U.S. regulators are pushing ahead with reforms to financial market benchmarks, working with the private sector to develop benchmarks for interest rate markets that could serve as alternatives to Libor.
CONTINUE READINGBOX Options Exchange is moving closer to launching its first set of options based on realized volatility.
CONTINUE READINGThe Futures Industry Association, a Washington-based trade group, today released its annual report on global trading volume.
CONTINUE READINGOver the last 18 months, a number of major Chinese banks and securities firms have beefed up their presence in futures markets outside China.
CONTINUE READINGEquity options exchange leaders discuss recent mergers and other key trends during a panel discussion at FIA Expo 2016.
CONTINUE READINGFIA and the International Swaps and Derivatives Association sent comments to the Federal Reserve Board of Governors today expressing serious concerns with proposed changes to the mandatory Banking Organization Systemic Risk Report form (FR Y-15) that would affect the treatment of client-cleared over-the-counter derivatives transactions for purposes of the capital surcharge (the G-SIB Surcharge) imposed on U.S. global systemically important banking organizations (G-SIBs).
CONTINUE READINGIn January 2018, FIA launched three new Brexit Working Groups via which FIA members can provide their direct input into FIA’s Brexit work.
CONTINUE READINGThe FIA Law and Compliance Division today published a standard notice to help firms comply with exchange rules that require clearing members to notify their omnibus customers of restrictions on access for “sanctioned parties” or similar entities under exchange rules.
CONTINUE READINGCraig Pirrong, the author of the Streetwise Professor blog, comments that “Flash Boys” is essentially a morality tale that does not capture the “true complexity” of markets or high-frequency trading.
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