Mr. Lukken’s remarks are as prepared for delivery,
CONTINUE READINGThis report highlight the derivatives industry’s work on climate-related policy and other efforts to combat climate change.
CONTINUE READINGA new campaign to promote better understanding of modern market making, what it does and its benefits for wider society, has been launched today. #WeAreMarketMakers is a campaign by FIA EPTA, the European industry body for independent market making companies, as part of its 10th Anniversary activities. The project is not only supported by FIA EPTA’s 30 member firms, but also by others in the markets community that work directly with and alongside the industry.
CONTINUE READINGAs Chinese futures exchanges gradually increase the number of contracts that can be traded from abroad, technology providers to the global futures industry are extending their services to support inflow of trading interest.
CONTINUE READINGOperational efficiencies were a key topic of discussion at the first day of the 2021 International Derivatives Expo in London on 27 September, with experts pointing to the need for automation and standardization to support both resilience and innovation in cleared derivatives markets.
CONTINUE READINGA new campaign called #WeAreMarketMakers has been launched to promote better understanding of modern market making, what it does and how it benefits the wider world.
CONTINUE READINGThe FIA European Principal Traders Association (FIA EPTA) appreciates the opportunity to provide feedback to the HM Treasury Consultation Paper regarding the Wholesale Markets Review. FIA EPTA agrees that the breadth of the current definition of a ‘multilateral system’ has created ambiguity about the regulatory perimeter which should be clarified. This has been particularly acute for brokers arranging transactions over the phone (so called “voice brokers”) and technology firms innovating new ways of bringing together buying and selling interests.
CONTINUE READINGFIA commented on the HM Treasury’s (HMT) Wholesale Markets review as part of the UK government’s efforts to establish how UK markets should adapt following the UK’s departure from the EU.
CONTINUE READINGFIA and ISDA have initiated a comparative review produced by Allen & Overy between the EU, UK and FSB CCP recovery and resolution frameworks. The UK framework includes HMT’s proposals for an expanded resolution regime (February 2021).
CONTINUE READINGWith the finalization of both the SEC’s regulatory framework for derivatives use by RICs and BDCs and the SEC’s capital, margin and segregation rules regarding security-based swaps, the OTC derivatives regulatory landscape is expected to shift yet again.
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