Sell-Side
The departure comes as banks prepare for the onset of mandatory central clearing of OTC derivatives.
Regulation
Trading venues and swaps dealers will be subject to a wave of new pre-trade transparency requirements.
Buy-Side
In order to raise cash fund managers will have to rely more on their clearing brokers to meet initial margin requirements.
Derivatives
Introduction of new margin rules will be highly detrimental to the buy-side, according to an industry panel.
Derivatives
Plans to create a harmonised global product identifier for OTC derivatives have been unveiled by IOSCO.