On Sept. 22, four high-level groups of international banking and market regulators released a progress report on their efforts to enhance the resilience, recovery planning and resolvability of central counterparties.
CONTINUE READINGOptions, London-based provider of high-speed exchange connectivity, announced on Sept. 17 that it has added three more European exchanges to its colocation platform, Velocity. With the addition of Nasdaq’s Scandinavian exchange, Switzerland’s SWX and Austria’s Wiener Borse, the platform now covers seven derivatives markets, 14 equity exchanges and two commodity markets in Europe.
CONTINUE READINGThe Hong Kong Monetary Authority and the Securities and Futures Commission jointly issued a consultation on introducing the first phase of mandatory clearing and the second phase of mandatory reporting.
CONTINUE READINGIn September, the Commodity Futures Trading Commission took two separate enforcement actions for violations of its wash trade rules.
CONTINUE READINGOn Sept. 28 the government of India formally unveiled the merger of the Forward Markets Commission and the Securities and Exchange Board of India.
CONTINUE READINGOn Sept. 24, FIA issued a notice summarizing the registration and reporting requirements of the EU Regulation on Wholesale Energy Markets Integrity and Transparency (REMIT).
CONTINUE READINGIn August the Commodity Futures Trading Commission issued an exemption to Australia’s ASX Clear from registering as a derivatives clearing organization.
CONTINUE READINGThe Commodity Futures Trading Commission announced enforcement actions in September against Deutsche Bank and Australia and New Zealand Banking Group for failing to properly report swap transactions.
CONTINUE READINGMore and more firms are outsourcing their trading infrastructure to external providers, creating new monitoring challenges for trading firms.
CONTINUE READINGCME Group and China Foreign Exchange Trade System, a sub-institution of the People’s Bank of China, announced on Sept. 25 an agreement to cooperate and explore ways “to promote each other’s market infrastructure and products.”
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