On November 25, 2022, ISDA and UK Finance responded jointly to a consultation on UK Financial Conduct Authority (FCA) guidance on the trading venue perimeter. In the response, the associations highlight that the FCA guidance should only capture genuine multilateral systems and not capture technology innovations, which have digitalized bilateral trading interactions. The UK regulatory framework should continue to support the development of technology solutions that encourage innovation, increase market efficiency and create more competition in the UK market.
Documents (1) for ISDA Response to FCA Consultation on Trading Venue Perimeter
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US Treasury Repo Clearing Indicators July 2026
The ISDA-Actrix US Treasury Repo Market Clearing Indicators illustrate central clearing adoption in the US Treasury repo market. Sponsored cleared repo volumes are used as a proxy to monitor client participation in central clearing, a key objective of the Securities...
ISDA In Review – August 2026
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in August 2026.
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Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...
Joint Response on CCP Resolution
On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...
