Category: Exchanges

Is there a road or a highway to the future for African exchanges?

John Falk of Bourse Consult recently wrote this article for the latest NEMA Insider 2015 World Tour Edition on the future for African Exchanges Is there a road or a highway to the future for African exchanges? Africa is seen

Posted in Bourse Consult Announcement, Capital Markets, Exchange & Trading Systems, Exchanges Tagged with: ,

Futurisation of the OTC market

Futurisation of the OTC market   The world of derivatives, particularly over-the-counter (OTC) derivatives, is in a state of change. Prior to the 2008 financial crisis the derivative world consisted of: the OTC markets which traded bi-lateral, customised swap and

Posted in Capital Markets, Clearing & Settlement, Commodity Markets, Exchanges, Operations & Operational Efficiency Tagged with: , , , , ,

“Access rights” in clearing and settlement – are they worth anything?

There is a high level of interest currently in “access rights” in market infrastructures – that is, the right of of one infrastructure to provide a service to its customers based on the service provided by another infrastructure, for example,

Posted in Capital Markets, CCP, Clearing & Settlement, CSD, Exchanges Tagged with: , ,

More on competition policy

As news comes that the shareholders of both NYSE-Euronext and Deutsche Borse have approved their proposed merger, leaving the decision firmly in the hands of the European competition authorities, the UK’s Office of Fair Trading has published its report on

Posted in Exchanges Tagged with: , , , , ,

Are the authorities serious about competition in financial markets?

The news that Deutsche Borse and NYSE Euronext have today notified their proposed merger to the European merger authorities starts a critical decision-making process for financial markets. It comes at a point when the approach to competition seems mixed. On

Posted in CCP, Exchanges Tagged with: , , , , , , , ,