Worldwide volume of exchange-traded derivatives reached 8.46 billion contracts in February, the second highest level ever recorded.
CONTINUE READINGU.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 READINGDTCC’s Keisha Bell outlines the steps firms should take to drive a culture of sponsorship and create a more equitable and inclusive workplace.
CONTINUE READINGTrading volume on swap execution facilities reached $1.1 trillion in average notional value per day during February 2023. This was up 2.1% from the previous month and up 5.5% from the same month of the previous year.
CONTINUE READINGFIA has joined a group of trade associations in a response to the European Commission's call for evidence on the "Review of the scope and third-country regime of the EU Benchmarks Regulation". The associations strongly support the proposal that only systemically important EU and third-country benchmarks that have been positively designated by the European Commission should be in scope of BMR for mandatory compliance. This approach ensures the highest level of certainty and visibility for users and administrators of benchmarks. The criteria that must be satisfied in order to make a positive designation are critical and discussed in some detail in the response.
CONTINUE READINGThis podcast, and the two that accompany it, features members of the 2023 class of the FIA hall of fame. In this podcast, we feature conversations with Thomas Cashman, John Davidson and Gary DeWaal.
CONTINUE READINGBOX Options Exchange is moving closer to launching its first set of options based on realized volatility.
CONTINUE READINGThis podcast, and the two that accompany it, features members of the 2023 class of the FIA Hall of Fame. In this podcast, we feature conversations with Dan Driscoll, Scott Early and Gedon Hertshten.
CONTINUE READINGIn a letter filed with the US Securities and Exchange Commission (SEC) in response to the Amendment to the National Market System Plan Governing the Consolidated Audit Trail (CAT), the FIA Principal Traders Group (FIA PTG) urged the SEC to reject the latest proposed Funding Model. FIA PTG said the CAT requires a fundamental change to its governance and transparency model.
CONTINUE READINGKOR is a regtech software firm that provides regulated and non-regulated data and compliance post-trade tools to derivatives market participants globally.
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