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Bank intermediaries eye resurgence in profitable trades
◆ UK rule change cheers covered bonds... ◆ ... as it shelves Taxonomy plans amid wider transition shift ◆ Digital markets: what makes a swap smart
Supporters claim smart derivative contracts remove need for central counterparties
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TP ICAP has appointed Michel Planquart as regional CEO for EMEA, giving him oversight of risk and governance for the region.
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Bloomberg has acquired regulatory consultancy and technology company RegTek Solutions as it pushes to strengthen its regulatory reporting product.
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ING has launched the world’s first sustainability improvement derivative, a derivative with a credit spread that is linked to sustainability performance. The trade comes amid growing demand for environmental, social and governance derivatives products.
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The Global Association of Central Counterparties (CCP12) has warned against further regulation of default management auctions and the risk of adopting a “one-size-fits-all” auction approach to central counterparty clearing houses (CCPs).
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Interdealer broker Tradition’s data and analytics unit has partnered with risk pricing specialist Numerix to launch an FX derived data product.
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The US Commodity Futures Trading Commission has appointed Summer K. Mersinger as director of the office of legislative and intergovernmental affairs and Suyash G. Paliwal as director of the office of international affairs.