Tag: spotlight review

Latest FMSB Paper Looks at Execution Quality in FICC Markets

The FICC Markets Standards Board (FMSB) has released a fourth, and what it says is its last spotlight review, this one studying the challenges in measuring execution quality and how different participants assess it. FMSB acknowledges the increased focus on best execution and transaction cost analysis (TCA) by market participants and regulators and says that […]

FMSB Investigates Role of Machine Learning in Market Surveillance

The FICC Market Standards Board (FMSB), has published its latest Spotlight Review, which looks at the impact of machine learning on market surveillance functions as part of the broader challenges facing institutions as they establish oversight frameworks. It argues, “Machine learning could lead to fundamental changes in market surveillance given its ability to process complex, […]

FMSB Releases Third Spotlight Paper on Libor Transition

The FICC Markets Standards Board (FMSB) has published its latest Spotlight Review on Libor transition with practical case studies to support firms when considering the risks to fairness and effectiveness as the market moves to risk-free rates as more sustainable and representative benchmarks. As the risks associated with the continued provision of new LIBOR-linked products […]