CFTC---Commodities and
Futures Trading Commission (US). This US agency was in charge of writing the
rules concerning derivatives in the Dodd-Frank legislation. As this agency was
already in control of options (calls and puts), it sought to bring the rules
for derivatives under control. Lobbyists have tried to squash all efforts. The
notorious credit default swaps are now referred to as “swaptions”, at least
according to legend.
Legend has it the exchange responsible for "publishing transparently" the market data on these instruments is the ISDA (international Swaps and Derivatives Association), and it has been plagued by cries of unfairness on rulings, governed by a board directly linked to the creation and hot potato like distribution of these instruments. Legend has it Thomson-Reuters is now publishing the data…dark pools see also LIBOR . Thanks are in order to the CFTC, ISDA and Thomson-Reuters for the mention.
Legend has it the exchange responsible for "publishing transparently" the market data on these instruments is the ISDA (international Swaps and Derivatives Association), and it has been plagued by cries of unfairness on rulings, governed by a board directly linked to the creation and hot potato like distribution of these instruments. Legend has it Thomson-Reuters is now publishing the data…dark pools see also LIBOR . Thanks are in order to the CFTC, ISDA and Thomson-Reuters for the mention.