The Federation of Stock Exchanges (FESE) has warned that the regulatory plan to exempt equity OTC derivatives from clearing may have the unintended negative consequence of pushing those trades into unregulated markets.
http://www.quantocius.com/2014/08/otc-clearing-rules-may-push-trades-unregulated-markets/
ESMA have published their final report in OTC report on the matter of Bilateral Margin and Novations from UK to EU counterparties post the UK’s withdrawal from the EU. This Final Report is an amendment Read more…
Traders are ramping up warnings of disruption in financial markets from January without clear decisions on how the UK and EU will co-operate after the Brexit transition period ends. Some derivatives trading may need to Read more…
UK-based banks looking to continue doing business in the euro zone after the Brexit transition period must move staff to the continent and not use the pandemic as an excuse to avoid relocations, the ECB Read more…