ISDA Outlines Path Forward for Centralised Execution of Swaps
The International Swaps and Derivatives Association (ISDA) has published a set of principles aimed at promoting regulatory consistency in the development and application of centralised trading rules for derivatives.
Icap, LCH.Clearnet, LSE and Nasdaq Send Joint Letter to ESMA Regarding MiFID II Open Access
A letter has been sent to Steven Maijoor, Chair of the European Securities and Markets Authority, regarding open access provisions within the MiFID II Regulatory Technical Standards, co-signed by: Michael Spencer, chief executive of Icap; Suneel Bakhshi, CEO, LCH.Clearnet Group; Xavier Rolet, CEO of the London Stock Exchange Group; and Hans-Ole Jochumsen, president of Nasdaq.
GAIN Capital Completes Acquisition of City Index
GAIN Capital has completed the acquisition of City Index, an online trading firm specialising in contracts for difference (CFDs), forex and UK spread betting.