To provide some thought-provoking insights on the future of the derivatives industry, FIA invited Jane Gladstone, an investment banker who has advised many of the leading companies in this sector, to speak at the exchange leaders breakfast at FIA’s International Futures Industry Conference in Boca Raton, Fla. this past March.
CONTINUE READINGOn April 3 James Giddens, the bankruptcy trustee overseeing the liquidation of MF Global Inc., announced a final distribution of assets he expects will fully satisfy all claims of former MF Global customers.
CONTINUE READINGThe approach to mandatory clearing of over-the-counter derivatives in Europe has not mirrored the swifter, more structured approach seen in the U.S., where the Dodd- Frank Act resulted in the start of mandatory clearing from early 2013.
CONTINUE READINGThe Senate approved the nomination of Sarah Bloom Raskin as deputy Treasury secretary.
CONTINUE READINGThe Commodity Futures Trading Commission on May 1 addressed a critical issue in the implementation of the trade execution mandate for swaps: how to handle “package trades” that involve more than one type of contract but are priced and traded as one transaction.
CONTINUE READINGConvergEx Group, a global brokerage and trading-related services provider, expanded its LiquidPoint options technology business offering of multi-leg solutions to include the NXP Dark algorithm
CONTINUE READINGThe swap market entered a new phase in February 2014 with the implementation in the U.S. of the trading requirements established by the Dodd-Frank Act. Under these requirements, trades in certain types of interest rate and credit default swaps must be executed on so-called “SEFs,” short for Swap Execution Facilities
CONTINUE READINGThe Commodity Futures Trading Commission held a roundtable on April 3 to give energy companies, asset managers and other end-users a chance to vent their frustration with a number of Dodd-Frank requirements that affect their ability to use the futures and swaps markets.
CONTINUE READINGThe Treasury options market, on the other hand, has moved much more slowly to adopt screen trading.
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