The UK government has backed increased cost transparency for buy-side firms called for in the Kay Review, following a push toward unbundling of broker services from the market regulator.
The Chicago Mercantile Exchange has been granted a provisional licence to operate a swaps trade repository, adding fuel to the debate over fragmentation and competition in the data repository space, which could thwart regulatory changes.
Large international brokers are in for a war of attrition in the battle for global capital markets survival, according to leading analysts.
The battle for Scandinavian market share is set to intensify with a new initiative from domestic exchange operator Nasdaq OMX Nordic to attract overseas flow and the implementation of the London Stock Exchange's Millennium Exchange platform at Oslo Børs.
The Japanese equity markets are either home to some undervalued bargains or some disasters waiting to happen, depending on who you ask, but the latest Bank of America Merrill Lynch fund manager survey labels Japan the most unloved of all major markets.
The investment community has welcomed an exemption on foreign exchange forwards and swaps from clearing and exchange trading rules which will be applied to other derivatives products under impending Dodd-Frank Act rules.
With the amount of collateral held by central counterparties expected to rise to as much as to US$2 trillion as over-the-counter derivatives move onto CCP platforms, market participants must understand their role more deeply, a new report suggests.
Equities trading volumes for Turquoise, the London Stock Exchange’s multilateral trading facility, are down nearly 30% year-on-year, according to the exchange operator's six-monthly results, giving its new CEO a host of issues to deal with.
New swaps reporting requirements released for public comment Wednesday by the Commodity Futures Trading Commission could stop large-scale harmful trading activity, according to one leading industry commentator.
A Europe-wide financial transaction tax came a step closer to fruition Thursday as the European Parliament’s Economic and Monetary Affairs Committee agreed to move forward on a report outlining cooperation in the single market.