In what proved to be a "quite active" market on the morning of May 7 despite a bank holiday in London, some members contacted Euronext to notify the exchange of a slowdown in response times for order processing. As a result, the exchange decided at 10:20 am central European time (CET) "to switch to a pre-opening phase on all shares" in order to further investigate the situation while making sure that all members were granted equal market conditions, exchange officials say.
According to Eurone
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails