It has
financial derivatives market, clearing services, and IT business.
Additionally, markets based on contracts, including certain
financial derivatives markets, lack transparency, which complicates regulation.
He was lamenting the commodification of art, and my essay ends with an explanation of how
financial derivatives markets work.
Not exact matches
«There are two things driving the
market: Earnings and the news flow out of Washington,» said Randy Frederick, vice president of trading and
derivatives at the Schwab Center for
Financial Research.
Nonetheless, Arrington acknowledges the crypto
market still lacks the full range of
financial instruments — specifically
derivatives and banks willing to provide loans — that hedge funds typically rely upon as part of their money - making strategies.
The CFTC aims to protect
market participants from fraud, manipulation and abusive practices related to
financial derivatives such as futures and options.
Among other things, the Global Portfolio invests in assets such as listed equities, debt securities, money
market instruments, real estate, commodities, cash and
financial derivative instruments.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital
markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and
market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their
derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10)
financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
«Requiring the banks to pay treble damages to every plaintiff who ended up on the wrong side of an independent Libor ‐ denominated
derivative swap would, if appellants» allegations were proved at trial, not only bankrupt 16 of the world's most important
financial institutions, but also vastly extend the potential scope of antitrust liability in myriad
markets where
derivative instruments have proliferated,» the U.S. Court of Appeals in New York said in the ruling.A U.S. appeals court on Monday revived private antitrust litigation accusing major banks of conspiring to manipulate the Libor benchmark interest rate, in a big setback for their defense against investors» claims of
market - rigging.
The agency, which argued that the London trading position was so large that it manipulated the
market for
financial contracts known as
derivatives, sought an approximately $ 100 million fine and an acknowledgment of wrongdoing from the bank.
Though EU legislation does not officially define what a «
derivative» is, the document notes, the legal framework known as the
Markets in
Financial Instruments Directive (MiFID) provides a basis for defining certain financial instruments as der
Financial Instruments Directive (MiFID) provides a basis for defining certain
financial instruments as der
financial instruments as
derivatives.
This review was conducted to support the priorities established by the
Financial Stability Forum, including enhancing the infrastructure for over-the-counter
derivatives markets and encouraging
market participants to act promptly to ensure that the settlement, legal and operational infrastructure underlying these
markets is sound.
Given bitcoin's notorious volatility, some have raised questions about whether cryptocurrency
derivatives are ready for traditional
financial markets.
On January 18, the European Securities and
Markets Authority (ESMA), a pan-EU
financial regulator, announced the beginning of a consultation period during which it will consider possible restrictions on cryptocurrency
derivatives, specifically contracts for difference (CFDs).
France's
financial markets regulator has said that online platforms which support cryptocurrency
derivative trading must receive approval to offer such services, report trades to a central repository, and may not advertise their digital asset
derivatives.
In the 1990s he fought efforts to regulate
derivatives — that once - opaque corner of the
financial market where mortgage - backed securities and credit default swaps, at the centre of the
financial meltdown of 2008, were flourishing.
The rates that have responded most significantly to lower borrowing costs are short - term loans for
financial speculation, above all for
derivatives and related buying or selling of stocks and bonds on margin — enormous gambles on which way the dollar, the stock
market and interest rates may go.
On October 16, 2017, cryptocurrency
derivatives trading platform LedgerX began listing swaps as well as put and call options for BTC / USD,
financial instruments that are available to the institutional
market in the US.
Financial assets and liabilities whose values, based on unadjusted, quoted prices for identical assets or liabilities in an active
market, examples include active exchange - traded equity securities, listed
derivatives, most United States Government and agency securities, and certain...
Global
financial markets, which lost heavily on
derivatives, are already in free fall.
In a statement issued by Autorite des Marches Financiers (AMF), the nation's
financial market watchdog, regulators said they had noticed a growing trend in unregulated futures and
derivatives trading involving cryptocurrency.
This reflects, at least in part, a view that their OTC
derivative markets are small and, relatedly, did not pose a problem for their banks during the
financial crisis.
As you would expect from the fastest growing
financial derivative, there is an ever increasing number of binary options brokers on the
market.
The equity
derivatives market is in many ways so complex that the
financial press doesn't even report on it.
«What concerns me the most is that we've had spectacular earnings and the
market is just shrugging it off,» said Randy Frederick, managing director of trading and
derivatives at Schwab Center for
Financial Research.
Under the European Union's
Markets in
Financial Instruments Directive II (MiFID II), the FCA does not consider cryptocurrencies to be commodities or currencies for regulatory purposes, but the regulator believes that cryptocurrency derivatives may qualify as financial ins
Financial Instruments Directive II (MiFID II), the FCA does not consider cryptocurrencies to be commodities or currencies for regulatory purposes, but the regulator believes that cryptocurrency
derivatives may qualify as
financial ins
financial instruments.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its
market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital
markets; increased pension, labor and people - related expenses; volatility in the
market value of all or a portion of the
derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public
markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated
financial statements; and other factors.
