With UMR deadlines fast approaching, buy side firms need to prepare. Uncleared Margin Rules have the potential to significantly shake up the FX ecosystem with notable changes to operating models on the buy and sell side.
Cutting through the legal jargon, and breaking down the complexities, the UMR & Clearing Series is designed to help Finance Hive members build a clear picture of how the impending UMR deadlines will affect the industry, their firm and their roles by establishing an ongoing dialogue among leaders in the industry.
UMR is a problem designed to be solved by something other than the regulation which underpins it. It is literally driven in a way which encourages firms to consider what a beneficial alternative could look like!
Neil Colquhoun, Project Manager, Baillie Gifford
Integrating Clearing into FX Workflow
Hosted by Trade Nexus
12th May, 11.00-12.30 BST
FX Clearing Solution Spotlight
Hosted by CME and Eurex
20 May, 12-1.30 BST
Finance Hive Members Include:
Hive Spotlight: Director Capital Markets Americas, Deutsche Bank Private Bank
What value does The Finance Hive bring to you?
As there’s a no press policy, people are encouraged to open up. The fact there is no sell side present shows due diligence. It’s a trusted network now which is proven by the organisations that attend. For example, certain firms are very secretive about how they make decisions, and even they show up. Additionally, many “real money shops” attend. I think The Finance Hive has already established itself as an honest broker, if you will, which lends to the success of the meetings.