FIA EPTA members support the objectives of the MiFIR Review to enhance pre and post trade transparency in non-equity instruments. Our members believe that fully operative and genuine post-trade transparency provides significant advantages for both retail and institutional investors such as better, more reliable pricing, lower transaction costs and better liquidity across all trade sizes, including the largest sized block trades.
CONTINUE READINGTransparency is a fundamental pillar in Financial Market Infrastructures, and we recommend the LME to provide an updated Daily Price Limits (“DPL”) paper clearly outlining the impact on trading and clearing as well as general impact to market and liquidity risk.
CONTINUE READINGOn 13 February, FIA will provide remarks to the Commodity Futures Trading Commission's Energy and Environmental Markets Advisory Committee highlighting the impact that pending US bank capital proposals will have on the cleared derivatives markets.
CONTINUE READINGCharles Carey was a founder and partner of HC Technologies, formerly Henning and Carey, a commodity trading firm and clearing member of CME Group.
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