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform, labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the restaurant industry; factors impacting our ability to drive sales growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack of suitable new restaurant locations; higher - than - anticipated costs to open, close or remodel restaurants; increased advertising and
marketing costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the
market value of
derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the
financial markets; risk of doing business with franchisees and vendors in foreign
markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible assets; a failure of our internal controls over
financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission.
In February the French
financial markets regulator Autorité des marchés financiers (AMF) published a statement that the
derivatives on cryptocurrencies should be regulated under the new
financial reforms in the EU.
But in the realm of finance, as much as we traders appreciate the opportunity to unpack and trade complexity in securities, structures and
markets, we wonder if the overall impact of
financial innovation, including
derivatives, structured products, high - frequency trading and communication advances, is a net negative, albeit with a possibly long delay before the drawbacks become visible» Paul Singer
France's Autorité des marchés financiers (AMF) announced February 22 that cryptocurrency
derivatives should be regulated just like any other
financial instrument and therefore online platforms offering these are included under the new Markets in Financial Instruments Directive (M
financial instrument and therefore online platforms offering these are included under the new
Markets in
Financial Instruments Directive (M
Financial Instruments Directive (Mifid II).
We believe that when clarity returns, the
financial markets of recent years will be unmasked to have been a comprehensive manipulation made possible by the alchemy of transforming real assets into hyperactively traded
derivatives, ETPs, and
financial benchmarks.
Alongside the rise of other
financial technologies like machine learning and artificial intelligence, which will take data analytics to new levels of extrapolation,
derivatives in crypto may be the key to opening up the true potential of
market profitability for cryptocurrencies.
TMX Group, a Canadian
financial services company that operates equities, fixed income,
derivatives, and energy
markets exchanges, has posted a series of short online...
Markets GFI operates leading marketplaces, matching counterparties» trading needs across credit
derivatives and fixed income, foreign exchange and
financial derivatives, equities, and energy and commodities.
In» 08, the
derivatives and credit
markets were locked up that's how got the great
financial crisis.
Over more than 25 years, GFI has expanded both organically and through acquisitions into a broad range of
markets, including fixed income
derivatives, cash fixed income, emerging
market financial products, energy and commodity
derivatives, and equities.
At this point, I thus think that stock
market crash event - trigger will be the detonation of a
derivatives bomb (Warren Buffet's weapon of mass
financial destruction).
For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin
derivatives will be limited to designated contract
markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the
Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes).14
BEST
DERIVATIVES PROVIDERS 2008 Global Finance's fifth annual awards for the World's Best Derivatives Providers come against a backdrop of unprecedented change in financi
DERIVATIVES PROVIDERS 2008 Global Finance's fifth annual awards for the World's Best
Derivatives Providers come against a backdrop of unprecedented change in financi
Derivatives Providers come against a backdrop of unprecedented change in
financial markets.
Those cases include decisions addressing the jurisdiction of the SEC, the CFTC and bank regulators over newly created
derivatives and other
financial instruments; the scope of the definition of a «security»; the availability of private damage actions; extraterritorial application of U.S. securities and futures laws; the standards of liability for fraud and manipulation; electronic trading
markets; and the scope of fiduciary obligations of brokerage firms and banks.
Yet anyone who expected the subprime mortgage implosion in 2007 and the ensuing stock
market crash in 2008 to scare investors away from using
financial derivatives could hardly have been more wrong.
The
Financial Stability Board, in conjunction with the BCBS, CPMI and IOSCO have launched a broad survey about Cleared
derivative markets.
As the global
financial system struggles to work its way out of the crisis and regulators in the US and Europe begin the painstaking process of
derivatives reform, prime brokers, dealers and other
derivatives providers find themselves staring across a dramatically altered
market for options, futures, swaps and structured and more - exotic products.
Green also reminded the Congressional members present that the «unregulated OTC
derivatives market was at the heart of the 2007 - 2008
financial crisis, which cost 8.7 million Americans their jobs, 10 million families their homes, and eliminated 49 percent of the average middle - class family's wealth compared with 2001 levels.»
On February 14, the week after the Dow Jones Industrial Average experienced two separate days of more than 1,000 - point losses, the House
Financial Services» Subcommittee on Capital
Markets, Securities and Investment convened a hearing to discuss various legislative proposals to return to the wild west era of
derivatives trading on Wall Street.
The credit and
derivatives problems are, in reality, are worse now than they were in the period leading up to the
financial market collapse.
Some 40 % of the notional value outstanding in over-the-counter
derivatives markets is already cleared, and a further 39 % could be cleared, according to a study by the TABB Group, a
financial markets research firm.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate
markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new
markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and
financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities,
derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key
markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and
market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
Professor Pirrong's research focuses on the organization of
financial exchanges,
derivatives clearing, competition between exchanges, commodity
markets,
derivatives market manipulation, the relation between
market fundamentals and commodity price dynamics, and the implications of this relation for the pricing of commodity
derivatives.