News Archive

April 09, 2013

MF Global to change US laws, accelerate MIFID II

The collapse of MF Global could strengthen US laws and accelerate the implementation of MIFID II after a judge in New York last week approved a bankruptcy plan for the collapsed brokerage, according to buy-side firms. read more>

April 09, 2013

Small HK after-hours futures volumes belie big plans

Hong Kong Exchanges and Clearing CEO Charles Li Xiaojia downplayed modest volumes in the first after-hours futures trading session Monday, comparing its new session to a small child learning to walk. read more>

April 09, 2013

New rules may force buy-side to reduce hedging activity

New rules may force buy-side to reduce hedging activity

The buy-side may reduce its risk hedging activities as a result of clearing requirements for OTC derivatives under the Dodd-Frank Act, which will capture asset managers for the first time in June, an expert has warned. read more>

April 08, 2013

NYSE complies with limit up-limit down after “strenuous” objection

The New York Stock Exchange on Monday complied with an SEC requirement that it partly decommission volatility-dampening liquidity refreshment points after claiming their removal threatened to force markets into a single mould. read more>

April 08, 2013

China A-shares grow on regional support

Demand for China A-share funds is booming due largely to greater uptake in the Asian region, a new report from the Singapore Exchange has found. read more>

April 08, 2013

ESMA repository advice excludes non-core services

The European Securities and Markets Authority has excluded turnover derived from ancillary services in the calculation of annual fees trade repositories will pay as new rules governing OTC derivatives in Europe through the European market infrastructure regulation approach. read more>

April 08, 2013

Citi includes segregated accounts to collateral offering

Global banking house Citi will expand its custody offering to include segregated collateral accounts as central counterparties prepare to offer such accounts in line with new regulations. read more>

April 08, 2013

Carry on unbundling!

A recent crackdown on corporate access will likely continue as incoming UK regulator the Financial Conduct Authority seeks to push for further unbundling of payments for broker services. read more>

April 05, 2013

New swaps standard offers buy-side flexibility

New swaps standard offers buy-side flexibility

A new industry-led reporting and communication standard for OTC derivatives will give buy-side firms greater scope to automate regulatory-mandated reporting, including splitting margin payments to central counterparties. read more>

April 05, 2013

SBI Japannext breaches record in Abenomics shake-up

Japanese proprietary trading system SBI Japannext hit a new daily trading record as the country's markets surged on news of a government plan to eradicate deflation. read more>