Next-best-fits that express a trader’s interest will become the norm and having a technology solution that can quickly and easily display the menu of options available at any one time is set to become part of the new derivatives trader’s workflow.
CONTINUE READINGCentral clearing requirements took effect in phases in the U.S., beginning with swap dealers and major swap participants in the earlier part of 2013, then commodity pools and private funds and finally other participants such as pension plans and accounts managed by third-party investment managers.
CONTINUE READINGOn Feb. 7 FIA filed a 48-page comment letter in response to the Commodity Futures Trading Commission’s proposed position limits rule, warning that the proposal would have a “negative impact” on price discovery and liquidity and would “significantly restrict” the ability of market participants to rely on derivatives markets to hedge risk.
CONTINUE READINGAfter several years of work, officials from the European Parliament and the EuropeanCouncil have finalized the revised directive on markets in financial instruments (MiFID II) and a regulation on markets in financial instruments (MiFIR).
CONTINUE READINGJanuary's agreement on the final text of MiFID II marks an important milestone in the regulation of European commodity markets.
CONTINUE READINGThe last time we looked at the annual volume data, the numbers were stunningly negative. In 2012, the total number of futures and options traded globally fell by 15.3%, the biggest annual decline in more than a decade.
CONTINUE READINGFSB Consultation on Aggregation of OTC Data
CONTINUE READINGFOA Appendix 2: Price Indices Guidelines for Price Agregators and Data Providers
CONTINUE READINGI am a very keen follower of ice speed-skating, which is a popular sport in my home country The Netherlands. Over the last few weeks I’ve watched skaters participating in World Cup races to qualify for the Sochi Olympics this week, and it occurs to me that there are some interesting parallels between this very competitive sport and the skills I learned in my career in the securities markets.
CONTINUE READINGFIA provides the CFTC with the comments and recommendations set forth below in response to the Commission’s Notice of Proposed Rulemaking concerning Position Limits for Derivatives, 78 Fed. Reg. 75680 (Dec. 12, 2013) (“Proposed Rule”).
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