Speaking at FIA Boca on 16 March, senior executives at two leading European energy exchanges warned that the cap on prices – known as the "market correction mechanism" – will distort prices and drive hedgers into other markets.
CONTINUE READINGBornTec has been a leading technology provider to capital markets since 2002. CrossCheck™ by BornTec provides real-time at-trade data visibility, alerting, analytics and automation. It creates a complete multi-asset picture of your data in real-time and leverages that golden source across front-office, risk, compliance and C-Suite. True operational resiliency is achieved at limited cost and minimal effort through our low-code automation platform.
CONTINUE READINGThe US Commodity Futures Trading Commission's Technology Advisory Committee (TAC) held a meeting on 22 March, with cyber risk a major topic of discussion.
CONTINUE READINGFIA has updated its CCP Tracker visualizations with data from the second quarter of 2022.
CONTINUE READINGLast week’s FIA Boca conference was a resounding success on many levels. A few key themes worth highlighting from this flagship event are the resilience, risk-management and technology potential of our markets.
CONTINUE READINGWorldwide 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.
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