Asia, water, big data, intellectual property and commodities that have not been invented yet will likely be the leading markets in the next 20 years, according to Richard Sandor, who has a pretty good track record on these things.
The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost and complexity to FCM compliance.
Saudi Arabia Capital Markets Authority is seeking feedback from government ministries on the proposed opening of its bourse to direct foreign investment. The draft rules will go for a wider consultation with banks, market participants, and the public.