Every three years the Bank for International Settlements releases a survey of over-the-counter derivatives markets. The survey is the most comprehensive source of information about the size and structure of these markets, and yields important insights into long-term trends in trading. In September the BIS released the data from its most recent survey, which was based on reports submitted by almost 1,300 dealers in 53 countries. That data showed a huge increase in the turnover of interest rate derivatives. Between April 2016 and April 2019, average daily turnover rose from $2.7 trillion to $6.5 trillion, an increase of 143%, an order of magnitude larger than in previous years.
CONTINUE READINGMcKay Brothers International, a provider of low latency telecommunications between financial markets, is offering what it claims is the lowest known commercial latency between Tokyo and trading centers in Shanghai and Hong Kong as it seeks to cater to speed-conscious market participants in the region.
CONTINUE READINGThe U.S. Commodity Futures Trading Commission acted on Dec. 10 to reopen the comment period on a 2016 proposal regarding capital requirements for swap dealers. Two of the CFTC's five commissioners opposed the move, however, calling instead for a more thorough rulemaking process.
CONTINUE READINGLeaders across the global derivatives industry agree: Doing the right thing is important, but the path to a sustainable future for the global economy depends on following the money, too.
CONTINUE READINGOn May 1, FIA and the FIA Principal Traders Group submitted a joint comment letter opposing overly prescriptive regulation of automated trading.
CONTINUE READINGDeutsche Börse has added market data from the Taiwan Futures Exchange to its offering, making it possible for its customers to incorporate Taifex data into their systems.
CONTINUE READINGWhen Futures For Kids was set up by a group of individuals from the futures industry in London in 2008, the objective of the foundation was to help the industry raise funds for charitable causes that help improve the lives of disadvantaged children and young adults across the world.
CONTINUE READINGThe Commodity Futures Trading Commission on Dec. 16 approved a final rule setting margin requirements for uncleared swap transactions.
CONTINUE READINGBloomberg Tradebook in December announced several upgrades to its multi-broker platform for trading futures.
CONTINUE READINGFIA joined with the Global Financial Markets Association and the International Swaps and Derivatives Association in submitting a joint response to a discussion issued by the European Securities and Markets Authority on EU financial benchmarks regulation.
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