ICE reposted this
New global regulations are changing the best execution requirements for both listed and over-the-counter (OTC) derivatives, prompting all registered institutions to review and enhance their policies, controls and management supervision. The HKMA has launched its fifth Regtech use case bulletin, featuring ICE’s Best Execution Services. The solution makes use of advanced analytics to derive a single reference price for an OTC derivative, which is particularly useful for bespoke and highly exotic instruments where multiple quotes are unavailable. Read the bulletin to learn more: https://lnkd.in/g2ZTUS-Y For more industry updates, visit our Regtech Knowledge Hub: https://lnkd.in/gsKAtdMe