Latest FX derivatives news

• BNPP hires Goldman vet for FX options

  

  BNP Paribas has hired Baris Temelkuran as global head of G10 FX options trading.

  • 17 Sep 2018

• CLS CEO steps down, chairman to take on interim role

  

  David Puth, the CEO of FX settlement firm CLS, will step down from his position at the end of this month.

  • 17 Sep 2018

• Power trader default hammers Nasdaq, puts CCPs on trial

  

  Derivatives clearing specialists were left scrambling for information this week as lone Norwegian trader Einar Aas defaulted on his Nordic and German power portfolio, creating a €107m hole in Nasdaq Clearing's €166m Commodity Member Default Fund.

  • 13 Sep 2018

• AMF warns investors on restricted retail derivatives

  

  Autorité des Marchés Financiers, the French markets regulator, has reemphasised the importance of a Europe-wide ban on binary options and restriction on contracts for difference.

  • 11 Sep 2018

• BNPP promotes FX banker to global head role

  

  BNP Paribas has appointed a senior banker from its ranks to head its FX prime brokerage business.

  • 07 Sep 2018

• WFE piles pressure on leverage ratio for clearing

  

  The World Federation of Exchanges (WFE) on Friday said that the leverage ratio should recognise the exposure-reducing nature of initial margin, becoming the latest body to call for change on the issue.

  • 07 Sep 2018

• Giancarlo apologises for past CFTC strategy, extols deference

  

  The chairman of the US Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, has apologised for the past imposition of US swaps rules on foreign territories, calling it an “over-expansive assertion of jurisdiction”.

  • 05 Sep 2018

• US Senate confirms two new CFTC commissioners

  

  The US Senate Committee on Agriculture, Nutrition and Forestry has confirmed the nominations of Dawn DeBerry Stump and Dan Michael Berkovitz to serve as commissioners at the Commodity Futures Trading Commission (CFTC).

  • 29 Aug 2018

• SEF reform pushed back to autumn as CFTC awaits commissioners

  

  The US Commodity Futures Trading Commission (CFTC) expects to publish new rule proposals for swap execution facilities (SEF) this autumn — reforms that were expected in the summer.

  • 23 Aug 2018

• FIA calls for public scrutiny of 'de minimis' calculation

  

  The Futures Industry Association (FIA) has called for greater transparency in efforts by US regulators to determine the method for calculating the notional threshold at which dealers have to be registered as swap dealers.

  • 14 Aug 2018

FX derivatives news archive