Global OTC Market Reform: Where Next After the US? -- Webcast
CLICK HERE to listen to the archived webcast
When it comes to over-the-counter derivatives, the central question of their move to an electronic basis is no longer one of if they will, but when. The US has begun its own regime with the introduction of swap execution facilities (SEFs), but that was hardly without issues. Eyes are beginning to turn to Europe, with its organized trading facility (OTF) analogue, and further afield to Asia-Pacific, where the field is vastly more complex. Given G20 mandates and the need for harmonization in trade practice, it seems inevitable that most standardized derivatives contracts will be traded electronically in the future, but how can the wider world learn lessons from the painful birth of SEFs, and how will technology evolve to cope with the new environment?
-- Added Value: How will collateral and risk management continue to be affected by the global proliferation of electronic trading in derivatives, and what are the technology approaches towards efficiently managing these challenges?
-- Lessons Learned: What does the roll out of SEFs in the US potentially teach us about the eventual introduction of OTFs into Europe? Can markets there avoid the frustrations of both the buy and the sell sides that have been experienced in the US?
-- Looking East: While the US and the EU, through the Dodd-Frank Act and EMIR/Mifid respectively, have their templates for electronic derivatives trading established, can Asia-Pacific realistically create a regional template, given the idiosyncratic nature of regulations in each component nation?
-- Global Operations: For firms that trade markets across the world, how will the particulars of each regulatory jurisdiction affect how they approach connectivity, clearing, reporting, compliance and other areas of derivatives-market activity in terms of technology infrastructure, communications and software?
Speakers:
* Neil Monaghan, Global Head, OTC Clearing Client Service & Solutions, CITI
* Anshuman Jaswal, Senior Analyst, CELENT
* Nathan Jenner, COO- Fixed Income Electronic Trading, BLOOMBERG
* Barry Smith, Global Exchange SME, Financial Services, EQUINIX
* Moderator: James Rundle, Deputy Editor, WATERSTECHNOLOGY
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Symphony boosts Cloud9 voice offerings with AI
The messaging and collaboration platform builds on Cloud9’s capabilities as it embraces the AI wave in what CEO Brad Levy calls “incremental” steps.
Can exchanges leverage new tech to claw back ETF share from RFQ platforms?
Systematic trading strategies and proliferating data are bringing efficiency to an otherwise-fragmented European ETF market.
Nasdaq reshuffles tech divisions post-Adenza
Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.
Liquidnet sees electronic future for gray bond trading
TP Icap’s gray market bond trading unit has more than doubled transactions in the first quarter of 2024.
This Week: HKEx's new derivatives platform; GoldenSource; Quonian-SimCorp, and more
A summary of some of the latest financial technology news.
Chris Edmonds takes the reins at ICE Fixed Income and Data Services
Edmonds is now leading ICE’s fixed income and data business as the rush to provide better data and analytics in fixed income builds.
Systematic tools gain favor in fixed income
Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.
Waters Wrap: Examining the changing EMS landscape
After LSEG’s decision to sunset Redi, Anthony examines what might lie ahead for the EMS space.
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Waters Wavelength Podcast: Broadridge’s Joseph Lo on GPTs