Alexander Sokol discusses pricing and risk models for interest rate derivatives and how incumbent models can be improved.
Regulatory developments and startups gaining some ground may—one day—threaten the incumbent providers in this space.
“Woolly” rules fuel concern that bulletin boards and tech providers could be swept in
The FCA is in the middle of a tug of war over the definition of a trading venue. Will it diverge in a bid to present itself as a competitive market internationally or align with its EU partners?
This month, the commission must decide on a fee filing under its market data modernization efforts. Jo wonders how likely we are to see those efforts materialize any time soon.
A wave of regulatory reviews is renewing interest in unified data repositories. But Josephine says a centralized utility for trade reporting is never going to happen.
Ex-head of CME Group’s repository services looks to disrupt regtech with his startup, recruiting talent from market structure firms that have scaled back regulatory reporting businesses.
Dual machine-executable rules are set to create choice—and maybe bifurcation—for swaps reporting
The non-profit will provide a neutral, open-source repository to help the trade associations govern and maintain the CDM.
A broker-dealer and two investment managers have filed a new, joint complaint against the quartet of companies associated with management of the Cusip numbering system.
Quantum-proof algo standards are nearing completion, but enhanced cryptography won’t come cheap.
The upcoming Emir Refit regulation, set to enter the European Union’s statute books in the first half of 2024, is different in substance to the regulations preceding it, although the implications of complying with it are similar: firms will need to…
The market operator has onboarded about 500 new clients and aims to create new revenue streams to ease the ongoing cost and margin pressures.
Insightful monitors in the range of 120 different communication channels and 40 different datasets, which will be integrated into Bloomberg Vault, among other BBG compliance systems.
Anti-money laundering laws and sanctions have brought complexity to banks' KYC/AML processes. Some vendors are responding by investing in their systems.
Move to shorten the settlement cycle in the US could have knock-on implications for other markets, as the EU grapples with a new penalty regime.
A judge for the Southern District of New York has also ordered that two class-action suits brought against Cusip Global Services and its affiliates earlier this year be consolidated.
As a Congressional report delves into Robinhood's response to the meme stock frenzy of early 2021, Jo wonders how future regulation of payment for order flow will impact market data pricing.
Better data visibility across multiple systems could provide a driver for technological change in the world of post-trade.
Bloomberg, MarketAxess and Tradeweb will join forces to create an independent company and will submit a request for information in search for a third-party vendor to partner with.
The DC appeals court has denied a petition to void a rule that seeks to bring competition to the US consolidated tapes.
Some industry participants are worried that proposed amendments to Regulation ATS could see the trading perimeter expanded to include a wide array of messaging systems.
The regulator wants to put more “boots on the ground” at firms such as Amazon, Google and Microsoft.
As institutional participation in cryptocurrency markets increases, traditional data vendors and new specialist crypto data providers are taking different approaches to supplying necessary data to financial firms.