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Monthly Archives:: July 2010
This year, you may have noticed that we are focusing heavily on the acronym TEN, which stands for Transparency, Efficiency, and Networks. If you are a regular reader of the brokerage & clearance blog, you’ll note that we often publish posts that discuss the themes of transparency and efficiency. Today we’ll give some attention to the N of TEN – the importance of networks in reshaping the financial markets.
By Rex Gooch – Head of Product Management, Protegent, SunGard’s Trading Business Without a doubt, regulatory reform is atop everyone’s minds. You simply cannot skim financial services news headlines without reading about a new regulatory order or rule – whether it’s the Volker Rule or new Dodd-Frank bill… regulators are essentially laying a “smack-down” on [...]
A few months ago on this blog, I asked FCMs the following question: do you know if, where, and how much you are overpaying in brokerage and exchange fees? For many, this question is a difficult one to answer. Futures commission merchants are facing multiple challenges around exchange fees, clearing fees, and brokerage claims, including increasingly complex fee schedules, frequent modifications of fee rates and levels, and shorter deadlines for claiming rebates.