Tag: commodities

The UK government has launched a consultation on whether it should extend its regulation of Libor to other key financial benchmarks.

Market participants are facing a tough compliance schedule in the coming months as numerous new regulations come into force globally.

Industry bodies are split over how best to class non-equity instruments under MiFID II in order to determine whether they should be subject to transparency rules.

Agency broker ITG has acquired Paris-headquartered RFQ-Hub, a platform for trading OTC products including equities, futures, options and swaps.

CME Group has acquired energy trading platform Trayport, and FX options analytics and pricing suite FENICS from GFI Group for US$655 million, as it continues to expand its reach in Europe.

Investment bank fixed income revenues have fallen by less than expected in the second quarter of 2014, with a shift towards more liquid products helping to improve their profitability.

A joint industry initiative to respond to MiFID II should draw lessons from the US to ensure technical rules are drafted and implemented effectively.

Global capital markets have become too complex for the industry and regulators to understand, and should be simplified, according to InterContinental Exchange CEO Jeffrey Sprecher.

The European Securities and Markets Authority may need a new funding model in order to meet its regulatory and data collection obligations, said its chairman, Steven Maijoor.

Proposed regulatory technical standards for MiFID II are due to be published in a weighty consultation due at the end of May, a spokesman for the European Securities and Markets Authority had told theTRADEnews.com.