Monthly Archives: March 2012

Singing Its Own Tune: Singapore’s Proposed OTC Derivative Reform

In February, the Monetary Authority of Singapore released their consultation paper on over-the-counter (OTC) derivative reform. At first glance, the proposed reform may appear soft and flexible compared to the hard and rigid structures taking shape in the West. However, when you consider their proposal in the context of the…

READ MORE

Leave a comment  

A Leopard Can Change its Spots: Bloomberg Moves Toward Openness

Bloomberg is renowned for its inflexible cost structure. It would be impossible for me to count the number of times over the years when a representative of Bloomberg has reiterated that they could not adjust their prices. Regardless of the reason for my request: a gap in functionality, a problem…

READ MORE

Leave a comment  

When the Going Gets Tough, the Tough Get Creative: Electronic Trading Releases Some Bold New Ideas

Just when we were beginning to think the world of electronic trading and alternative trading was getting a bit stale, some innovative and noteworthy initiatives surfaced on three continents this February. Australia made news with the announcement of a new electronic exchange, Money Market and Debt eXchange (MMDAX). The aim…

READ MORE

Leave a comment  

Korea Update: Risks of a Return to The Hermit Kingdom for Derivatives?

This month, we have a special contribution from Chris Price, MD of AsiaEx Consulting. AsiaEx Consulting is a specialist consultancy committed to providing expert, practical and independent advice on the complex and fluid world of market structure in Asia. Chris writes about the proposed regulatory reforms in Korea and the…

READ MORE

Leave a comment  

About The Author

Donna Bales
is a product development professional with a proven track record of managing complex capital market industry initiatives during times of significant market change and market structure reform. Donna is the founder and managing director of Balmoral Advisory, a boutique advisory firm that works with exchanges, regulators, technology firms, market participants and market data vendors to identify and evaluate business opportunities, understand and respond to changing industry/market dynamics and develop and implement strategies and solutions that make sense now and in the future. In addition she acts as a strategic advisor to an international consultancy firm, CollegeHill Asia and sits on the Board of 3Q Innovation, a non-profit that focuses on retraining and replacement of older workers after protracted unemployment. Originally from Canada, Donna holds a bachelor degree in Economics from the University of Western Ontario.