Breaking News

Tag Archives: Alex McDonald

SEFCON Snapshot 2014, Part II: Cross-Border Issues Interview,Regulation,Video

The WMBA Americas hosted SEFCON V on November 12, 2014, and John Lothian News was there. We interviewed 14 SEF operators, regulators and participants and put together this three part series on the state of SEFs one year into the mandate. Part II looks at the differences between U.S. SEF rules and those of other jurisdictions. When G-20’s finance ministers met in Pittsburgh in 2009, a global consensus was reached on the principles for regulatory reform. As reform progressed, however, clear differences became apparent between philosophies emerged, specifically between the U.S. and the E.U. on the reach and scope of…

2012 SEFCON III Highlights Regulation,Video

2012 SEFCON III

During 2012 SEFCON III John Lothian News interviewed five key members of the WMBA. Click here to see all the interviews. The Wholesale Markets Brokers’ Association Americas (WMBAA) is an industry advocacy group made up of five inter-dealer brokerage firms (IDBs): BGC Partners, GFI Group, ICAP, Tradition and Tullett Prebon. Since 2010, the WMBAA has hosted an annual conference on issues surrounding swap execution facilities (SEFs), a new type of financial transaction execution entity created by the Dodd-Frank Act. On November 13, 2012, John Lothian News Editor-at-Large Doug Ashburn attended the third such conference, 2012 SEFCON III. This video features…

European Swaps Perspective from Alex McDonald of the WMBA Interview,Regulation,Video

Alex McDonald

During 2012 SEFCON III John Lothian News interviewed five key members of the WMBA. Click here to see all the interviews. Alex McDonald, CEO of the Wholesale Markets Brokers’ Association (WMBA), has his eye on both European regulatory reforms such as MIFID, MIFIR and EMIR as well as Dodd-Frank in the US. McDonald spoke with John Lothian News Editor-at-Large Doug Ashburn at 2012 SEFCON III about the need for international standardization on OTC derivatives regulation, as well as the push in the Europe toward a single regulatory structure there and the capital requirements that come with it. The question for…