On Feb. 9, India’s three main stock exchanges issued a statement saying they will stop licensing their stock indexes and market data to foreign exchanges and index providers in order to curtail offshore trading of equity index derivatives based in Indian stocks.
CONTINUE READINGAs global head of trading at Eaton Vance, Michael O'Brien has a front row seat on the changes in financial markets over the past decade.
CONTINUE READINGAt the highest level, 2017 looks like an unexceptional year in the global exchange traded derivatives markets.
CONTINUE READINGOn Nov. 28, Sweden's Itiviti and France's Ullink announced plans to merge their technology and market infrastructure businesses.
CONTINUE READINGTrading Technologies International, a leading independent provider of software for trading futures, has acquired Neurensic, a compliance firm that uses artificial intelligence to sniff out trading irregularities in close to real time.
CONTINUE READINGOn Nov. 14, five U.S. financial associations including FIA asked the Securities and Exchange Commission to update its broker-dealer electronic retention Rule 17a-4 by eliminating an obsolete recordkeeping requirement known as WORM (write once, read many) that was first put in place more than 20 years ago.
CONTINUE READINGOn Oct. 26, the Commodity Futures Trading Commission issued an order that will keep the swap dealer de minimis threshold at $8 billion until December 2019.
CONTINUE READINGOn Nov. 20, the Commodity Futures Trading Commission extended no-action relief for Shanghai Clearing House until the earlier of February 2018 or the date on which SCH receives exemption from registration as a derivatives clearing organization.
CONTINUE READINGJames Egan works for ABN Amro Clearing Bank as the chief commercial officer for Europe. In 2015 his 11-year-old daughter Beth was diagnosed with a type of auto-immune disease called scleroderma.
CONTINUE READINGOn Dec. 11, the Commodity Futures Trading Commission issued interpretative guidance addressing a potential compliance issue for intermediaries that do business with investment managers in Europe.
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