Derivatives - All Articles

  • FSB finds limited progress on G20 reforms

    The Financial Stability Board has pointed to scant progress in the implementation of over-the-counter derivatives reforms during the past year.

    • 15 Oct 2019
  • Eurex launches new dividend futures

    Eurex has launched a new product suite in partnership with MSCI that enables investors to hedge their global dividend exposure.

    • 15 Oct 2019
  • CME enjoys record quarter in APAC

    CME Group has reported record quarterly derivatives volumes in the Asia Pacific region along with a significant upturn in global trading volumes.

    • 14 Oct 2019
  • FCA fines Tullett Prebon £15.4m

    The UK’s Financial Conduct Authority has fined interdealer broker Tullet Prebon £15.4m over various alleged failings, including broker conduct. The FCA claimed “lavish entertainment” and a “lack of controls” had allowed improper trading to take place.

    • 11 Oct 2019
  • Unresolved DTO saga furrows path to SEFs

    Antagonism between the United Kingdom and European Union in Brexit negotiations is making interest rate and credit swap market fragmentation more likely by the day, as market participants in both jurisdictions solidify backup plans to trade on US swap execution facilities (SEFs).

    • 10 Oct 2019
  • Trading hits the million mark in Nasdaq ESG futures

    Trading in Nasdaq’s Stockholm ESG equity index futures has surpassed 1m contracts in the year since their launch, as investors clamour for sustainable investment tools.

    • 10 Oct 2019
  • Hedged solar in Texas opens door to world of options

    Sponsors that are bullish on the project finance market for solar assets in Texas have begun to explore contract structures that preserve more potential upside in their hedges while still providing comfort to lenders and tax equity investors.

    • 10 Oct 2019
  • Rates desks seek CLO tranches for spare parts

    Rates trading desks are seeking owners of triple-A European CLO tranches, because of the value of the embedded Euribor floors, which convert negative Euribor prints to 0%. These can be stripped out and sold to the market, monetising a feature of the bonds that has become sharply more valuable as euro interest rates have plunged this summer.

    • 10 Oct 2019
  • CPMI and IOSCO lay out derivatives reporting roadmap

    A new report from the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) has set out the governance of key over-the-counter (OTC) derivatives data elements.

    • 09 Oct 2019
  • Fed adds support to Volcker changes

    The US Federal Reserve has given its final approval to amendments of the Volcker Rule, joining four other US regulatory agencies in backing relaxations of prop trading restrictions.

    • 09 Oct 2019