2013 is shaping up to be an exciting year for futures and options in London with a raft of new platform launches. We take a look at each of them.
After a year dominated by delays to regulatory reform the
fruits of the regulators’ labour will begin to
blossom in 2013. European regulation in the form of Mifid II
and Emir will meet the G20 requirements for central clearing
and transparency, which is fuelling the futurisation of swaps.
At the same time they aim to boost competition. Whether Mifid
II will do to derivatives what Mifid I did to equities remains
to be seen but exchanges are taking no chances.
Dodd-Frank is now widely used in London circles as a verb.
The fear of being "Dodd-Franked" is rife in the City and
US-based exchanges are taking note with the CME launch in part
designed to counter that fear.
Here is what is in store for London next year by exchange in
terms of platform and clearing launches in London in 2013.
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