More than 25 billion futures and options contracts changed hands on exchanges around the world during 2017.
CONTINUE READINGThe FIA Law & Compliance Division webinar series continues on February 8, focusing on the latest updates on swaps trading compliance and regulations.
CONTINUE READINGEntrepreneurs, investors, and regulators realize the incredible potential of fintech to create new opportunities for and streamline financial services businesses.
CONTINUE READINGThe Netherlands Authority for the Financial Markets recently released a report on its expectations around the current and future use of internal controls for automated trading. This is an important theme for FIA EPTA and we are pleased to see that the AFM's report sets clear principles and shows the importance of industry best practice and the principles of proportionality.
CONTINUE READINGSince the introduction of automated trading, much has changed in the operation of our markets: how to improve market structure and implement safeguards has been a key topic of conversation for both market participants and regulators for some time. This is why the report by the Senior Supervisor’s Group (a group that consists mostly of Central Banks) on algorithmic and high frequency trading makes for curious reading.
CONTINUE READINGThe Bank of England has brought to the attention of mainstream audiences a topic close to our hearts: the consequences a reduction in liquidity would have on the economy.
CONTINUE READINGVerena Ross, Executive Director of ESMA, recently delivered a keynote speech to the ABA/Law Society Capital Markets Conference in London. Her speech focused on the importance of increasing transparency in MiFID II “in a manner that does not 'damage' but instead improves the functioning of the market,” making particular mention of “those instruments, such as derivatives, that are still far from being traded in a fully transparent market.”
CONTINUE READINGWith the publication of the recent Bank of England report demonstrating that high frequency trading makes pricing more accurate in the markets it seems a good time to consider not only why this is good for the markets, but why, in fact, it benefits the economy as a whole.
CONTINUE READINGt’s February 2022. MiFID II legislation has been in force for five years. Five years which have reshaped our financial market structure. How does the market look?
CONTINUE READINGA lot can change in a year. This time last year, the publication of Michael Lewis’s Flash Boys book created something of a storm.
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