Derivatives markets functioned normally amid record volume and unprecedented volatility in March and April, exchange executives said during a virtual discussion that took place June 23 as part of IDX-V. Panelists said they were generally very pleased with the effectiveness of price discovery and risk management functions of derivatives markets even during the most severe periods of volatility in early 2020.
CONTINUE READINGThe global pandemic gave the derivatives markets their first major test since the implementation of financial reforms that followed the 2008 financial crisis. Central counterparties in particular came under heavy pressure as markets tumbled and transaction volumes rocketed, but despite the stress they held up well, according to the heads of two leading European CCPs.
CONTINUE READINGBy any measure, 2020 created unprecedented challenges for the cleared derivatives market across many elements of the trading cycle. However, an IDX-V panel of experts in operations, market structure and clearing expressed a shared view that the global derivatives industry performed remarkably well despite the extraordinary pressures it faced over the last several months.
CONTINUE READINGIn a keynote address at IDX-V on the impact of COVID-19, CME's chief economist used recent data to paint a picture of how much uncertainty was created by the pandemic and just what it will take to achieve a full economic recovery.
CONTINUE READINGCommodities market participants discussed the resiliency of the derivatives industry during the COVID-19 pandemic, as well as lessons learned that will shape the future of commodity markets, during a wide-ranging discussion that took place as part of IDX-V on June 25.
CONTINUE READINGPanelists discuss challenges created by high order volumes and trade backlogs during the peak of market volatility
CONTINUE READINGJamila Piracci, Principal at Roos Innovations, says diverse, inclusive teams bring new ideas and perspectives to a business.
CONTINUE READINGCarl Kennedy of Katten Muchin Rosenman says senior leaders must mentor and provide advancement opportunities
CONTINUE READINGDe'Ana Dow of Capitol Counsel says the derivatives industry has improved on gender diversity but the lack of racial diversity is glaring
CONTINUE READINGPetal Walker of WilmerHale talks about her role models and the impact of unconscious bias in the industry
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