This article by Bloomberg BNA provides a good summary of MiFID II
Some entertaining thoughts from Broadpeak on the probable ETD delay here.
See this article on Reuters about the unfolding story of alleged power price manipulation in the US by J P Morgan. Let’s see how REMIT affects us here.
See this article in The Trade News about a joint effort that is being kicked off so that the different TRs can reconcile data between themselves. Given the whole whole idea of trade reporting is so that ESMA can have a view of the data, this reconciliation is a good start to that process. Following this, … Continue reading
See here for my notes taken at the public REMIT workshop in Ljubljana on the 11th. Any question or items to add please do email me.
See here for a webinar from Trioptima, DerivSource and Derivatives Risk Solutions on Portfolio Reconciliation, Dispute Resolution and the ISDA protocols. Very timely…
Maria provides a link here to a nice presentation on EMIR trade reporting. For us in energy, we also need to factor REMIT in…
See this note by Tom Riesack on TheOTCSpace, citing rumours that Exchange Traded Derivative reporting under EMIR could be delayed for a year. Nothing official yet though…
A few good articles are up on the topics of collateral and clearing: This article on Bloomberg highlights the fact that banks will be prepared to use the cheapest collateral possible, regardless of quality. That could of course have quite an impact on the objective of “systemic risk reduction”. Similarly this article in IFR looks … Continue reading
The CRD IV rules “entered into force” on 17th July. See the full details on the European Commission website here.