FIA EPTA welcomes the opportunity to provide feedback on the proposed MiFID II Quick-fix rules in relation to research on companies seeking alternative financing. Overall, FIA EPTA members believe that the unbundling rules laid out in MiFID II removed an important source for conflicts of interest and has reinforced the independence of research. We note that the market has fully implemented and adapted to research unbundling with clients now accustomed to receiving disaggregated cost information that differentiates between costs attributable to research from those related to execution.
CONTINUE READINGWorldwide volume of exchange-traded derivatives was 3.72 billion contracts in the month of August, down 3.4% from the previous month but up 9.4% from August 2019.
CONTINUE READINGLast week, FIA submitted its response to the European Commision's EMIR Review.
CONTINUE READINGOn the 13 February 2015, FIA submitted its response to the ESMA consultation paper “Review of the technical standards on reporting under Article 9 of EMIR” The response details FIA members thoughts on improving the technical standards that underpin the EMIR trade reporting regime.
CONTINUE READINGThe Tokyo Commodity Exchange is working to draw in more trading fi rms from North America.
CONTINUE READINGOn 29 January, FIA submitted its response to the European Commission Consultation - Call for Evidence: EU Regulatory Framework for Financial Services.
CONTINUE READINGFIA submitted its response to HM Treasury’s Fair and Effective Markets Review Recommendations on Benchmarks, with proposals on seven benchmarks including the LBMA gold and silver fixes and ICE Brent Futures.
CONTINUE READINGEurex launched in February the Eurex Mobile App for both iOS and Android phones
CONTINUE READINGFIA Global announced a new service that will provide information on clearinghouse rules worldwide and help market participants assess the risks of clearing.
CONTINUE READINGPresident Obama on Nov. 12 nominated Timothy Massad, a senior Treasury Department official, to serve as chairman of the Commodity Futures Trading Commission for a term ending in April 2017
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