Derivatives
Five Things to Consider About Crypto SROs
The idea of self-regulation makes for a good soundbite, but the practicality of the matter leaves much to be desired.
Indian Exchanges Ban Data, Index Use for Overseas Derivatives
Three Indian stock exchanges have said they will immediately terminate data licenses that allow non-Indian exchanges and trading platforms to create derivates from their securities and indexes.
Europe’s Mifid Monster Lurches to Life
January 3 went smoothly for many, but the launch of Europe's far-reaching reform package wasn't without problems.
ION's Openlink Acquisition Shows Deeper Strategic Moves at Work
The Openlink deal is the latest in a string of acquisitions by ION as it consolidates power in treasury, derivatives and commodities, with the help of Carlyle Group.
CME Defends Bitcoin Futures Approach
Exchange says it will not look to increase volumes at the cost of additional risk as participants question listing process.
Eurex to Suspend Swiss Operations
Eurex Zurich will cease operations at the end of March, citing conflicts between Mifid II and a new regulatory framework in Switzerland.
HKEx to Deploy Orion Trading System on February 5
The exchange is planning a series of investments in its technology this year, including a clearing platform.
Buy Side Bands Together on Blockchain Vision in Landmark Paper
Fund managers, vendors and trade associations release joint paper on making distributed-ledger technology work for the buy side.
DSB Increases Fees as User Numbers Grow
London-based DSB, the global utility for ISINs, raises fees for current user contracts through 2018.
AFTAs 2017: Best Risk Management Initiative—TD Securities
Coming next September are the IM requirements for uncleared swaps. Neal says that without this system, “there is no way we would have been able to be flexible enough to be able to support things [that] we’re having to do for initial margin [calculations]…
Artificial Intelligence: From Winter to Spring
AI is experiencing a renaissance, but some are concerned that it could carry hidden risks.
FIS Derivatives Utility Signs Wedbush as First Non-Bank FCM
Wedbush is the third client win for the utility, which is rolling out a new clearing platform in 2018.
Esma Proposes CCP Margin Model Disclosures
European regulator takes step toward forcing clearinghouses to disclose exactly how they calculate risk and collateral requirements for trades.
Finastra Adds Porfirio to Capital Markets Team
Pedro Porfirio will be based in London, where Finastra is headquartered. Finastra was created after the merger of D+H and Misys.
What to Do About Mifid II
Europe’s regulatory big bang arrives today as an evolving set of rules rather than a finished product.
Top Stories of 2017: The Crypto Craze
The pick of Waters' coverage stretching from bitcoin becoming an asset class to exchanges launching futures.
CME Debuts Bitcoin Futures amid Muted Trading
Thin volumes have marked bitcoin futures contracts launched by its rival, but traders hope CME's move will bolster order book depth.
Bitcoin Futures Surge on Launch, Trigger Circuit Breakers
Trading in the world’s first bitcoin futures began on Cboe Futures Exchange (CFE) last night, triggering market circuit breakers twice as investors piled on, causing the spot price of bitcoin to jump by more than $2,000 amid lingering concerns about the…
Peeling Back European Regulations in 2018: What to Expect Next Year
Waters runs through the key facts you need to know about Mifid II, GDPR, BMR and Brexit.
CFTC Warns on Bitcoin Futures as Exchanges Ready Contracts
Market participants express concern over potential risks these contracts could pose to clearinghouses, as exchanges self-certify contracts for trading.
Nasdaq Plans Bitcoin Futures for 2018, Will Track 50-Plus Reference Prices
The exchange group becomes third major operator to develop derivatives based on bitcoin.
Mifid's Architect: Esma Chair Steven Maijoor
Europe’s top markets cop talks to Waters about Mifid II and III, Brexit, no-action letters, clearinghouses and the regulator’s future.
ANNA DSB Urges Firms to Begin OTC ISIN Onboarding ASAP
ANNA’s DSB went into production on October 2. But it may be a race against time to onboard those users who require real-time API connectivity in time for Mifid II’s go-live date of January 3.
CFTC Examining SEF Reform amid Europe Clearing Row
Chairman criticizes European Commission proposals for clearinghouse oversight.