After a relentless stream of regulations over the past decade, we are entering a quiet period where market players can put their regulatory work to one side and concentrate on other business matters guilt free.
Regulations have forced all firms to review their pre-trade and execution costs. This is now evolving to include clearing, settlement and custody costs. How will a new focus on post-trade costs impact outsourcing models?
Prime services has become one of the most profitable business lines at many of top bank’s equities divisions, some making larger waves than others. Will this mean a potential revamp of the prime broker hierarchy?
Industry awaits formal approval from European Commission, but Global Custodian understands it will make no 'fundamental changes' to SFTR which now looks to be adopted in at the end of the year or Q1 2019.