The companies, products and regulatory developments shaping the broker industry.
A new ISDA procurement initiative aims to standardise the most error-prone determination in derivatives reporting: whether an event is reportable and by whom.
Industry bodies' response to the European Commission's emissions trading review frames financial liquidity as a tool for hedging, while remaining an advocacy position rather than a rule change.
The new Financial products Markup Language release covers digital caps, constant-maturity swaps and flexible energy schedules, while adding more than 1,000 AI-generated business definitions.
Sponsored cleared repo reached $2.4tn, or 31% of the measured total. The monthly-average series is a clearing-adoption indicator, not an accounting of every repo trade or a single-day record.