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Would stricter rules help prevent flash crashes, or just increase costs? Two experts have their say

As US swap execution facilities go live, the EU’s move to mandatory exchange trading continues. Here’s what is helping, and impeding, harmonised US and EU responses to the G20 swap trading mandate

Mongolia has been burnt by some populist and poorly planned policies. Here’s how it’s rebuilding an inclusive investment environment

Chuks Okoye Nigeria's capital market operators and regulators have recently made significant efforts to deepen the capital market, including the introduction of market markers in the Nigerian Stock Exchange in 2012. The impact of that intervention has already been felt, with the NSE recording a 37% growth in market capitalisation at the close of 2012, making it one of the best choices for investment globally. The recent commencement of trading by two new platforms, the National Association Securities Dealers (NASD) OTC platform and the FMDQ OTC platform promoted by the Financial Markets Dealers Association are progressive attempts at expanding the pie. The NASD OTC provides a regulated platform for the trade in securities of unlisted public companies in Nigeria thus creating an avenue for much needed liquidity and transparency for such securities. The FMDQ OTC on the other hand sets out to promote over the counter trading in financial market instruments such as treasury bills, bonds, repos and foreign exchange. These platforms seek to increase the available channels and instruments for capital market transactions. They also are aimed at catalysing the development and usage of those instruments traded as investors have the incentive of a liquid market and a transparent process.

Mian Muhammad Nazir The exponential growth of the Islamic finance industry mandates innovative product development to support the stakeholders without compromising on the principles of Shariah. The Dubai Multi Commodities Centre (DMCC) Commodity Murabaha Trading Platform (CMTP) is one such initiative. It is now fully functional and aligns with the vision of HH Sheikh Mohammed Bin Rashid Al Maktoum, UAE vice-president and Prime Minister and ruler of Dubai, for the Emirate to become a global hub for Islamic finance and economy. The CMTP enables electronic transfer of ownership and possession through tradable warrants. It provides a holistic solution to the Islamic finance industry through a fully electronic commodity murabaha trading platform with a complete transfer of ownership and possession of locally stored Shariah-compliant commodities in accordance with the applicable laws.

The lighter side of the past month in the world of financial law

Over summer Ireland became the first in Europe to put forward a regulatory framework for loan origination by alternative investment funds.

Eratat Lifestyle's private placement is thought to be the first asset-backed securitisation sold in the dim sum market. Perhaps more significantly, the deal also introduced the concept of tranching into the market.

Was this consulted in the selection process?

The US has taken a tough approach to leverage ratios. Will this embolden European regulators?