On Nov. 5, FIA submitted jointly with two other trade associations, the International Swaps and Derivatives Association and the Asia Securities Industry & Financial Markets a written response to the consultation published by the Hong Kong Monetary Authority and the Securities and Futures Commission regarding the introduction of mandatory clearing of OTC derivatives, which is expected in mid-2016, and the expansion of the existing trade reporting regime.
CONTINUE READINGLCH.Clearnet is gearing up to launch Spider, a new portfolio margining tool that will reduce margin requirements for interest rate derivatives by looking for offsets between listed and over-the-counter positions.
CONTINUE READINGIn December the Reserve Bank of India issued guidelines for introduction of additional futures and options based on foreign currencies, a move that could lead to a major expansion in the volume of currency derivatives traded on India's exchanges.
CONTINUE READINGThe effective date for European Union’s new derivatives rules is more than a year away, but Orc is hard at work developing technology to help traders comply with the Markets in Financial Instruments Directive II and the new Markets in Financial Instruments Regulation.
CONTINUE READINGA one-year delay to the implementation of MiFID II/MiFIR is widely anticipated following a number of presentations and petitioning by regulatory officials at the European Securities and Markets Authority and the European Commission.
CONTINUE READINGThe Commodity Futures Trading Commission on Dec. 22 asked for public comment on draft technical specifications for how swap trades are reported.
CONTINUE READINGTwo technology vendors, GlobalRisk and Interactive Data, are collaborating on a project to help the Commodity Futures Trading Commission improve its ability to assess and monitor market risk exposures in real time.
CONTINUE READINGSmall and mid-sized banks now have an electronic marketplace to lend and borrow short-term funds.
CONTINUE READINGInteractive Data, the global financial market data platform recently acquired by Intercontinental Exchange, now includes more data on energy markets and swaps trading.
CONTINUE READINGKorea Exchange is seeking to enhance its appeal to international market participants by introducing several changes to its trading rules and technological infrastructure.
CONTINUE READING