In recent years, the landscape of global central counterparty margin models has witnessed a significant transformation in risk management. Central to this shift is the migration from the long-established Standard Portfolio Analysis of Risk (SPAN) model to various Value-at-Risk (VaR) based models for the purpose of calculating margin for exchange-traded derivatives.
CONTINUE READINGAbu Dhabi Securities Exchange (ADX) was founded in 2000 and is regulated under the UAE Securities and Commodities Authority to provide securities and derivatives trading and post-trade services.
CONTINUE READINGWalt Lukken sat down with NYSE Group President Lynn Martin to discuss her role, the state of capital markets and market structure, the migration and rollout of the NYSE Pillar technology platform, modernization with a focus on human interaction, her STEM background and more.
CONTINUE READINGFIA EPTA members support the FCA's aims to improve diversity and inclusion in the financial sector; as it is an important component of creating sustainable financial markets. In addition, FIA EPTA members believe that supporting healthy work cultures, unlocking talent and creating an inclusive atmosphere within firms can further support the international competitiveness of the UK’s financial services sector.
CONTINUE READINGFIA EPTA supports the position set out by the European T+1 Industry Taskforce in their High-Level Remarks. As independent market makers, we highlight the fundamental impact any move to so-called “atomic settlement” would have on our members’ existing business models which involves continuous market making and liquidity provision.
CONTINUE READINGPanel looks at improving access to futures markets for small and mid-size farmers.
CONTINUE READINGWhile the Sustainable Finance Disclosure Regulation intends to ensure investments are environmentally and socially responsible, current restrictions on ETDs may inadvertently hinder progress, paper says.
CONTINUE READINGFIA EPTA members believe the European Union has taken a leadership role in creating a global baseline for regulatory initiatives to support the transition. In particular, the EU has developed a regulatory framework to enhance transparency and harmonisation in sustainable investment based on an agreed green taxonomy. SFDR is an important part of the EU’s promise of promoting sustainable investing.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 13.98 billion contracts in November, the highest level ever recorded. This was up 2.7% from October 2023 and up 80.3% from November 2022.
CONTINUE READINGThe Commodity Futures Trading Commission has proposed a rule to require futures commission merchants, swap dealers and major swap participants to establish an “operational resilience framework.”
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