The market is adapting to regulators pushing to separate the costs of trading and research
LCH Spider is initially available for sterling and euro-denominated short term interest rate futures
Total exchange revenues are expected to exceed $20bn for the first time this year.
MiFID II, new rules covering European financial markets from 2018, have caused a jump in demand for compliance technology
MarketAxess had record trading volumes in Europe for its all-to-all protocols on the electronic fixed income trading platform
More institutional investors are sourcing forex liquidity from non-bank sources.
CCP regulations should be internationally harmonized to avoid long equivalence discussions
The removal of protection for some trading venues spells complexity for Canadian market participants.
T2S shows that existing regulators and infrastructures can innovate