Mandatory alternative trading system reporting will begin in April after a Financial Industry Regulatory Authority plan gained approval despite the US regulator making no changes suggested by the industry.
The Japan Exchange group has a threefold plan to boost its presence in derivatives, to improve market corporate governance and to increase IPOs.
Asset managers are actively considering using futures products and swaps not required to be traded on swap execution facilities, as the second made available to trade submission is passed by the Commodity Futures Trading Commission.
A proposed equity trading venue awaiting regulatory approval, named Aequitas, could spur significant market structure changes in Canada, agency broker ITG has stated in a report.
Low volatility, a strong equity market and an anticipated shift in assets from fixed income will provide institutional investors with an ideal US block trading environment, according to executives at leading venues.
The Commodity Futures Trading Commission is expected to pass all ‘made available to trade’ filings for new swap execution facilities, but uncertainty around leadership could affect the initial period of mandatory trading on the new platforms.
Derivatives continue to be the biggest contributor to the growth and development of trading in Singapore, Asia’s only AAA rated country. In 2013, the total volume of derivatives increased 40% to 112 million, according to the Singapore Exchange.
Chi-X Global Holdings has announced that JP Morgan is to become the eighth financial institution to take a stake in the firm.
The absence of harmonised cross-border rules is just one of a number of problems facing operators and users of swap execution facilities when mandated trading begins, a report from research consultancy Aite has found.
Ongoing calls for greater transparency and continued emphasis on stable infrastructure will dictate priorities for US equity market regulators this year, but the Securities and Exchange Commission will do little to address off-exchange trading, industry insiders predict.