Industry executives speak to LeapRate regarding a close eye is being kept on margin utilization and the requirement for clients to be sufficiently funded in case of extreme volatility caused by an exit from the Eurozone and subsequent default by Greece
Read moreThe EU and IMF have provided bailout after bailout to Greece, and now the possibility of an exit from the European Union and Eurozone along with national bankruptcy is looking increasingly likely following a summit in Riga last week. What will this do to the EU economy?
Read moreEurope's central bank has lost a court case which would have mandated relocation of firms managing financial trades in euros from London to the Eurozone. With London a strong world financial center, this ruling marks a milestone victory which ensures the continued presence of the electronic trading sector in its de facto home
Read more"Such a mis-pricing of sovereign risk within the Eurozone was a key feature of the pre-credit crisis environment. Whilst premium are wider (Italy just over 1% above Germany, vs. 0.2%-0.3% in 2007), yields are lower." - Simon Smith, Chief Economist, FxPro
Read moreA memorandum of understanding between ASIC and ESMA has been signed by both parties on the reporting of OTC derivatives, indicating further progress made by national and continental regulators in order to ensure cross-border standardization of regulatory structures.
Read moreThe MAP-ERS platform has been accepting Collateral Valuation Reports since July 23, three weeks ahead of the August 11th EMIR deadline
Read moreESMA has today set forth a final report on central counterparties, required under the European Market Infrastructure Regulation
Read moreAmbiguity as to how to define spot FX contracts to be addressed by the European Commission in advent of MiFID II
Read moreMAR broadens reach of rules to new products, venues and trading techniques
Read moreEurope's financial regulators are following in North America's footsteps one year later, as Keler CCP becomes the ninth central counterparty to be authorized under the new EMIR rulings for OTC derivatives, including FX.
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