focus primarily on two main lines of business: post-trade services and electronic markets.
CONTINUE READINGIn a move to expand services to Europe's energy markets, Intercontinental Exchange announced on Nov. 16 that it reached an agreement to acquire Trayport for $650 million.
CONTINUE READINGOn Dec. 1, the European Commission finalized the dates for implementing the first set of mandatory clearing requirements for over-the-counter derivatives.
CONTINUE READINGOn Dec. 4, President Obama signed into law a transportation bill that includes a provision removing a barrier to the sharing of data on swap trading.
CONTINUE READINGEfforts are underway in Europe and the U.S. to strengthen industry protections against attacks on computer systems.
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