“We think that the legislative reform is changing the trading and clearing landscape quickly, without giving due consideration to the impacts on competition at the level of market infrastructure, with negative consequences for users.”
“We think that the legislative reform is changing the trading and clearing landscape quickly, without giving due consideration to the impacts on competition at the level of market infrastructure, with negative consequences for users.”
-- David Fernandez Valdes, senior policy manager at ISDA, in a letter to the European Parliament’s Econ committee on the impact proposals in the Markets in Financial Instruments Regulation will have on competitiion.
Easily dismissed as "fast money" with all the negative implications that can bring in the primary bond market, hedge funds are becoming increasingly important to covered bond issuers
As JP Morgan brings its Security and Resilience Initiative to Europe, Craig Coben uncovers what it takes to make such an effort pay off rather than fizzle out as a piece of flashy marketing