Anthony Malakian: Weathering the Next Big One

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Anthony Malakian, US Editor, Waters

"There are always going to be crises," says Roger Stein, chief analytics officer at State Street Global Exchange. That blunt assessment of the financial markets is sadly accurate. It's not a question of "if," but "when" the next big one occurs. The hope is that the next one isn't as devastating as the last one, and that it will be a bit more contained and won't deliver as much pain on the general economy.

This last financial crisis brought on what has been described as the Great Recession and

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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