News Archive

May 20, 2013

FPL updates post-trade guidelines

Reducing settlement times and streamlining post-trade processes were key issues in new FIX Protocol Limited global post-trade processing guidelines released today, according to a senior member of FPL's post-trade team. read more>

May 20, 2013

Aquis offers FIX testing ahead of potential October launch

New pan-European trading platform Aquis Exchange has teamed up with FIX certification firm FixSpec to let potential customers test FIX messaging as the venue eyes an October launch. read more>

May 20, 2013

Rule-makers caught out in the dark

New rules introduced by MiFID II and a pan-European transaction tax could have far-reaching implications for dark trading in Europe, while US authorities are expected to review critical regulations that impact alternative trading venues. read more>

May 20, 2013

FIA appoints director to manage global regulatory agenda

The Futures Industry Association has appointed Jacqueline Hamra Mesa to help develop, implement and manage its global regulatory and policy agenda. read more>

May 17, 2013

EMIR extraterritoriality deadline ‘unrealistic’

EMIR extraterritoriality deadline ‘unrealistic’

Experts have warned a September deadline the European Commission has set for the European Securities and Markets Authority to draft technical standards covering the extraterritorial aspects of new clearing regulation will not be met. read more>

May 17, 2013

CFTC gives SEFs green light

Swap execution facilities have been given the go-ahead after the US Commodity Futures Trading Commission passed final rules on OTC derivatives trading, including dropping the number of bids buyers must request to three. read more>

May 17, 2013

Koscom to use smartTrade SOR as venue competition looms

Koscom says it will use smartTrade’s liquidity management system to offer aggregation and smart order routing services to help their clients connect to new alternative trading systems in Korea. read more>

May 16, 2013

Japanese listed infrastructure market takes shape

The Japan Exchange Group is moving ahead gradually with its concept of introducing a listed infrastructure market in Japan, according to updated plans published this week. read more>

May 16, 2013

JPX and Nikkei to develop a new Japanese index

Agreement has been struck to develop a new stock price index in Japan. Japan Exchange Group, the exchange operator formed from the merger of the Tokyo Stock Exchange and Osaka Securities Exchange, are to combine with Nikkei to build the new product. read more>

May 16, 2013

Buy-side clearing issues grow as swaps face liquidity dip

Many buy-side firms will not be ready for the 10 June swaps clearing deadline under the Dodd-Frank Act, which will contribute to an estimated US$55 trillion notional shortfall, research has shown. read more>