Author name: Sharon Reaves

Let’s talk Wash Trade Compliance We’ve had a lot of discussion with customers about how compliance should implement a wash trade compliance.  Let’s start from the top: What is a Wash Trade? Well, the CFTC defines a wash trade as: “Entering into, or purporting to enter into, transactions to give the appearance that purchases and sales […]

REMIT CHECKLIST Another great article [HERE] by Aviv Handler at the Energy Trading Regulation blog… Some takeaways if you are trading phys gas and power in Europe. 90 Days to Go! Don’t forget to check into key personnel time off. Summer and the back half of September are full of holidays! Talk to your OMPs

The fundamental axis of REMIT reporting is use of ACER XML. This video short explains how the REMIT reporting process works and how to generate ACER XML using K3 for trade reporting. If you are having trouble with the video below click this link. Enjoy! https://vimeo.com/131881897

New Q&A from ACER. Examining the new REMIT Quarterly and Q+A documents Commentary by Aviv Handler: ACER have today published both a new REMIT Quarterly and Questions and Answers document (Q+A).  Here we will examine both of these and some other associated document changes, such as those to ACER’s guidance on REMIT. Read Full Article Here

REMIT Regulation | Game of Thrones Alliances and stratagems. Turns out the political twists and turns of the REMIT regulation, the EU gas and power mandate, is like..”Game of Thrones complicated.” There’s a very full field of new RRMs (HERE). Most are absolutely new to regulatory reporting. But, that’s not what’s keeping people up at

Docker | A $416 Million Loss Too Late? Seriously, one has to wonder whether Docker could have saved Knight Capital from bankruptcy and a $416 Million one day loss. The cause of the Knight bankruptcy is pretty straightforward. Knight was one of the biggest market makers in equities. They were the guys always providing liquidity

What is an API??? When the Harvard Business Review, a wonderful publication that rarely gets deep in technology “solution-eering”, starts talking about adopting an API strategy, it’s time to lend an ear.  If you have not read it, here it is in full. I’m going to skip over the smart sounding techno-speak of Cambridge for

The New Buzzwords You Will Hate by 2016 Freshly returned from yet another conference. Since its nearing the end of year I thought I would put out a semi-prediction about what everyone is going to be buzz-wording about in 2015. “NO ESB” –  The agenda behind the NO ESB movement is this:  Stop thinking about

Google and Darwinian Software Evolution Darwinian Software. Its a fact. Google rocked the “Geek-eratti” last week announcing that they had scuttled MapReduce in favor of Dataflow. To any regular corporate Joe this does not really mean anything.  But if you happen to be talking to “that guy” at a cocktail party bla, bla bla-ing about

Canada Trade Reporting…The Cruelty! After having connected over 25 different trading systems to repositories under Dodd-Frank and EMIR there are a LOT of lessons to be learned. Now that Canada is underway with its own unique perspective on Trade Reporting we thought we would take a moment to make some suggestions to help companies get

The Gensler-Chilton Step Down… Both are stepping down. Fresh on the heels of position limit and entity aggregation rules. (More on that later). I’ll get on my soapbox for a minute. The biggest risk for poor outcomes in commodities and derivatives regulation is regulators who do not understand the nuanced details of these products. When

Article urges to keep eye on delayed futures reporting Futures reporting delay “will not take place” says EC’s Pearson – Risk.net Re-posted from Aviv at energytradingregulation.com reposted from the OTC Space. It is suggested that all market participants need to keep a close eye on this one. Read at EnergyTradingRegulation.com

ESMA holding off required ETD deals… News made the rounds last week that ESMA was holding off on requiring ETD deals be reported to TRs until sometime in 2015. Good news, I guess. Leading up to this un-official decision you may have found yourself in the following situations: Trying to convince certain executives that EMIR