Latest FX derivatives news

• SocGen closes first Ghanaian cross-currency TRS

  

  Société Générale has entered into a $40m cross currency total return swap with Fidelity Bank, the Ghanaian lender, in a trade that participants hope will unlock Ghanian cedi-denominated securities as collateral for further dollar funding.

  • 14 Jan 2019

• Prop traders gear up for another round of capital rules battle

  

  Specialist proprietary trading firms are readying to spend the first quarter in intensive lobbying after the European Council laid out its stance on investment firm regulation this week.

  • 10 Jan 2019

• Banks face price pressure as deal-contingent competition heats up

  Banks providing specialist derivatives that help private equity firms and companies hedge merger and acquisition and project finance risk enjoyed increasing demand for their products in 2018. But that boost in business flow means that the market has begun this year as an arena of intense competition between banks.

  • 03 Jan 2019

• Banks face price pressure as deal-contingent competition heats up

  

  Banks providing specialist derivatives that help private equity firms and companies hedge merger and acquisition and project finance risk have enjoyed a year of increasing demand for their products. But this has been matched by intensifying competition between banks.

  • 21 Dec 2018

• DTCC’s Thompson retires

  

  Vice-chairman of the Depository Trust & Clearing Corporation Larry Thompson has retired after 37 years working at the firm.

  • 20 Dec 2018

• Learning Curve: lessons for SFTR from EMIR

  

  Nearly six years ago to the day the European Commission adopted the technical standards for the European Market Infrastructure Regulation (EMIR) that, among other things, mandated the reporting of derivatives contracts to trade repositories.

  • 20 Dec 2018

• EC pulls brake and grants equivalence to UK clearing houses

  

  The European Commission has finally confirmed that it will grant temporary equivalence to UK central counterparty clearing houses (CCPs) and central securities depositories (CSDs) in the event of a no deal Brexit.

  • 19 Dec 2018

• Lobbyists let loose as SEF reform debate sweeps through swaps market

  

  US swaps participants are emerging from a month of analysing proposed reforms of swap execution facilities (SEFs), with old fault lines opening up between institutions over how they think the rules will change the market landscape.

  • 13 Dec 2018

• Eurex puts company veteran in CTO role

  

  Eurex Exchange has hired a chief technology officer from within its ranks to work on the company’s IT strategy and trading system development.

  • 13 Dec 2018

• SEF rules still in play as new CFTC chair is nominated

  

  US swap market participants are beginning to emerge from reading the 723 pages of proposed rule changes for swap execution facilities and the trade execution requirement published by the Commodity Futures Trading Commission (CFTC). Meanwhile, they received notice this week of the man likely to replace the architect of the proposals.

  • 12 Dec 2018

FX derivatives news archive