The UK’s PRA cites break from EU in review of capital rules for buy...
The Prudential Regulation Authority (PRA), the UK’s prudential authority for financial services, has begun reform of capital rules for insurers and banks, in its...
Aité: Buy-side desk sophistication is driving EMS innovation
A new report by analyst firm Aité, entitled, ‘OMS/EMS Convergence in the Cloud: Better Together’, author Spencer Mindlin has identified two major trends in...
Traders respond positively to MarketAxess/LiquidityEdge deal
Buy-side traders have responded positively to the announcement that electronic bond market operator, MarketAxess, has agreed to buy LiquidityEdge, the US Treasuries marketplace, noting...
US president to oversee financial institution regulation amid deregulation drive
New executive orders signed by US president, Donald Trump, have given him oversight of all US financial regulation, outside of monetary policy, while also...
Reducing trading costs under the UMR microscope
Asset managers able to assess their exposure to uncleared margin rules can significantly reduce their administrative and trading costs.
In July 2019, the Basel Committee...
Is portability via indirect clearing under threat?
As sell-side relationships are harder to come by, indirect clearing offers hope for smaller buy-side firms, but without mandated asset segregation many may find...
European Markets Choice Awards 2022 – The Winners
Last night, Markets Media held its first in person European Markets Choice Awards event in London to celebrate the accomplishment of everyone who works...
Tipping Point: CME’s SOFR-linked STIR Futures eclipse Libor-linked STIR Futures for first time
CME open interest data confirms that Secured Overnight Financing Rate (SOFR)-linked short term interest rate (STIR) Futures open interest has, for the first time,...
Cboe: The future of credit is here – why credit index futures are finally...
David Litchfield, Director of Cboe Derivatives Sales, Cboe
After years of false starts, credit index futures have finally gained traction in institutional portfolios. The Cboe...
SEC – controversially – moves to standardise best execution rules for broker-dealers
The Securities and Exchange Commission (SEC) is proposing new rules under the Securities Exchange Act of 1934 relating to a broker-dealer’s duty of best...
The Fed opens registration for commercial paper facility
The Federal Reserve Bank of New York has opened registration for firms wishing to sell to its Commercial Paper Funding Facility (CPFF).
The commercial paper...
MTS: Building a better interest rate swaps market
Tom Harry, Head of Cash, Derivatives & Regulation Product Management at MTS
MTS has a strong track record of building robust interdealer and dealer-to-client franchises,...
