Banks are struggling with a market-wide approach to the
FCA's proposed Libor reform, which is hitting various products
from bonds and swaps to loans and mortgages. Here sources from banks, hedge funds and
venues speak exclusively to Practice Insight on how the
attempted abolition of the world's most important number is
already changing deal documentation.
And in Mifid II news, its position limits for commodities
are already reshaping market structure. By not considering the
quirks of each commodity market in isolation, market
participants believe regulators have erroneously made on-venue
trading unattractive - more info here.
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uncovering regulatory-driven uncertainty within banks, asset
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