NASDAQ disruption call summary

Summary of the discussion that took place on Wednesday, March 25 among market participants to discuss whether NASDAQ’s cancellation of market on close orders on March 24 constitutes a Market Disruption Event. Also, Excel sheet with the S&P 500 constituents at the time.

Response to FCA on Post-trade Transparency

On October 16, ISDA responded to the Financial Conduct Authority’s (FCA) consultation CP26/30.  While the consultation is principally focused on cash equity market structure and transparency, ISDA responded to questions on the potential inclusion of equity swaps in the scope...

Efficiency is Vital to Delivering Resilience

With less than three months to go until implementation of US Treasury clearing begins at the end of this year, it’s critical that the mandate is safely implemented without compromising market efficiency. This represents a huge change in market structure,...