©Øivind Hovland

In this issue

As lawmakers’ plans to make the system safer start to emerge, so too do the industry’s responses

Blizzard of regulation has its effect

As lawmakers’ plans to make the system safer start to emerge, so too do the industry’s responses, writes Philip Stafford

The US: Increase in competition raises the stakes

Exchanges are hit by profit and volume falls, not to mention more trading venues, says Arash Massoudi

OTC derivatives: Asia watches and learns from European and US rulemakers

The region is not looking to choke nascent markets, reports Jeremy Grant

Swaps market: Fight looms over which model is best

The sector has been preparing for Sefs but an alternative is gaining ground, says Michael MacKenzie

Russia: Moscow tie-up wins approval from participants

Concerns about a lack of competition are outweighed by liquidity hopes, says Courtney Weaver

Transaction banking: Once-neglected segment is now banking’s belle of the ball

Daniel Schäfer finds large institutions are seeking to make money in less volatile sectors of the market

Brazil: Foreign rivals join battle for post-trade prize

Samantha Pearson finds that moves to infiltrate the market could meet resistance

Europe: Rules covering derivatives built on ground that has yet to settle

What appeared to be firm markers have shifted in just months, says Philip Stafford

Securities: Collateral drive puts the focus on settlements

Consumer demand may force greater innovation, reports Philip Stafford

Futures: Prominent failures leave self-oversight in spotlight

The industry is keen to keep the current safeguards, writes Gregory Meyer