Uncertainty over upcoming over-the-counter derivatives regulation is prompting concern amongst banks in four key areas, according to a survey by financial market data and technology provider Thomson Reuters.
Japanese derivatives market the Osaka Securities Exchange has added broker BNP Paribas as an official market maker for the Nikkei 225 mini stock index futures contract.
Eight major industry bodies have warned the European Commission's internal markets commissioner, Michel Barnier, and Timothy Geithner, US secretary of the treasury, that uncoordinated rulemaking for derivatives trading could increase risk and cost.
The final vote by the European Parliament on the European market infrastructure regulation has been held off until September, following a request by MEPs.
US derivatives regulator the Commodity Futures Trading Commission has issued a no-action letter, permitting the offer and sale of Bursa Malaysia futures contracts based on the FTSE Kuala Lumpur Composite Index.
The Stock Exchange of Thailand plans to introduce a common ceilings and floors regime for warrants, derivative warrants and transferable subscription rights from 5 July.
New functionality from Goldman Sachs Electronic Trading enables clients to automatically hedge the underlying equity for all US options algorithmic strategies.
Disagreements between UK and German ministers at the Council of the European Union's Economic and Financial Affairs Council have put paid to hopes that the European market infrastructure regulation might be approved before Q4 2011.