People are excited about blockchain. They believe it will solve inefficiencies in everything from stocks and bonds to production and delivery of commodities. Some even claim it will end global poverty.
CONTINUE READINGAsset managers, hedge funds and other participants in the over-the-counter derivatives markets held $90 billion in collateral at U.S. clearing firms in April, a +40% increase over two years and a new record, according to FIA’s FCM Tracker. The rise in the amount of collateral indicates that market participants are clearing more of their OTC derivatives, a key goal of the post-crisis financial reforms.
CONTINUE READINGWhat started as a single running event in 2004 has expanded into a substantial program of charitable endeavours by Singapore Exchange’s staff, members and clients which has raised more than S$30 million for over 50 charities. The SGX Bull Charge Charity Run is the exchange's flagship charity initiative. Every year it brings together thousands of runners to race through the streets of the island city’s financial district to raise funds for local charities supporting underprivileged children and families, the disabled and the elderly.
CONTINUE READINGFIA President & CEO Walt Lukken testified about the reauthorization of the Commodity Futures Trading Commission (CFTC), and the state of derivative markets
CONTINUE READINGEurex is preparing to test a "passive liquidity protection" mechanism to encourage more market making in its French and German equity options market.
CONTINUE READINGOn May 22, 2014, the European Securities and Markets Authority launched the consultation process for the implementation of the recast Markets in Financial Instruments Directive (MiFID II) and Markets in Financial Instruments Regulation (MiFIR).
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