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JP Morgan and Dutch pension fund PGGM transacted derivatives margin trade
◆ Chinese bank treasury shift from USTs to dollar callables considered ◆ Some European SSAs face cross-currency limitations ◆ Previous market staple 'almost non-existent'
Bank intermediaries eye resurgence in profitable trades
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As banks struggle with tracking brokerage costs, they need to work out ways to properly manage cost transparency by normalising their trade data.
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A fund and a local securities exchange will create the first clearing house in Nigeria. Both hope it will bolster liquidity and improve financial stability in the Nigerian capital markets.
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Top officials from global supervisory bodies furiously debated the implications of new European rules that change the oversight of foreign clearing houses, covering the role of central banks, national regulators and arrangements in crisis situations.
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Singapore Exchange is maintaining a calm face as it fights for its Indian derivatives products, after receiving a legal challenge from the National Stock Exchange of India.
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Larry Thompson, vice-chairman of the Depository Trust & Clearing Corp, on Tuesday suggested that populist rhetoric in the US might be overshadowing President Trump's strong choices of leaders in independent financial oversight agencies.
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The Depository Trust and Clearing Corporation has appointed two new directors to its board after a vote at its annual shareholders meeting.