The Securities and Exchange Commission now has a full set of commissioners for the first time since 2015.
CONTINUE READINGOn Nov. 1, Euronext formally renewed its clearing agreement with the Paris-based branch of LCH after extensive negotiations with LSE Group, the owner of LCH, on the terms of their relationship.
CONTINUE READINGOption Technology Solutions, the latest vehicle of LiquidPoint founder Tony Saliba, has joined forces with ITG, a securities broker and financial technology company, to form the Matrix Holding Group, a firm that will focus on derivatives execution and technology.
CONTINUE READINGThe Alternative Reference Rate Commission, a group of industry representatives convened by the Federal Reserve Bank of New York, has established a timetable for transitioning away from the use of Libor in the U.S. derivatives markets.
CONTINUE READINGOn Oct. 24, the Financial Services Agency of Japan released draft regulations and supervisory guidelines to govern "high speed trading" in Japanese markets, as mandated by legislation approved in May.
CONTINUE READINGOn Oct. 27, Intercontinental Exchange and TMX Group announced a complex transaction under which ICE will swap Trayport, a trading platform widely used in European power and gas markets, for two energyrelated businesses owned by TMX plus £350 million ($459 million) in cash.
CONTINUE READINGn Dec. 11, Hong Kong's Securities and Futures Commission issued a circular cautioning investors regarding the risks associated with bitcoin futures contracts and other cryptocurrency-related investment products and reminding financial services providers of the legal and regulatory requirements when they target customers in Hong Kong.
CONTINUE READINGFIA has released revised versions of the standard legal agreements for give-up transactions.
CONTINUE READINGThe Federal Reserve has decided to rescind a technical change in the way it calculates the CCAR stress testing calculations for large banking organizations, a decision that averts a major increase in the amount of capital required for client clearing.
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