On April 21, the Australian Federal Government announced its new $230m four-year cybersecurity strategy.
CONTINUE READINGCapital efficiency is now at the top of the agenda for clearing firms and their clients as a result of Basel III and other changes in the regulatory environment. How is Eurex Clearing responding to this need?
CONTINUE READINGThe Prudential Regulation Authority has proposed rules to implement the Markets in Financial Instruments Directive II and related provisions for entities under its supervisory jurisdiction, including special provisions related to algorithmic trading. PRA said its proposed rules generally mirror those proposed by the U.K.’s Financial Conduct Authority in December 2015, but reflect PRA’s different regulatory emphasis, namely ensuring the “safety and soundness” of firms it oversees, rather than preventing market abuse or disorderly conduct.
CONTINUE READINGTaiwan Futures Exchange announced on March 16 that the U.S. Securities and Exchange Commission has issued relief allowing the exchange’s index options, equity options and exchange-traded-fund options to be offered to eligible U.S. broker-dealers and institutions.
CONTINUE READINGGreen Key Technologies, a Chicago-based firm that provides voice-over-internet services designed for traders, recently announced partnerships with Trading Technologies International, a leading vendor of trading software, and Speakerbus.
CONTINUE READINGThe Treasury Department's Office of Financial Research said in its annual report released on Jan. 27 that it will monitor the financial stability of clearinghouses.
CONTINUE READINGHong Kong Exchanges and Clearing unveiled a new three-year strategic plan in January that sets ambitious goals for expanding its equity derivatives business, expanding the product services offered by the London Metal Exchange, entering the physical commodity markets in mainland China and introducing derivatives based on Chinese interest rates.
CONTINUE READINGThe Bank of England on Jan. 15 released a staff working paper studying the impact of Dodd-Frank rules requiring that certain interest rate swaps be traded on swap execution facilities.
CONTINUE READINGThe European Energy Exchange, a unit of Deutsche Boerse, has expanded eastward.
CONTINUE READINGTullett Prebon named veteran futures industry executive Nicolas Breteau (pictured) as chief commercial officer, based in London.
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