Executives at derivatives exchanges in emerging and frontier markets say in a new survey that they need to invest in technology to grow their businesses but less than half of the venues surveyed had actually upgraded their matching engine over the past six years. This lack of state-of-the-art IT infrastructures is also striking given the… Read More >>
Acadia Updates Open Source Risk Engine
Acadia, a provider of risk, margin, and collateral tools for derivatives transactions, has unveiled the 12th release of its Open Source Risk Engine (ORE) that offers advances in market risk and initial margin analytics, officials say. This latest release of ORE “completes a financial instrument rollout across all risk classes covered by the service —… Read More >>
CFTC, U.K. Build a Regulatory Bridge Over Brexit
As the United Kingdom faces the March 29 deadline for Brexit, the CFTC and the Bank of England along with the Prudential Regulation Authority (BoE), and the Financial Conduct Authority (FCA) are providing clarification on the regulatory framework governing derivatives processing and clearing between the U.K. and U.S. if and when the UK completes its… Read More >>