n Dec. 11, Hong Kong's Securities and Futures Commission issued a circular cautioning investors regarding the risks associated with bitcoin futures contracts and other cryptocurrency-related investment products and reminding financial services providers of the legal and regulatory requirements when they target customers in Hong Kong.
CONTINUE READINGFIA has released revised versions of the standard legal agreements for give-up transactions.
CONTINUE READINGThe Federal Reserve has decided to rescind a technical change in the way it calculates the CCAR stress testing calculations for large banking organizations, a decision that averts a major increase in the amount of capital required for client clearing.
CONTINUE READINGThe European Commission has once again extended the transitional period relating to own funds requirements for exposures to central counterparties under the Capital Requirements Regulation by a further six months to June 15, 2018.
CONTINUE READINGOn Oct. 19, the European Securities and Markets Authority published a report on the size of the interest rate, credit, equity, commodity and foreign exchange derivatives markets in the EU.
CONTINUE READINGBeing a customer just wasn't enough. In September Deutsche Börse made a minority investment in Trifacta, a data processing firm founded in 2012.
CONTINUE READINGCQG, a leading independent provider of trading software, is introducing a new feature that is designed to allow a central trading desk at a futures broker to manage trades for multiple customers.
CONTINUE READINGOn Dec. 14, several international regulatory bodies jointly announced that they will conduct surveys of market participants as part of a broader review of the impact of the G20 reforms on clearing incentives.
CONTINUE READINGCME Group is making another run at the OTC FX market. The Chicago-based market operator recently unveiled an agreement with seven leading liquidity providers to begin using its clearing service for non-deliverable forwards and redoubled its efforts to promote the capital efficiencies that clearing can provide for FX traders.
CONTINUE READINGOn Nov. 10, China’s vice minister of finance Zhu Guangyao announced several steps to further open up China's financial industry to foreign participation.
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