Key challenges include the cost of legacy systems and new regulatory mandates.
Spanish equities market has undergone significant change.
Is Eurex gaining market share from LCH?
New products include the launch of a SONIA futures contract.
Average daily volume in cleared swaps increased sevenfold.
SGX’s derivatives market now has 58 Trading Members and 24 Clearing Members.
Areas of focus include regulatory coherence, CCPs and fintech.
Equivalence will not be a reliable long-term framework for financial services.
All European and global clients will be served through Frankfurt.