Golden
Networking brings Tech2Trade Expo 2013 (www.Tech2TradeExpo.com),
World's Most Influential Alternative Investments Conference Series,
including Derivatives Trading Forum 2013, "Global Implementation
of Regulatory Reform in the $640 Trillion OTC Derivatives Market,"
New York City, London, Chicago, Singapore and Frankfurt
(www.DerivativesTradingForum.com).
New
York City, NY, USA (June 25, 2013) -- Over the past five years,
the European Union and the U.S. have developed separate, new
regulatory regimes for derivatives, aimed at protecting our financial
systems, economies and taxpayers from a repeat of the 2008 crisis.
European Markets and Infrastructure Regulation, the EU's strict and
comprehensive set of rules for derivatives transactions, became law
in August and took effect in March. EMIR fulfills the commitments
made by the leaders of Group of 20 nations to improve safety and
transparency by requiring reporting and mandatory clearing for
derivative trades. Trading rules will soon follow.
EMIR
is stricter and broader in scope than the Dodd-Frank Act of 2010,
which regulates U.S. markets. For instance, in Europe, all financial
companies regardless of size are required to clear their derivatives
trades and report them to trade repositories, and there is no
carve-out for foreign-exchange transactions. The EU's capital
standards for clearing houses are much tougher. EMIR's transparency
obligations, both pre-trade and post-trade, are more rigorous than
those in force in the U.S.
Following
the entry into force of these regulations, market participants are
dealing with a complex list of requirements to be fulfilled at
different deadlines in the coming months. For market participants,
the key challenge will be to meet the central clearing and trade
reporting obligations, while regulators strive to ensure consistency
with foreign jurisdictions so as to limit the unintended effects of
extraterritoriality.
Golden
Networking is pleased to host at Tech2Trade Expo 2013's Derivatives
Trading Forum 2013 (http://www.DerivativesTradingForum.com),
this July 30 in New York City, September 18 in London, October 8 in
Chicago, October 24 in Singapore and November 21 in Frankfurt.
Derivatives Trading Forum 2013, "Global Implementation of
Regulatory Reform in the $640 Trillion OTC Derivatives Market",
aims at critically reviewing recent regulatory developments and
identifying opportunities and challenges in the implementation
process, which may influence its full entry into force in America,
Europe and Asia. This recent regulation, with its implementing rules,
will certainly reshape OTC derivative markets and produce structural
changes in the financial industry, with effects for the real economy.
Golden
Networking's Derivatives Trading Forum 2013, "Global
Implementation of Regulatory Reform in the $640 Trillion OTC
Derivatives Market", will provide attendees with answers to all
their questions on how to successfully navigate the new regulatory
landscape for over-the-counter and exchange-traded derivatives,
devise profit-increasing strategies to enhance the performance of
their trading desks and anticipate further developments in the
industry. Recognized industry experts will provide attendees with the
information they are looking for in an open and unbiased environment.
Leaders in the industry will also discuss long-term market and
industry perspectives, taking into consideration the interaction of
the Dodd-Frank Act and EMIR with other pieces of legislation.
Derivatives
Trading Forum 2013, co-located with Hedge Funds Leaders Forum 2013
and High Frequency Trading Leaders Forum 2013, is produced by Golden
Networking (http://www.goldennetworking.net),
the premier networking community for business executives,
entrepreneurs and investors. Panelists, speakers and sponsors are
invited to download our Information Package or contact Golden
Networking directly by calling +1-414-FORUMS0 or sending an email to
info@goldennetworking.net.
Media
Contact:
Julia
Petrova
Media
Relations Coordinator
Golden
Networking
+1-414-FORUMS0
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