Derivatives - All Articles

  • More time needed on variation margin, says ISDA

    Derivatives market participants should be given a relief period on variation margin rules after the slated March 1 deadline, the International Swaps and Derivatives Association has said, adding its voice to a rising clamour across the industry.

    • 31 Jan 2017
  • ESMA warns on derivs trade data transfer

    The European Securities and Markets Authority wants to standardise the way that trade repositories and market participants transfer data on derivatives obligations, having warned that problems could arise under the Markets in Financial Instruments Directive II (MiFID II) regulations.

    • 31 Jan 2017
  • TP ICAP makes data push with first buyout

    TP ICAP, the firm formed in the recent merger of Tullett Prebon and ICAP, has made its first acquisition with the addition of Burton-Taylor International Consulting to its data and analytics division.

    • 30 Jan 2017
  • Variation margin deadline must be delayed, says buy-side

    Pension funds and other buy-side institutions are not prepared to meet new variation margin rules expected to come into force on March 1. And if they cannot trade, the regulation is not worth the paper it is written on, delegates heard at a conference in Luxembourg last week.

    • 30 Jan 2017
  • Trump timebomb ticks but where is the vol?

    In an age of irony, financial markets are hitting their peak. Measures of volatility, across almost any asset suggest squeezed trading ranges and pricing exactitude just as the most volatile US president in living memory settles into his new job. Something has to give.

    • 26 Jan 2017
  • Credit and equity set to be stumped if anything brings surprises

    Credit and equity markets are “entirely unprepared” for volatility in the coming month, say traders, with any big surprises likely to wrong-foot swathes of market participants.

    • 26 Jan 2017
  • ESMA targets clearing as reg shift looms

    The European Union this week added to the sense that global derivatives market regulation is set for a shake-up, with the European Securities and Market Authority calling for changes to “third country” central counterparty treatment and for a softer stance on how some market participants adhere to clearing rules.

    • 26 Jan 2017
  • Deutsche Börse to build up blockchain for collateral transfer

    Deutsche Börse is working on a “collateralised coin” using blockchain technology, which it hopes could ease payments and the moves of collateral between the clearing members of its centralised counterparty (CCP), Eurex. The initiative follows closely on the heels of two earlier blockchain-inspired collaborative efforts that aim to ease cross-border collateral transfer and the securities settlement process.

    • 26 Jan 2017
  • Lloyds names top team for new look markets biz

    Following Lloyds Bank's creation of the "CB markets" division, combining trading with capital markets origination, James Garvey, the division’s boss, has laid out the management team for the new structure.

    • 26 Jan 2017
  • Eris Exchange makes moves to boost clearing

    Eris Exchange, the US based swap futures exchange, added to its clearing members this week and appointed a global business development head to bring on board critical support providers for clearing, order management and execution.

    • 25 Jan 2017