Georgie Dickins, founder & CEO of Women in Leadership Global, discusses her work in leadership development and as a C-suite executive coach.
CONTINUE READINGTrading volume on swap execution facilities reached $928.9 billion in average notional value per day during June 2023.
CONTINUE READINGMarket participants and regulators gathered in Leipzig to discuss the crucial issues affecting the European energy and commodity markets
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGFIA EPTA welcomes the opportunity to provide feedback on the proposed deferral for ETF transactions price at NAV. Whilst it is positive to see the FCA engaging with a specific attribute of ETF trading, many of the concerns addressed by the NAV trade reporting deferral also apply to other ETF transactions priced by reference to an external reference price or benchmark.
CONTINUE READINGClare Black, managing director at Streets Consulting, moderated a panel at FIA’s International Derivatives Expo (IDX) on 21 June titled Driving the DEI Agenda: How to Make a Real Difference in Your Organisation. Founder and Chair of the UK’s Black Talent Charter Harry Matovu KC and Deputy CEO at Leadership Through Sport & Business (LTSB) Pete Ward weighed in on DEI initiatives relating to two key issues: race and social mobility.
CONTINUE READINGMark Spanbroek has retired after three decades of service to global derivatives markets, including helping to establish the FIA European Principal Traders Association in 2011. At FIA’s IDX conference in June, Mark sat down with veteran journalist Jeremy Grant to discuss his achievements and his perspectives on how derivatives markets have evolved over his impressive career.
CONTINUE READINGThe US Commodity Futures Trading Commission held a meeting of its Market Risk Advisory Committee (MRAC) on 10 July, discussing wide-ranging issues including CCP risk and governance, interest rate benchmark reform, market structure issues, and climate-related market issues.
CONTINUE READINGFIA EPTA members believe that exchange-traded derivatives (ETDs) are a key component of mature secondary markets. The recent growth in demand for listed ESG derivatives demonstrates that these products are a core component of sustainable investment strategies, especially since the availability of liquid and transparent derivatives significantly reduces funding and financing costs for equity and bond issuers in primary markets. The proposed approach by the ESAs would unduly disincentivise the use of derivatives in the affected financial products since any exposures to derivatives could not be counted toward the Taxonomy-alignment ratio. This would make it more difficult for end-users to use ETDs for managing their financial risks and in the process undermine the goal of having safe, liquid, and efficient markets that can support the green transition.
CONTINUE READINGFIA has filed comments with the US Commodity Futures Trading Commission supporting the agency’s efforts to codify relief that market participants have come to rely on in offering separate account margining to customers while recommending that the CFTC take a different approach to adopting the relevant requirements in its rules.
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