In a deferred net settlement (DNS) system, market participants trade with each other over some predetermined time window and then all trades are netted down at the end of the window through a central ...

The COVID-19 pandemic is a test for the multilateral system — one that could not have come at a worse time. The multilateral system is vital to keep supply chains open, allow medical supplies to flow ...

For the best part of a century, the world trade has grown exponentially on the back of rule-based multilateral trading system. The year of 2025 witnessed the 30th anniversary of the World Trade ...

Asia’s businesses and households rely on a global system of rules and institutions to do business overseas. That global system is under attack, and Asian governments are yet to mobilise to stop it.

Regulator to consult on technology provider, request-for-quote system and pre-arranged transaction system use cases that challenge the trading venue regulatory perimeter. ESMA has set out plans to ...

Multilateralism is not an option but a necessity as we build back a better world with more equality and resilience, and a more sustainable world." - Secretary-General António Guterres Multilateralism, ...

The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This ...