A report says there's been limited implementation in the past year
For Canada, total turnover of FX transactions rose by 27.6% since 2016
Market value fell from US$10.3 trillion in June 2018 to $9.7 trillion at the end of the year
Reforms are achieving their goals of promoting central clearing
This increase was driven largely by U.S. dollar interest rate contracts
OTC proposals are “too far-reaching,” some groups argue
Global policymakers seek to further improve derivatives data reporting
The new business conduct regime would set out certain requirements for those dealing in the derivatives market
The report finds a high level of concentration at a small number of CCPs
New report suggests OTC derivatives markets have evolved in line with the objective of promoting central clearing in a bid to curb systemic risk