Prop trading firms turn to Middle East as they consider leaving Europe in the wake of IFPR
The most recent Acuiti report suggests that IFPR requirements are set to reach “potentially ruinous levels”.
The most recent Acuiti report suggests that IFPR requirements are set to reach “potentially ruinous levels”.
A recent Acuiti report found that 75% of prop trading firms surveyed saw volatility trading strategies out-perform other markets in 2022.
The new framework proposes that venues listing crypto assets should shoulder the responsibility of the issuer in cases where none exist – as is the case for Bitcoin, asserts an Acuiti report.
Almost a half of futures commission merchants (FCM) surveyed in a new Acuiti report said they had seen an increase in interest from clients for trading volatility since 2020.
Asset managers also discussed headcount with a third saying they intend to add more traders to the desk, along with operations talent in the build-up to market structure and regulatory changes.
Acuiti report suggests the interest rate environment could reverse a decade-long decline in the number of futures commission merchants (FCMs).
Acuiti report found that majority of traders believe the main responsibility for monitoring and trade reporting in crypto trading lies with trading venues.
Costs are a top priority to consider when connecting to a new market by proprietary trading firms, hedge funds and bank execution desks, finds Acuiti report.
The new report found that only 12% of respondents polled believe that the new regulatory regime correctly reflects the prudential risks firms pose.
Almost 90% of sell-side clearing managers believe the proposals will increase costs for their clients, an Acuiti report has found.