Regulatory burden labelled top issue faced within European listed derivatives markets
New report from Acuiti also notes the risk associated with new regulations as being a key concern on the horizon for market participants within the asset class.
Tag: FIA
FIA warns that US bank capital proposals could surge capital requirements for client clearing by 80%
The Association estimates that the top six US clearing banks would require over $7.2 billion in additional capital for derivatives clearing services.
The TRADE predictions series 2024: Fixed income, a look at central bank policy
Participants across RBC BlueBay Asset Management, FIA European Principal Traders Association (EPTA), Marex and OpenGamma unpack what 2024 has to hold for fixed income across regulation, central banks and interest rates.
Trade associations urge policymakers to delete active account proposal under EMIR 3.0
In a joint statement, the negative impacts the proposal would have on EU capital markets including introducing fragmentation, loss of netting benefits and reducing the EU’s resiliency to market stresses, are highlighted by the associations.
ISDA, AIMA, EFAMA and FIA warn against possible negative impact of EU’s proposed EMIR amendments
While acknowledging potential benefits of the European Commission’s latest proposals, the associations noted that the changes could make EU firms less competitive and have a negative impact on the derivatives market.
Derivatives volumes are up – and it’s giving the buy-side a headache
Equity index derivatives volumes jumped 73% in 2022, according to the Futures Industry Association (FIA) - but the increase is causing higher operational risk and capacity burdens for asset managers and buy-side traders.
Derivatives associations unite in call for exemptions under CSDR over buy-in concerns
Trade bodies say the current settlement discipline provisions under CSDR have not been drafted with derivatives transactions in mind and call for a revision.
Market makers association warns against loopholes in European ban on payment for order flow
The association said the European Commission’s definition of PFOF in its MiFID II amendments is vague and leaves potential loopholes for those trying to skirt the new rules.
FIA provides three recommendations to improve trading processes
The recommendations, developed with JDX Consulting, are based on insights gained from 25 organisations and over 60 people representing the listed derivatives marketplace.
Europe
Trade associations implore EU regulators to extend UK CCP equivalence as deadline looms
Lobbyists highlight concerns around the market impact of simultaneous close-out of positions at UK CCPs, market fragmentation and lack of liquidity at EU CCPs, and increased costs.