Market Infrastructure

Market Infrastructure

CME, DTCC Receive Approval for Cross-Margining Arrangement

By Editors | 13/09/2023

The arrangement will enable capital efficiencies for clearing members that trade and clear both US Treasury securities and CME Group interest rate futures.

Market Infrastructure

New Study Explores Feasibility of AXI, FXI Indices for Japan

By Manesh Samtani | 11/09/2023

The study assessed the feasibility of Japanese versions of the FXI and AXI indices, concluding that they can coexist with TONA and TORF.

Fintech / Regtech

MAS to Exempt Some Market Operators from ACH/RCH Rules

By Editors | 10/09/2023

The exemption applies to platforms that provide services to facilitate trading and settlement, but don’t actually act as a central counterparty of clear or settle trades centrally.

Market Infrastructure

Trade Bodies Call on Policymakers to Scrap EU Clearing Proposal

By Editors | 10/09/2023

A proposed requirement for market participants to hold active accounts at EU CCPs will be detrimental to EU capital markets, the trade bodies say.

Market Infrastructure

Australian Parliament Passes Financial Accountability Regime Bill

By Editors | 07/09/2023

The FAR replaces and extends the BEAR by imposing new accountability obligations on insurers, banks, super funds, and their senior executives.

Market Infrastructure

RBI, ESMA Close to Resolving Stand-Off Over CCPs – Report

By Manesh Samtani | 07/09/2023

Discussions regarding MoUs between the RBI and ESMA are reported to be progressing more smoothly and regularly.

Fintech / Regtech

SGX Gains Connectivity to FIA Tech’s Trade Data Network 

By Editors | 07/09/2023

The new connectivity will give SGX members greater transparency into their trade give up/ take in process.

Market Infrastructure

Shanghai, Saudi Exchanges to Cooperate on Cross-Listings

By Manesh Samtani | 06/09/2023

The two exchanges will explore cross-listings of companies as well as ETFs, and also collaborate in areas such as fintech and ESG.

Crypto / Digital Assets

WFE Publishes Research on Exchange Engagement with Crypto Market

By Manesh Samtani | 06/09/2023

WFE survey found that almost half of the respondent exchanges already offer some crypto-related product or service in response to mostly retail demand.