The recent troubles at the Korea Exchange have highlighted the urgent need for all of us in this industry to focus on global standards for clearinghouse risk.
CONTINUE READINGWhen the European Commission launched its proposals to reform MiFID in October 2011, part of the reason was to implement some of the key principles of the reform program set out by the G20 leaders in response to the global financial crisis.
CONTINUE READINGNext-best-fits that express a trader’s interest will become the norm and having a technology solution that can quickly and easily display the menu of options available at any one time is set to become part of the new derivatives trader’s workflow.
CONTINUE READINGEurex launched in February the Eurex Mobile App for both iOS and Android phones
CONTINUE READINGCentral clearing requirements took effect in phases in the U.S., beginning with swap dealers and major swap participants in the earlier part of 2013, then commodity pools and private funds and finally other participants such as pension plans and accounts managed by third-party investment managers.
CONTINUE READINGThe last time we looked at the annual volume data, the numbers were stunningly negative. In 2012, the total number of futures and options traded globally fell by 15.3%, the biggest annual decline in more than a decade.
CONTINUE READINGFSB Consultation on Aggregation of OTC Data
CONTINUE READINGFOA Appendix 2: Price Indices Guidelines for Price Agregators and Data Providers
CONTINUE READINGI am a very keen follower of ice speed-skating, which is a popular sport in my home country The Netherlands. Over the last few weeks I’ve watched skaters participating in World Cup races to qualify for the Sochi Olympics this week, and it occurs to me that there are some interesting parallels between this very competitive sport and the skills I learned in my career in the securities markets.
CONTINUE READINGFIA provides the CFTC with the comments and recommendations set forth below in response to the Commission’s Notice of Proposed Rulemaking concerning Position Limits for Derivatives, 78 Fed. Reg. 75680 (Dec. 12, 2013) (“Proposed Rule”).
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