The Bank of England on June 10 published the final report of the Fair and Effective Markets Review, a comprehensive effort by the U.K. regulatory authorities to raise standards and improve regulation for wholesale markets in fixed income, currency and commodities.
CONTINUE READINGOptions, London-based provider of high-speed exchange connectivity, announced on Sept. 17 that it has added three more European exchanges to its colocation platform, Velocity. With the addition of Nasdaq’s Scandinavian exchange, Switzerland’s SWX and Austria’s Wiener Borse, the platform now covers seven derivatives markets, 14 equity exchanges and two commodity markets in Europe.
CONTINUE READINGA district court in the Netherlands has issued a verdict in a case involving competition between two European exchanges competing in the equity derivatives markets.
CONTINUE READINGIn a decision with major implications for U.K. clearinghouses such as LCH.Clearnet and ICE Clear Europe, the General Court of the European Union issued a decision on March 4 rejecting the European Central Bank's efforts to require clearinghouses to be located in the Eurozone if they clear derivatives denominated in euros.
CONTINUE READINGIn order to assist market participants and regulators alike to cope with the unprecedented uncertainty around Brexit, Eurex Clearing, one of the world’s leading central counterparties and part of Deutsche Börse Group, has developed a partnership program.
CONTINUE READINGCME Group and Eris Exchange have entered into an exclusive licensing agreement to list the dollar-denominated interest rate swap futures developed by Eris on CME’s electronic trading platform.
CONTINUE READINGThe Commodity Futures Trading Commission announced enforcement actions in September against Deutsche Bank and Australia and New Zealand Banking Group for failing to properly report swap transactions.
CONTINUE READINGIn September, the Commodity Futures Trading Commission took two separate enforcement actions for violations of its wash trade rules.
CONTINUE READINGBGC Partners said in April that it plans to sell Trayport, the energy trading platform that is part of GFI Group, the interdealer broker that BGC bought earlier this year.
CONTINUE READINGWorldwide volume of exchange-traded derivatives was 3.09 billion contracts in the month of May, up 17.3% from the previous month and up 15.3% from May 2018.
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