With the London Olympics in full swing, one can’t help but think of the state of our industry and the challenges ahead. When it comes to regulation and compliance for the capital markets, we certainly face an Olympian task…
Posts Tagged: MiFID
REGULATORY SPOTLIGHT: ESMA GUIDELINES ON AUTOMATED TRADING
This blog post also appears on Finextra. While discussions about the final contents of MiFID 2 seem set to continue for some while yet, the European Securities and Markets Authority has anticipated some important MiFID 2 issues in a set of Guidelines issued on February 24, 2012: Guidelines on systems and controls in an automated [...]
THOUGHTS ON MiFID 2
Interested parties have now had time to digest the European Commission’s October MiFID 2/MiFIR proposals, and major questions have been raised by a wide range of people. Looking briefly at the main areas of debate:
10 TRENDS IN OTC DERIVATIVES
It is clear that regulatory changes are transforming the OTC derivatives space, from execution to settlement. There are many challenges at play here. As we head into 2012, market participants will need to manage large volumes of data in order to clear and process trades, and we will see new pressures on the cost and the more effective use of capital. In response to this industry transformation, my team and I have identified 10 key trends shaping OTC derivatives today.
I have posted the full list below. How is your firm approaching these 10 trends in OTC derivatives?
WHY REGIONAL BROKERS MUST PURSUE PARTNERSHIPS
The SunGard panel session at this week’s TradeTech conference addressed the thorny issue of how regional brokers can compete with their global counterparts in today’s securities market. Is it possible for an agile, domestically-focused broker to outmaneuver a global player? Or in an increasingly IT-dominated market, is it unrealistic to expect a small, local firm [...]
OTC DERIVATIVES AND THE QUESTION OF WHEN
Author: Tony Scianna, executive vice president, SunGard
It had been a while since I participated in a Twitterview – a real-time interview via Twitter – so I was glad to have the opportunity to join TABB Group’s senior analyst Kevin McPartland in yesterday’s “DerivChat” conversation. SunGard’s own director of analyst relations, Alyssa Gilmore, moderated the discussion, which focused on OTC derivatives.
During the Twitterview, Kevin and I discussed the…
OTC DERIVATIVES, HOLISTIC DATA AND STANDARD REPORTING: A VIDEO INTERVIEW WITH FINEXTRA
Author: Tony Scianna, executive vice president, SunGard’s brokerage & clearance business During a recent trip to snowy London, I was fortunate to finally meet Finextra’s Liz Lumley in person. As the multimedia and special projects editor, Liz conducted a brief video interview with me that is now live on the Finextra site. In the video, [...]
SUNGARD IN THE CITY: LONDON CITY DAY 2010
Author: Tony Scianna, executive vice president, SunGard’s brokerage & clearance business This year’s SunGard City Day in London comes at a pivotal time for our industry. 2010 is proving to be an eventful year of change, and there is no better time than now to get bright thinkers together to discuss the future of the [...]
FRAGMENTED LIQUIDITY: A BRAVE NEW WORLD FOR THE BROKERS OF THE FUTURE
The cost of operating in the post-MiFID marketplace has become prohibitive for all but the largest brokers. There is, however, a new operating model that tackles these cost barriers head-on and makes it possible for regional and specialist brokers with a strong client service proposition to compete fully with larger firms.
