From more aggressive use of “cooperation factors” to extensive undertakings that impose monitors or require the use of external consultants, financial regulators have changed how they pursue and how they ultimately conclude their enforcement matters.
CONTINUE READINGRoscommon Analytics is an investment management company that uses advanced data analytics and expert trading teams to generate profits in the energy commodity markets. The US-headquartered firm operates across global energy markets, including the US power and gas markets, the European gas, power and emissions markets, and the Australian power markets, to identify and capitalize on opportunities.
CONTINUE READINGThe Commodity Futures Trading Commission's proposed guidance on voluntary carbon markets is a welcome attempt to strengthen the integrity of these markets, FIA says in a response to the proposal. However, if the CFTC intends to establish additional requirements for exchanges that list derivatives on carbon credits, it should engage in a formal rulemaking process.
CONTINUE READINGFIA has submitted a response to the FCA’s commodity consultation. The FCA proposals are based on the UK’s wholesale markets review, initiated by HM Treasury in 2021. While FIA supports FCA’s goals of promoting market integrity and resilience, it is concerned about FCA’s proposed approach to the ancillary activities exemption.
CONTINUE READINGFIA EPTA’s members support the FCA’s objectives of promoting market integrity and resilience and preventing disorderly trading and settlement in the commodity markets and our members generally welcome the proposals included in the consultation. We restrict our comments, therefore, to a limited number of issues, as set out in our response.
CONTINUE READINGAnalysis of market data from a day when a partial outage prevented liquidity providers from accessing a major pan-European exchange has revealed that their absence materially decreased volumes and increased the cost of trading.
CONTINUE READINGIn a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) urged the SEC to reject the Proposal which would reduce the current 15-Minute TRACE reporting timeframe to one minute across certain bond markets.
CONTINUE READINGFIA today announced the induction of 12 new members into the FIA Hall of Fame. The new members will be honored at an awards ceremony during FIA's annual International Futures Industry Conference in Boca Raton, Fla., on 12 March.
CONTINUE READINGWide range of end-users and financial market utilities voice concerns
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