The CFTC has settled with Glencore Agriculture B.V. and Glencore Ltd $2 million for breaches of position limits in ICE cotton futures contracts, executed trades which are construed as wash…
The effect of MiFID II is now being felt in some quarters in the wider financial world since our last post here. This article on Finextra reports on this webinar…
Following on from the announcement earlier this week of new position limit opinions (see here), ESMA has written this letter to the European Commission asking for guidance on the applicability…
ESMA yesterday issued 3 new position limits opinion documents for 3 contract on the ICE Futures Europe exchange. These are: UK Feed Wheat - see here. Singapore Jet Kerosene -…
The UK's Financial Conduct Authority has updated their master spreadsheet of position limits. The new version can be found here. There are 4 new limits and 2 have been changed…
It has now been 3 months since MiFID II came into effect, on 3rd January 2018. The impact to many Investment Firms has been significant: For example, the "research unbundling"…
ESMA has updated the questions and answers document on commodity derivatives issues under MiFID II. The updated document can be found here. There are 3 new questions and 1 updated…
It has now been several weeks since the start of MiFID II, and things are settling down for many since our last post on the topic (see here). In the…
This blog has covered the many streams of regulatory reporting to which market participants have become subject to over the past years. The burden is also high for trading venues,…
The focus on algorithmic trading with regards to anti abuse measures continues. Last week, Nasdaq published this article entitled "Best Practices in Algorithmic Trading Compliance". It summarises the measures outlined…