EU and US regulators agree on margin equivalence
As the regulators take a common approach, Mifid II-regulated venues look set to be exempt from Sef registration requirements
The US Commodity Futures Trading Commission (CFTC) and the European Commission have agreed on a common approach regarding certain derivatives trading platforms, meaning European firms will be able to continue trading them in authorised US markets.
The announcement on October 13 will pave the way for Valdis Dombrovskis, the European commissioner for financial services, to recommend the European Commission recognise as equivalent US trading venues – including swap execution facilities (Sefs) and
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