Perspective

CFTC – Hail Mary? It has been a busy seven days in the world of regulatory position limits. First a new MiFID II position limits RTS was released as reported here and the CFTC re-proposed their own ‘Dodd-Frank’ limits regime. Most international firms will have to comply with both. So why has the CFTC limits […]

It’s been all good news these days. Makes me think back to high school when I learned about the Stoics. Something to the effect of …destructive emotions are the result of an error in judgement. I suppose it could also be said that errors in judgement are the result of destructive emotions. Either way these

More Insights on EU-MAR A really good article here from Baringa. The gist is focus on Policy and Plan. There’s a reason for that. Sure, you want all your order information from all exchanges and market-places. The bad news is that not all of them are remotely ready to go. There’s a little bit of

Corporate Tuberculosis aka Corporate Data Hoarders So, I’m sitting in this meeting at an enormous Fortune 50 company. The general theme of the meeting is “digital transformation” and creating better insight into data for the business. Operations wants something really straightforward: direct access to data for faster turnaround. We’re reviewing the most powerful data technologies

MAR (Market Abuse Regulation) – A Commodities Primer We’ve  recently had some very interesting conversations with companies about MAR. Despite going live in July 2016, it’s clear that companies are falling into two camps.  Those that are doing their best to ignore it. And, those that are really grappling with some of the finer points

Commodities Surveillance | You’ve been “MAR’d” MAR:  You know what? Change is like poetry… …and most people absolutely hate poetry*. This is going to be one of those “Difficult Conversations”.  You know, the kind they teach you about in Business School. We’ve got to talk about some difficult things and find common ground toward a

REMIT Table 1 and Table 2 As we approach the deadline for the next phase of REMIT, K3 stands ready to help you with your tough trades.  Having trouble with Table 2?  Need questions answered? Don’t worry just give our Sales Team a call. We can help you get your REMIT Table 1 and Table

Here’s what’s ripe for stopping in 2016??? This is the time of year I get prodded to write up a pithy outlook for the year. It seems to be harder this year. Seemingly, like everyone else I have had my “nose to the grindstone” far too long. That and the fact that my crystal ball

Just saw this press release from the CFTC. Deutsche Bank got fined $2.5 Million for failing to correctly report trades. How Does This Happen? It’s guess work. But a lot of large swaps dealers (and others) decided early on to build their own custom integration over to DTCC, ICE and CME reporting. What they ended

REMIT | Game of THRONES II Just a couple months ago it might have been anyone’s game. All the RRMs were out pitching and selling, with great gusto. But as of right now we feel pretty comfortable saying that EFETnet is the round one winner. You really have to hand it to them. EFETnet’s done