FIA Europe joined several other trade associations representing financial institutions and commodity firms in sending a letter to the European Commission, the European Parliament and the European Securities and Markets Authority raising concerns about several aspects of Markets in Financial Instruments Directive II that could “severely affect” commodity markets.
CONTINUE READINGIn a move designed to diversify its offerings, CBOE Holdings, the parent company of the Chicago Board Options Exchange, reached an agreement in June to buy the market data services and trading analytics platforms of Livevol, a provider of options technology and market data services.
CONTINUE READINGThe Autorité des Marchés Financiers, the French regulator, in July implemented position limits for agricultural commodity derivatives.
CONTINUE READINGOn June 24 the Monetary Authority of Singapore reprimanded the Singapore Exchange for “lapses” related to two market outages last year and directed the exchange to improve its recovery capabilities and processes.
CONTINUE READINGINTL FCStone in July merged three U.S. subsidiaries, including its futures commission merchant subsidiary, into one business unit.
CONTINUE READINGIn July FIA Asia submitted comments to the Australian Securities and Investments Commission on proposed rules for mandatory clearing for OTC interest rate swaps.
CONTINUE READINGThe European Securities and Markets Authority on June 30 published its final report on draft technical standards on authorization, passporting, registration of third-country firms and cooperation between competent authorities under the Markets in Financial Instruments Directive II and the Markets and Financial Instruments Regulation.
CONTINUE READINGEESAT, a Chicago-based financial technology startup, has won an important endorsement.
CONTINUE READINGThe Australian Securities Exchange has selected Nasdaq’s Sentinel Risk Manager solution to manage real-time risk across its two clearinghouses.
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