Latest interest rate derivatives news

• JP Morgan to cough up $65m over IsdaFix attempted manipulation

  

  The Commodity Futures Trading Commission on Monday settled with JP Morgan for $65m over charges that its traders had attempted to manipulate the dollar IsdaFix swap rate benchmark between 2007 and 2012.

  • 12:00 PM

• BoE paper: leverage ratio disincentivises client clearing

  

  The Bank of England has released a new working paper on the impact of the leverage ratio for derivatives, arguing that the ratio had a “disincentivising effect” on client clearing for the period evaluated, confirming the views of many industry participants.

  • 18 Jun 2018

• Eurex rewards active banks in IRS clearing

  

  As Brexit uncertainty kicks in, the clearing arm of German derivatives bourse Eurex has rewarded ten market participants, including HSBC and Barclays, for actively clearing interest rate swaps.

  • 13 Jun 2018

• EU lawmakers to negotiate pension fund clearing exemption

  

  European member states and the EU Parliament will soon begin difficult talks to decide the length of an additional clearing exemption for pension funds.

  • 13 Jun 2018

• TruePTS signs JP Morgan, Citadel amid uncertain post-trade future

  

  TruePTS, a derivatives post-trade company set up by trueEX, is gearing up to face off against derivatives processing utility MarkitSERV as it launches its offering for buy-side firms.

  • 12 Jun 2018

• SEF interest rate derivative volumes up 22.3% in May

  

  Interest rate derivative volumes in swap execution facilities (SEFs) were up 22.3% in May compared to the same month last year, according to new data from the Futures Industry Association.

  • 11 Jun 2018

• Learning Curve: the growing need to normalise trade data

  

  As banks struggle with tracking brokerage costs, they need to work out ways to properly manage cost transparency by normalising their trade data.

  • 07 Jun 2018

• Trump has made strong picks for reg agencies, says DTCC's Thompson

  

  Larry Thompson, vice-chairman of the Depository Trust & Clearing Corp, on Tuesday suggested that populist rhetoric in the US might be overshadowing President Trump's strong choices of leaders in independent financial oversight agencies.

  • 05 Jun 2018

• DTCC adds two to its board

  

  The Depository Trust and Clearing Corporation has appointed two new directors to its board after a vote at its annual shareholders meeting.

  • 04 Jun 2018

• Flee Libor or face uncertainty, warn regulators

  

  The financial industry was told by regulators from the UK, Europe and the US this week to take the initiative in the transition from using Libor as a reference rate by the 2021 deadline.

  • 31 May 2018

Interest rate derivatives news archive