As smaller banks and asset managers brace themselves for new rules covering how they trade exotic derivatives come into force, lobby groups and vendors are joining forces to create technology that, trading firms say, may be too difficult to manage in-house once the big bang hits.
Later this year, and into 2020, these firms will be required to calculate and exchange initial margin on their derivatives trades that don’t pass through clearinghouses. For many, this will be the first time they’ve
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.Subscribe to Weekly Wrap emails
- Waters Rankings 2019: All the Winners
- Mizuho Finds New Ways to “Activate” its Data Using AI
- Barclays Nearly Finished with First Major Quantum Computing Experiment
- The AI Ethics Dilemma: Banks Find a Fine Line Between New Tech and 'What's Right'
- Banks, Asset Managers Turn to Web Scraping to Generate Alpha