Regulation
Customers Begin Testing Swift Services for EMIR Reporting
The messaging services vendor is providing two ways for market participants to report data on over-the-counter derivatives trades, when European regulatory requirements to do so come into effect on 12 February
Three Years On, Europe Agrees Mifid II
A raft of new laws regarding the operation of securities markets in Europe is a step closer to becoming a reality, after European authorities clinched a deal regarding the review of the Markets in Financial Instruments Directive (Mifid), known as Mifid…
Nominees for LEI Foundation Directors Published
Gerard Hartsink has been nominated as chair of the board of directors of the Global Legal Entity Identifier Foundation and says he and the 15 other nominees understand the foundation and central operating unit must move quickly
Financial Machineries Buys Data Contributions Ahead of Aggregated Repository Data Launch
Milan-based startup risk and quantitative analytics provider Financial Machineries is preparing to launch a feed of cleansed, aggregated data from trade data repositories, dubbed GTR Analytics, and has acquired London-based contributed data consultancy…
Traiana Embeds Reconciliation Engine to Address US Swaps Rules
Traiana has integrated Duco's reconciliation engine so it can reconcile reference data from central counterparties, swap execution facilities and futures commission merchants ahead of the introduction of new regulations for the US swaps industry
Complexity or Simplicity - The Data Quality Question
Those seeking to increase data quality, cope with new identifier standards or meet the mandates laid out by Europe's new market infrastructure regulation, are looking at how to reduce the complexity of the methods designed to meet simple goals
As the OTC Marketplace Evolves, More SEFs May Rise
Equinix's Barry Smith discusses the trends he expects to see in the OTC markets in 2014 and beyond.
Max Bowie: Cost, Regs, Volumes, Analytics to Drive Data Innovation in 2014
With economic woes hampering innovation in recent years, Max says the winds of change blowing from different directions may create a perfect storm of pressures that force the industry to consider new options in 2014.
Michael Shashoua: The Way of the World
With respect to the spread of US and Euro-centric data management systems, as well as regulation to other regions, Michael points out that the difficulties in translating new standards and laws could highlight cultural differences that service providers…
ROC Endorses More Pre-LOUs
The Regulatory Oversight Committee, which supervises legal entity identifiers globally, has approved pre-local operating units in Russia, Poland, the Netherlands and Finland
LEI's Next Steps
Strapline: Industry Warehouse
Basel Committee's Next Steps
Guidance on Basel III capital adequacy regulation issued last year focused on risk calculation methods, and sends a signal on what else the Basel Committee on Banking Supervision could address in fleshing out the rules
Europe's LEI Countdown
With the legal entity identifier set to become a mandatory requirement for derivatives trades in Europe in a matter of weeks, there are concerns that some financial firms are behind in their preparations and their clients will not register for an…
Coping With EMIR Derivatives Data Requirements
A new International Swaps and Derivatives Association protocol designed to help market participants comply with the European Market Infrastructure Regulation has brought greater clarity to the procedures counterparties should follow to reconcile their…
Finra Identifies HFT, Algo Integrity as Regulatory Priorities
The Financial Industry Regulatory Authority (Finra), a self-funded regulatory organization charged with overseeing US brokers and exchanges, has released a letter outlining its list of regulatory priorities for 2014, among them high-frequency trading …
2013 Review: EU Consolidated Tape Encounters Hurdles to Implemenation
Progress continued on the long uphill road toward the introduction of a pan-European consolidated tape, but suffered a setback this year after regulatory uncertainty over MiFID 2 led to the dismantling of industry-led group The COBA Project, which was…
Home Is Where the Hearth Is
I always think it’s interesting to see where people go for Christmas. Or perhaps, more accurately, where home is for them. My cousins, for instance, while they live and work in London, will probably never consider the city to be ‘home’, as such. For them…
World Wide Wedges
While service providers seem to be able to leverage clients with global footprints, the inter-governmental difficulties encountered with Fatca tax law implementation sound a note of caution for their efforts
Moody's, Nasdaq Sign On For CRISP Contracts
The organizations will beta test the standardized appendix for data contracts developed by a group from the FISD industry association.
CSD Regulation Gains Provisional Trilogue Agreement
The long-mooted EU regulation governing the operation of central securities depositories (CSDs), known in industry shorthand as CSD Reg, gained provisional agreement in trilogue yesterday.
2013 Review: For Exchanges in 2013, Life’s a Glitch
US stock and options exchanges suffered such significant outages in 2013 that regulators step ped in to bring the markets to task over the failures, many of which were linked to problems with the exchanges’ ability to disseminate market data.
Industry Group Publishes Private Equity Data Standard
AltExchange's Group One data standard includes data on capital accounts, schedules of investments and cashflow activity, and is intended to replace the guidelines the private equity industry currently relies on when exchanging data