4 Results
Kirston Winters MD, MarkitSERV at IHS Markit
The transitional period ended on 31 December with no relief for European Union (EU) firms on the derivatives trading obligation (DTO) from the European Commission (EC) and only limited adjustments from the United Kingdom (UK). This left many firms with conflicting and incompatible DTOs in the EU and the UK without equivalence (albeit based on iden...
21 January 2021 /regulation /wholesale MiFID
After the recent uptick in EuroSTR (a.k.a. €STR) volumes in late July driven by the major CCPs switching from using EONIA to EuroSTR for discounting all Euro OTC interest rate products we looked at August data to see if this was just a blip or whether EuroSTR in fact held its increased share of the market throughout August. In June, prior to the C...
21 September 2020 /regulation /wholesale Financial Services Regulation
In the latest development in the IBOR transition, on the weekend of July 25th, we saw the major CCPs perform the much-anticipated Euro discounting and price alignment transition from using EONIA to EuroSTR (a.k.a. €STR) for all Euro OTC interest rate products. We understand that all compensation payments have now settled. The question market watch...
06 August 2020 /regulation /markets Financial Services Regulation
MiFID came into effect in 2007 – under the current regime, buyside firms are typically not required to publish trades and real-time public reporting (“trade reporting”) is handled by trading venues and dealers. However, in January 2018, MiFID II rules will shift the responsibility for trade reporting to the buyside for certain products and in cert...
11 August 2017 /regulation MiFID
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.