When Julie Ros of Profit & Loss announced the closing of the publication, she listed all of the macroeconomic events that P&L had overcome over the years, including 9/11 and the financial crisis. This one they were not able to overcome, and so Ros decided to close up. After a discussion with Ros late on Friday, I decided it was not a macroeconomic event that caused P&L’s closing, but a mega-macroeconomic event.
When the G-20’s finance ministers met in Pittsburgh five years ago, a global consensus was reached on the principles for regulatory reform. Prominent among...
Gary Katz, president and CEO of the International Securities Exchange (ISE), has seen the options markets change dramatically since he co-founded the all-electronic options...
Over the past 18 months, the OTC derivatives world began mandatory reporting into trade repositories. Now that we have had some time to work...
