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Komfie Manalo, Opalesque Asia: Vassiliki Veliou, who is responsible for regulatory topics within the
trading scope for Eurex,
said that markets have started to shift from OTC towards more
standardized products in a way that has become very visible from one
quarter to another.
Veliou made the remarks at the recent Opalesque Frankfurt Roundtable 2014. The Roundtable,
sponsored by Eurex and tax and legal consultant WTS, one of the largest
derivatives exchanges globally, and tax and legal consultant WTS, took recently place in
Frankfurt, Germany.
Veliou explained, "It was very intriguing to see how the banks and
traders have changed their behavior coping with the new regulations. If
you look back, this all started when a G-20 meeting some time ago agreed
that there should be more transfer to standardized products, central
infrastructures, and this is the first phenomena where you can actually
see that this route is voluntarily taken."
Eurex considers the shift as "interesting." She continued, "If you look
at the instrument, the Buxl was already an established product; we did
not invent it now to cover a gap. We did other things to adapt to market
needs, but this one was already a prevailing instrument. You could have
traded it years ago, but this time it ...................... To view our full article Click here
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