Latest FX derivatives news

• ISDA rolls CDM out for UK regtech pilot

  

  The International Swaps and Derivatives Association is using its ISDA Common Domain Model (ISDA CDM 2.0) in a pilot involving the UK Financial Conduct Authority, the Bank of England and various financial institutions.

  • 04:30 PM

• European regulators slam FX banks with €1.1bn fines

  

  The EU has fined five big banks about €1.1bn in total after it found that some of their currency traders were involved in a foreign exchange cartel.

  • 16 May 2019

• EuroCCP hires former LCH head

  

  Netherlands-headquartered clearinghouse EuroCCP has appointed ex-LCH man David Hatton as its chief technology officer.

  • 14 May 2019

• HKEX derivatives volumes fall, extended trading hours signalled

  

  Hong Kong Exchanges and Clearing (HKEX) has reported a fall in derivatives volumes for the first quarter of the year.

  • 08 May 2019

• Glenmede hires Susquehanna head

  

  Glenmede Investment Management (GIM) has appointed Stacey Gilbert as portfolio manager in its derivatives team.

  • 07 May 2019

• Giancarlo talks EMIR 2.2, farmers' dervis fear

  

  Public tension has diminished between European and US regulators over the former’s determination to increase its supervisory powers over clearing houses, but concerns are still simmering, as this week’s testimony from the US Commodity Futures Trading Commission (CFTC) chairman showed.

  • 02 May 2019

• CFTC mulls clearing amendments in wake of Nasdaq

  

  The Commodity Futures Trading Commission (CFTC) is proposing amendments to the rules governing swaps clearing as it seeks to streamline processes and respond to recent events such as September’s Nasdaq Clearing default.

  • 30 Apr 2019

• EU and UK traders mull SEFs as no-deal Brexit hedge

  

  Uncertainty around how MiFID II’s trading obligation will function after Brexit is leading UK and European derivatives trading houses to consider executing trades in other jurisdictions.

  • 25 Apr 2019

• Brexit depressing UK derivatives markets, survey suggests

  

  A new survey has suggested that Brexit uncertainty is weighing on activity in the UK derivatives market, sapping revenue growth prospects and raising costs.

  • 17 Apr 2019

• Ex-Instinet Finzi joins blockchainer

  

  TrueDigital, a New York company that uses blockchain-based technologies to offer margined deliverable swaps on bitcoin, has hired Michel Finzi, a former managing director and SVP at Instinet, as its chief commercial officer. It has also hired two ex-Citigroup bankers as salespeople.

  • 16 Apr 2019

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