Derivatives - All Articles

  • ISDA Create launches as industry nears IM phase four

    The International Swaps and Derivatives Association (ISDA) launched a full version of its online solution for initial margin (IM) documentation on Thursday in partnership with law firm Linklaters.

    • 31 Jan 2019
  • ESMA signals flex on EMIR clearing, trading obligations

    The European Securities and Markets Authority (ESMA) has indicated that smaller counterparties and other reporting entities should be afforded some wriggle room over the implementation of new clearing and trading obligations. While deadlines for technical compliance are looming, recent amendments to EU regulation should imminently remove uncertainty over the new requirements.

    • 31 Jan 2019
  • Six banks in the pipeline for Deutsche Börse blockchain product

    Deutsche Börse has revealed that six banks have signed up to its blockchain offering for collateral swaps in the securities lending market as it hailed “significant progress” in development of the solution.

    • 30 Jan 2019
  • Oslo Børs acquisition battle revs up with Nasdaq bid

    Nasdaq has made a bid for Norwegian exchange group Oslo Børs VPS, firing up a takeover battle with rival Euronext.

    • 30 Jan 2019
  • ISDA pairs with AcadiaSoft on initial margin offering

    The International Swaps and Derivatives Association (ISDA) has teamed up with software firm AcadiaSoft to automate data transfer as it seeks to better help market participants in coping with the implementation of initial margin (IM) requirements for non-cleared derivatives.

    • 29 Jan 2019
  • CFTC reopens from shutdown with packed agenda

    The US Commodity Futures Trading Commission (CFTC) reopened for business on Monday after a long-running US government shutdown, welcoming back hundreds of employees to their desks.

    • 29 Jan 2019
  • SEBI approves CCP status for pair

    The Securities and Exchange Board of India (SEBI) has granted the status of qualified central counterparty (QCCP) to International Clearing Corporation (IFSC) and NSE IFSC Clearing Corporation.

    • 28 Jan 2019
  • HMT stands strong on EC commodity derivs

    HM Treasury said it was business as usual after the European Commission referred the UK to the European Court of Justice (CJEU) over its failure to charge value-added tax (VAT) on commodity derivatives.

    • 28 Jan 2019
  • Southern Water launches last step in cap stack revamp

    Southern Water launched a tender offer on Wednesday as the last step in a full-scale revamp of its capital structure — a journey which helped RBS handle nearly £1.3bn in uncollateralised swap exposure — in the largest ever repackaging of inflation risk. Ross Lancaster and Owen Sanderson report.

    • 24 Jan 2019
  • Byte Me: the dangerous road to AI in credit

    A few years ago, artificial intelligence was only the hipster’s choice for ‘most important tech innovation in finance’. But AI is fast supplanting blockchain as The Next Big Thing in capital markets. There is a theory that cool things are no longer cool once finance types start to like them. So, in that spirit here’s ByteMe’s guide to the perils of an AI dystopia.

    • 24 Jan 2019