Latest interest rate derivatives news

• Libor needs a revival, not a funeral

  

  The derivatives industry is engaging with efforts to create credible alternative reference rates to Libor, but three years is too little time to achieve this and more attention needs to focus on the existing benchmark itself.

  • 19 Apr 2018

• Three firms launch initial margin repapering platform

  

  Allen & Overy, IHS Markit and Smart Communications subsidiary SmartDX on Thursday announced that they had launched a platform to speed up the repapering of derivatives contracts, in anticipation of new regulatory requirements.

  • 19 Apr 2018

• Stoxx targets LDI with indices, laying ground for derivatives

  

  Stoxx on Thursday announced the launch of indices for the liability driven investment industry, products that are ready suited for derivative contract creation.

  • 19 Apr 2018

• ECB makes power play over clearing in leaked doc

  

  The European Central Bank (ECB) has proposed new powers that could allow it to control elements of foreign clearing houses’ operations (CCPs) in “exceptional” crisis situations, according to a leaked position paper. This is likely to escalate already tense relations with US regulators.

  • 19 Apr 2018

• ICE decides on June date for its Sonia futures launch

  

  Intercontinental Exchange on Wednesday announced that it would be launching its three month futures on regulators’ chosen successor for Libor, the sterling overnight index average, on June 1.

  • 18 Apr 2018

• Trump to nominate Berkovitz for CFTC spot

  

  US President Donald Trump will nominate lawyer Dan Berkovitz to be a commissioner at the Commodity Futures Trading Commission, the White House revealed on Monday.

  • 17 Apr 2018

• Learning Curve: CCP switching post-Brexit

  

  Not a day goes by without some analyst, regulator or senior exchange executive weighing in on where the clearing of euro swaps should reside post-Brexit.

  • 16 Apr 2018

• LSE appoints new CEO from Goldman

  

  The London Stock Exchange Group has appointed David Schwimmer, a former Goldman Sachs banker, as CEO of the company.

  • 13 Apr 2018

• Industry bodies push for relief on risk reduction trades

  

  Four major capital markets and banking industry bodies have urged European legislators to change existing rules to allow for more efficient risk reduction in the derivatives markets.

  • 10 Apr 2018

• FCA flags clearing, trading competition concerns

  

  The Financial Conduct Authority on Monday expressed concerns over the potential consolidation of market power in the hands of a few trading and clearing players, saying that a "lack of competition" could result in "higher prices" or a reluctance to invest to meet client needs.

  • 09 Apr 2018

Interest rate derivatives news archive