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 >>
