Dominic Hobson sat down with Alan Cameron of BNP Paribas Securities Services, Richard Scavetta of Citi, and Graham Ray of Deutsche Bank at NeMa 2015 in Athens to discuss the imminent arrival of T2S, and how well the industry is prepared for the change.

The global foreign exchange (FX) market is a paradox. With daily trading volume of around US$5 trillion, it’s the world’s deepest and most liquid financial market. And yet recent FX trading scandals have thrown light on the inherent difficulties of ensuring fairness in a market with no central trading venue, no standardised data, little transparency and no code of conduct.

LONDON - TM Advisory Services announces the appointment of Chris Prior-Willeard and his team from Bank of New York Mellon (BNYM). Chris was previously the CEO of the CSD set up by BNYM. As BNYM has placed that operation on hold, TM Advisory Services is delighted to offer Chris and his team the opportunity to continue to explore further the opportunities in the post-trade landscape on which TM Advisory Services particularly focuses.

The prolonged transatlantic battle over the mutual recognition of central counterparty clearing houses (CCPs) reflects deep differences over the costs of resolving a failing CCP. And asset managers may find that their share of those costs is on the rise.

Nick Bradley discusses the importance of financial institutions understanding asset safety in their markets and what TMIDS are doing to help this.