When Donald Trump stunned the world last fall with his victory in the U.S. presidential election, financial markets rallied on a wave of enthusiasm for a dramatic change in Washington.
CONTINUE READINGThis year’s annual survey of derivatives exchange volumes highlights strong growth in the trading of futures and options at exchanges in China, India, Korea, Singapore and other parts of Asia.
CONTINUE READINGNew products, international certifications and increased educational efforts are set to drive growth on the Taiwan Futures Exchange, one of the top ten largest derivatives exchanges in Asia-Pacific.
CONTINUE READINGOn Feb. 1 the European Securities and Markets Authority published the framework for its 2017 stress testing exercise for central counterparties.
CONTINUE READINGAxoni, a developer of distributed ledger technology for the financial services industry, raised $18 million in capital in December in its first big round of funding from banks and venture capital investors.
CONTINUE READINGThe Autorité des Marchés Financiers, France's market regulator, announced in January that it is launching an effort to modernize its system for monitoring market activity and enhance its ability to detect, analyze and investigate suspicious activity.
CONTINUE READINGOn Feb. 17 FIA submitted a letter to the Federal Reserve Board requesting more careful study before the regulator moves forward on proposed requirements that would restrict bank activities in physical commodities.
CONTINUE READINGThe Financial Stability Board is making progress toward its goal of establishing global standards for resolving clearinghouses that have passed the point of recovery.
CONTINUE READINGThe Monetary Authority of Singapore is moving closer to allowing international clearing firms to become members of local clearinghouses without having to establish a local presence.
CONTINUE READINGThe European Commission on July 1 granted equivalence to 15 U.S.-based designated contract markets that operate under the oversight of the Commodity Futures Trading Commission.
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