The Commodity Futures Trading Commission (CFTC) might struggle to implement recently proposed changes to the Swap Execution Facility (SEF) rules in their current format, said Justin Slaughter, a partner at Mercury Strategies, and counsel to the Foreign Exchange Professionals Association (
EU governments agreed on Wednesday that the bloc should grant “equivalence” rights that would temporarily maintain EU companies’ access to UK-based clearing houses, thereby buying time for markets to adapt, as it seeks to avoid financial turmoil should Britain crash out of the EU.
Following a difficult October, CTAs continued to face challenges in November as the SG CTA Index was down 1.09% and the SG Trend Index was down 1.75%. Year-to-date, the SG CTA Index is down 7.18%.
So many headlines, click bait for FX people, bang on about how FX traders are confused by Brexit and that markets are nervous. I do not think there is half the fear orconfusion that some headline writers will have you believe when it comes to the Brexit outcome.
Nearly one year on from the fundamental changes to Europe’s trading rulebook brought about by Mifid II, its overall impact is still unclear. Although experts talk of greater transparency in the markets, it’s had its share of issues, some of which are still unresolved.
Hong Kong’s SFC (Securities and Futures Commission) has released its consultation conclusions on proposals to enhance its OTC derivatives regime and address conduct risks posed by group affiliates.
The US Federal Reserve is “close to finalizing an agreement” with the Financial Industry Regulatory Authority (Finra) to collect trade data from a wider range of market participants in the US Treasury markets, as part of plans to expand the data that the Fed captures on the fixed income markets.
It turns out that cryptocurrency enthusiasts were committed well beyond the
Cameron and Tyler
The head of one of Europe’s largest asset managers has called for global regulators to ban
In 2018, the value of
Equities analysts at UBS have issued a research report on the merger between CME Group and NEX Group, stating that while they are confident in the potential upsides to this deal, the benefits might not start to
After connecting last month, BrokerTec clients can choose Eurex Clearing as the CCP for clearing EUR repo trades.
Gottfried Leibbrandt will step down next June from Swift, the cross-border payment system, after spending seven years leading a key piece of global economic infrastructure through crises from hacking to sanctions on Iranian banks.
Sterling rose on Thursday after Prime Minister Theresa May survived a
The euro rose slightly in early trading on Thursday after Italy said it would cut its budgetary spending plans in a row with the European Union, although traders were in a cautious mood ahead of the European Central Bank’s monetary policy meeting.
Strategists in the $5.1 trillion-a-day currency market are gearing up for a slumping dollar next