Appointments, promotions and other people news in the derivatives industry
CONTINUE READINGOn 6 December, the European Parliament (EP) published a study titled "The role of financial operators in the ETS market," which investigated the role of financial actors, such as banks and investors, in the EU Emissions Trading System (ETS) and their role in determining price dynamics and volatility.
CONTINUE READINGYesterday, FIA sent a letter to the Senior Supervisors Group at the Federal Reserve Bank of New York regarding their April 30 report on algorithmic trading, which focused on "how risks associated with algorithmic trading are monitored and controlled at large financial institutions during the trading day."
CONTINUE READINGTrading volume on swap execution facilities reached $776.3 billion in average notional value per day during November 2022. This was up 4.6% from the previous month but down 14% from the same month of the previous year.
CONTINUE READINGFIA has updated its CCP Tracker visualizations with data from the second quarter of 2022.
CONTINUE READINGFTX's unlawful use of customer money should not completely overshadow the groundbreaking ideas it was proposing to disrupt finance. Direct access to exchanges, auto-liquidation, real-time margining—these ideas are not going away. Whether we like it or not, these new approaches to market structure will continue to challenge our way of doing business.
CONTINUE READINGThe total amount of customer funds in futures accounts at US FCMs reached $351.7 billion in November, up 12% over the last 12 months
CONTINUE READINGFIA submitted a letter to the Department of the Treasury today in response to Executive Order 13777 which calls for feedback on regulations that should be modified or eliminated.
CONTINUE READINGBestEx Research provides high-performance execution algorithms for Futures, FX and equities. It differentiates itself from banks and brokers with its unique, systematic approach to lowering transaction costs. BestEx Research also offers its clients complimentary access to its cloud-based Algo Management System (AMS) that offers complete transparency into algorithm behavior, pre-trade analytics, real-time TCA, tools for developing custom strategies, and a backtesting solution. BestEx Research offers its algorithms directly to clients or via sponsored access through other banks.
CONTINUE READINGThe Zhengzhou Commodity Exchange and Dalian Commodity Exchange have opened several key commodity futures and options contracts to overseas traders, capping off a year that has seen China take significant steps to remove barriers to international participation.
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