We believe the current blanket application of CRR to banks and investment firms, without distinguishing between firms by activity or size, has a disproportionate impact on proprietary trading firms that serve as Europe’s market makers.
CONTINUE READINGFIA EPTA members have consistently supported the leading objective of the 2009 G20 Pittsburgh commitments and the subsequent EU derivatives markets reforms, which aim to ensure that trading in standardised OTC derivatives takes place on exchanges or electronic trading platforms where possible.
CONTINUE READINGHong Kong Exchanges and Clearing announced on Aug. 11 a three-phase plan to extend the trading hours for its equity index futures and options.
CONTINUE READINGOn June 22, the Hong Kong Securities and Futures Commission issued a circular to futures brokers on compliance and control issues.
CONTINUE READINGAlthough traders have been awash in data for years now, very little voice trading data has been susceptible to analysis. But last month, Cloud9 Technologies announced that it had cracked the code.
CONTINUE READINGVela Trading Technologies is on the move. In July, the New York trading and market technology firm, which was formerly known as SR Labs, announced its second acquisition in two months.
CONTINUE READINGJapan, the land of the rising sun, is home to one of the first global financial centers to open each day. But trading does not end when the sun goes down.
CONTINUE READINGOn Aug. 22 the European Commission opened a public consultation on post-trade services in financial markets, including clearing, settlement and collateral management.
CONTINUE READINGOn July 5, four international regulatory bodies issued a set of policy documents aimed at strengthening the oversight and supervision of central counterparties and protecting financial systems from a potential default.
CONTINUE READINGOn June 28, the Committee on Payments and Market Infrastructure and the International Organization of Securities Commissions released for public comment a framework to help regulators design and run supervisory stress tests for central counterparties.
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