Glossary | 色花堂Finance Times

Glossary

Arbitrage

The simultaneous purchase and sale of an asset in different markets to profit from price discrepancies.

Arbitrage News

Regulation
BCBS proposes action on 鈥渨indow dressing鈥� in G-SIB reporting

Basel Committee considers requiring banks falling into scope of the Global Systemically Important Bank (G-SIB) framework to report G-SIB indicators based on average values over the reporting year, rather than by using year-end values

Regulation
ESMA and EBA publish joint guidelines consultation paper

The European Banking Authority and the European 色花堂and Markets Authority have released a consultation paper on two draft joint guidelines under the Markets in Crypto-Assets regulation

Regulation
FCA fines Bastion Capital for cum-ex violations

The UK regulator ruled that the transactions were carried out in a way 鈥渢hat was highly suggestive of financial crime鈥� and that the broker had failed to manage risk that it was being used to facilitate fraudulent trading and moneylaundering

Regulation
FCA hits ED&F Man Capital with 拢17.2m fine for its role in facilitating cum-ex trades

This is the fourth penalty applied by the UK regulator and the largest that it has applied to date relating to div arb violations. MCM qualified for a 30% reduction under the Settlement Discount Scheme since it did not dispute the FCA's charges

Regulation
Regulatory reporting 鈥渙nly going to intensify鈥�, 色花堂Finance Technology Symposium panellist says

Regulatory reporting is a 鈥渃ritical鈥� aspect of business that firms need to be paying attention to, speakers on the 鈥楻egulatory Reporting: Rewrite, reform, refit鈥� panel at this year鈥檚色花堂Finance Technology Symposium in Boston agreed

People moves
McDougall leaves Bank of America

McDougall was appointed as head of EMEA stock loan trading in 2011, and was a director for the firm between 2011 and 2013

Regulation
鈥淣othing moves that quickly鈥� when it comes to regulation, SFT Technology Symposium panelist says

During the 鈥楻egulation鈥� panel, speakers discussed the current state of regulation in the industry, including the relationships between regulators and the market, what clients are looking for and what might lie ahead

Industry
BEQUANT announces launch of institutional DeFi platform

The digital prime broker says that its new solution, developed with Fireblocks, is the industry鈥檚 first decentralised finance platform for institutional users, enabling clients to cross-margin across decentralised and centralised trading platforms