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8th
February 2010:
Fidessa group plc, provider of the award-winning trading, portfolio management, compliance and global connectivity solutions for the buy-side and sell-side, today announced that ID's RFQ-hub, the bilateral multi-dealer platform for listed and OTC Derivatives for fund managers, has joined its global connectivity network.
27th
January 2010:
One of the early adopters of the new platform is Eric Böss, global head of derivatives at RCM, an asset management firm that is aligned with Allianz Global Investors. "We use RFQ-hub to automate what is typically, in most firms, a very manual process," he says. "RFQ-hub allows us to get quotes quickly, efficiently and electronically."
20th
October 2009:
For all derivatives markets, the European Commission believes that a comprehensive policy on derivatives is necessary
to address the current market failure in the most efficient way. The commission's objectives are to reduce counterparty
credit and operational risks, increase transparency and to strengthen market integrity and oversight. To that end, the Commission
proposes a package of actions that will be developed into legislative proposals in 2010.
8th
October 2009:
Former JP Morgan managing director, David Sagnier, has launched a new derivatives request-for-quote platform,
the RFQ-hub, Newswire Today reports. The electronic trading platform for listed and OTC equity derivatives
will allow fund managers and their banks to automate their equity derivatives processing.
24th
September 2009:
French Finance Innovation pole has rewarded young high tech companies created as RFQ-hub,
IT platform for asset managers to request banks quotes to Listed and OTC Derivatives.
3rd
July 2009: The European Commission adopted a Communication
on ensuring efficient, safe and sound derivatives markets. The Communication looks at the role played by derivatives in the financial crisis and at
the benefits and risks of derivatives markets, and assesses how risks can be reduced.
10th
June 2009: Desperate kingdom of liquidity
9th
June 2009:
Bank Of England ‘The
State of the Markets: Four Issues’: "The financial community
must also be open to more trading in core, vanilla markets going via
exchanges or other well-designed platforms
8th
June 2009:
Some say principles similar to those included in the Markets in Financial
Instruments Directive, or Mifid, should be extended to the bond and
derivative markets : Mifid
II.
28th
May 2009:
New creative Solutions for Trade Processing Operations
15th
May 2009:
How financial institutions should change internal processes to improve
efficiency and comply with commitments outlined by the Operations
Management Group.
13th
May 2009:
In a letter
to Senator Reid, Tim Geithner wrote:
“Market efficiency and price transparency should be improved in
derivatives markets by...moving the standardized part of these markets
onto regulated exchanges and regulated transparent electronic trade
execution systems for OTC derivatives...”
17th
Apr 2009:
Bloomberg
working on anonymous US options block size trading facility.
26th
March 2009:
In his testimony
at the Committee on Financial Services Hearing in the US House of Representatives,
Tim Geithner, US Treasury Secretary said: “... In our proposed
regulatory system, the government will regulate the markets for over-the
counter derivatives for the first time..."
4th
February 2009:
SIFMA - 2nd
Annual European Equities e-Trading Survey: Buy-side and sell-side
generally agree on the key drivers for electronic trading growth (efficiency,
reduction of costs and buy-side control)
December
2008:
Finance
Innovation: RFQ Hub. David SAGNIER. Platform for requesting quotes
and submitting orders for share derivatives.
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