Securities regulators in Canada will enforce amended trade reporting rules for derivative transactions starting July 25, 2025. This leaves less than three months for participating firms to prepare for the new regulatory framework. “Key aspects of the final regulation changes include the adoption of additional critical data elements, introduction of collateral reporting requirements, updates to… Read More >>
Citi Invests in ATS Provider for Mexican Bonds
Citi’s Markets Strategic Investments (MSI) unit has made an undisclosed “minority investment” in Cicada Technologies, maker of an all-to-all electronic alternative trading system (ATS) for global institutional market participants trading in Mexican government bonds, officials say. Citi will also act as a liquidity provider for the trading platform. Although based in Greenwich, Conn., Cicada has… Read More >>
FIA Urges Reforms to ETD Reporting for EMIR
The Futures Industry of Association (FIA) wants European regulators to change the way exchange-traded derivatives (ETDs) are reported via the European Market Infrastructure Regulation (EMIR) framework. Specifically, like others in the industry, the FIA wants ETD reporting to switch from the current transaction-level regime to a position-level one. The FIA is arguing that this would… Read More >>