2020 was a record-breaking year for trading activity in the global exchange-traded derivatives markets, with both volume and open interest reaching all-time highs.
CONTINUE READINGTrading volume on SEFs reached $678 billion in average notional value per day during May 2020. This month had the lowest amount of trading so far in 2020. Trading was down in every category except in the non-forward rate agreement sector.
CONTINUE READINGThis Special Report is the fifth in FIA and FIA Europe’s series covering specific areas of the European Securities and Markets Authority’s (“ESMA”) consultation process for the implementation of the recast Markets in Financial Instruments Directive (“MiFID II”) and the new Markets in Financial Instruments Regulation (“MiFIR”).
CONTINUE READINGTrading volume on SEFs reached $823.7 billion in average notional value per day during April 2020. Trading was down in every category except in the forward rate agreement sector.
CONTINUE READINGTrading volume on SEFs reached $1.03 trillion in average notional value per day during March 2020, the second highest level ever recorded. Record trading occurred in every category except in the forward rate agreement sector.
CONTINUE READINGTrading volume on SEFs reached $848.5 billion in average notional value per day during February 2020. Trading was up in every category except for in the forward rate agreement sector.
CONTINUE READINGTrading volume on SEFs reached a record level of $1.1 trillion in average notional value per day during January 2020. The increase in trading volume mainly took place in the forward rate agreements sector.
CONTINUE READINGOn 2 February 2021, ISDA, FIA and FIA EPTA submitted a joint response to the European Commission’s (EC) targeted consultation on the review of the settlement and central securities depositories regulation (CSDR).
CONTINUE READINGFIA EPTA is committed to supporting policymakers in ensuring the success of the sustainable finance project at all levels of the capital market ecosystem. The consultation that the EBA has published mainly focuses on ESG risks stemming from clients and counterparties. FIA EPTA members deal with regulated parties as counterparties, perform additional screenings that may already include the necessary ESG elements, and do not have clients or manage funds, but trade on their own account and at their own risk.
CONTINUE READINGOn 2 February 2021, ISDA, FIA and FIA EPTA submitted a joint response to the European Commission’s (EC) targeted consultation on the review of the settlement and central securities depositories regulation (CSDR). The Associations outline their members’ concerns with regards to detrimental effects arising from the application of the CSDR mandatory buy-in regime for derivatives markets. The Associations request the European Commission and the co-legislators to clarify that the mandatory buy-in requirements of the CSDR settlement discipline regime do not apply in the context of margin transfers, physically settled derivatives and emission allowances.
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