The announcement in October 2017 that the European Commission (EC) and US Commodity Futures Trading Commission (CFTC) had reached agreement on the mutual recognition of derivatives trading venues marked a big step forward in achieving cross-border harmonization between the European Union (EU) and US.
However, the agreement has spawned a number of important questions about the practical implications of how cross-border trading will work. This guide attempts to answer those questions. In particular, it analyzes the effect of mutual recognition on the order flow of trades executed on these venues, highlighting benefits and pointing to areas where further alignment would be welcome. The guide is also intended to help market participants navigate the numerous regulatory requirements related to trading on recognized venues by providing answers to commonly asked questions.
Documents (1) for A Practical Guide to Navigating Derivatives Trading on US/EU Recognized Trading Venues
Latest
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,...
ISDA In Review – September 2026
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in September 2026.
ISDA Digital Assets Forum Opening Remarks
ISDA Digital Assets Forum Washington, DC October 6, 2026 Opening Remarks Scott O’Malia, CEO, ISDA Good morning, and a very warm welcome to the ISDA Digital Assets Forum. Thanks for joining us today, and a special thank you to...
Assessing Tokenized MMFs as Eligible Collateral
Distributed ledger technology and digital assets have matured from their early stages to solutions capable of addressing longstanding inefficiencies in collateral management. Tokenized money market funds (TMMFs) represent a particularly promising area for the application of this technology, combining the...
