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EMIR's impact "significant for the entire market"
A look into the effects of EMIR in the DACH region
One of the latest regulatory reforms to make the pink papers is EMIR (European Market Infrastructure Regulation), but there seems to be just as many questions created since it’s debut as there are answers. So we at TradeTech DACH set some questions to Markus Specht, Head of Equity-Trading at Deka Investment, to find out what the possible – if not intended – outcomes of EMIR may be.
If EMIR comes in as proposed, will it be an overall positive change for the DACH nations, and why?
EMIR is expected to bring positive changes throughout the whole of the EU and not just DACH nations
Like MIFID, it aims to create greater transparency in the European market place. Whilst focused predominantly on the post trade clearing aspects, its impact will nevertheless prove significant for the entire market as an increasing number of OTC derivatives are traded on exchange. Ultimately it aims to increase competition between CCPs for the clearing of exchange traded and OTC derivatives and this is not confined by region.
Read more articles like this;
HFT: What is in store for the industry in 2012? The future of clearing: How will it be altered?
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