Top Section/Ad
Top Section/Ad
Most recent
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
The derivatives market gathered in London on Thursday night to celebrate its leading players
Internal restrictions mean SSAs issue fewer CMS-linked notes
JP Morgan and Dutch pension fund PGGM transacted derivatives margin trade
More articles/Ad
More articles/Ad
More articles
-
The idea that non-deliverable forwards should be cleared has never been easy to swallow for some in the FX market. So it comes as no surprise that the European Securities and Markets Authority has decided not to introduce clearing for NDFs. To implement that mandate now would mean piling pressure on market participants to clear an unstandardised, infant product at the same time as they are grappling with clearing for credit default swaps and interest rates.
-
The British Bankers Association (BBA) has suggested that the UK's Prudential Regulatory Authority and Financial Conduct Authority extend their controversial Senior Managers Regime (SMR) to include other firms in the wholesale markets. This move is likely to hit the broker community the hardest. -
FX derivatives traders breathed a sigh of relief after the European Securities and Markets Authority scrapped clearing of non-deliverable forwards for the time being. This was bad news for LCH.Clearnet, which is the only European clearing house authorised to clear NDFs, but good news for other third-country central counterparties who are still waiting to be recognised as equivalent to their European counterparts — a problem that has superseded all others in NDF discussions. Hazel Sheffield reports.
-
Last week, TABB Forum held a conference in New York where senior buysiders, sellsiders, exchanges, clearing houses, lawyers and other market officials met to discuss the trading and regulatory landscape in the fixed income derivatives markets. GlobalCapital reported from the event on hot topics such as liquidity, fragmentation, volatility, Dodd-Frank, trading and execution legislation, and more.
-
SIX Securities Services, a Swiss clearing house and provider of post-trade services, has announced plans to establish a trade repository for derivatives in Switzerland using the London Stock Exchange’s UniVista platform.
-
The cost of downside put protection rose over the past week, suggesting continued risk aversion among investors as they weigh a diverse set of obstacles to stability and global growth.
