As the listed derivatives industry comes to terms with increased operational costs and regulatory constraints, this edition of InfoNet explores the critical role of the vendor in the market ecosystem.
CONTINUE READINGWashington, D.C.—June 9, 2015—Today, FIA Global, in cooperation with the law firms Linklaters and Milbank, Tweed, Hadley & McCloy, announced an interactive tool to compare and assess the rules of central counterparties (CCPs) within the FIA CCP Risk Review™.
CONTINUE READINGDeutsche Bank announced on April 23 that it reached joint settlements with U.K. and U.S. regulators as part of an industry-wide investigation into manipulation of interest rate benchmarks.
CONTINUE READINGJefferies Group announced on April 9 that it entered into an agreement to sell most of the futures activities of its Jefferies Bache business to Societe Generale.
CONTINUE READINGMartin Abbott, the former chief executive of the London Metal Exchange, was appointed as an independent non-executive director of Mitsui & Co. Commodity Risk Management, the London-based energy derivatives trading subsidiary of Mitsui & Co.
CONTINUE READINGPimco has warned that the Basel III capital requirements could lead to more systemic risk by driving up the cost of clearing derivatives and concentrating risk in fewer market participants.
CONTINUE READINGOn March 30, LCH.Clearnet released a white paper on stress testing for central counterparties
CONTINUE READINGOn April 21, the Commodity Futures Trading Commission and the U.S. Justice Department announced a joint action against Navinder Singh Sarao, a day trader based in London, for “unlawfully manipulating” and “spoofing” the E-mini S&P 500 futures market
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