Several exchanges are preparing to launch an array of swap futures in the coming months aimed at participants in the European swaps markets.
CONTINUE READINGNestled in a non-descript office building in the Northern Virginia suburbs of Washington, D.C. is a trading platform, Nodal Exchange, that handles nearly 14% of all U.S. power futures trading.
CONTINUE READINGEver since the dramatic rise and fall of oil prices in 2008, the CFTC has been under pressure to tighten the limits on the number of futures contracts that speculators can hold
CONTINUE READINGTim Massad, the chairman of the Commodity Futures Trading Commission, set out his approach to the regulation of swap execution facilities on Nov. 12 in a keynote speech at SEFCON, a conference sponsored by the Wholesale Markets Brokers Association.
CONTINUE READINGThe fairness and effectiveness of markets has been an issue of concern among regulators, politicians and the public at large since the financial crisis more than six years ago.
CONTINUE READINGThe Financial Stability Board, which was established by the Group of 20 leaders to coordinate the post-crisis financial reforms, reappointed Mark Carney for a second three-year term as chairman.
CONTINUE READINGCiti now provides users of its Velocity electronic trading platform with direct market access to major futures exchanges around the world.
CONTINUE READINGFIA Global in a Nov. 18 letter to the Basel Committee on Banking Supervision urged the committee to consider how segregated margin is treated in the leverage calculations that determine bank capital requirements.
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