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A more fiendish problem than Libor
With just two years to go until the Financial Conduct Authority relinquishes its control of Libor, the road to creating robust alternatives is still under construction.
14 Nov 2019 -
Chatham Financial’s JCRA purchase set to create advisory powerhouse
Chatham Financial, the derivatives and debt management advisory firm, has acquired one of its main rivals, JCRA, in a move that is set to create a dominant global player in the market.
14 Nov 2019 -
Lobbyists plead with European Commission for UK CCP extension
A 14-strong group of trade associations have co-authored a letter asking the European Commission to grant UK central counterparties (CCPs) urgent extensions to their temporary equivalence determinations.
14 Nov 2019 -
ESMA lays out future for third country CCPs
The European Securities and Markets Authority has issued technical advice for the European Commission on the treatment of third-country central counterparties (TC-CCPs).
12 Nov 2019 -
Eurex nabs bank for direct clearing biz
An Austrian firm has become the first European Union-domiciled bank to join Eurex’s ISA Direct offering as a basic clearing member.
12 Nov 2019 -
EU members struggle with last hurdles on CCP resolution
The European Union’s finance ministries are nearing a deal on the draft legal text for central clearing counterparty (CCP) resolution. But they still disagree on the use of CCPs’ own funds in a recovery scenario, as well as on voting rights for smaller states in a resolution college.
11 Nov 2019 -
Quintenz stays firm on hostile EU stance
The US Commodity Futures Trading Commission this week approved foreign boards of trade applications (FBOT) from European derivatives exchanges despite opposition from commissioner Brian Quintenz.
06 Nov 2019 -
Metlife wins turbo boost from derivatives gain
MetLife has reported a $1.25bn third-quarter gain from derivatives positions, significantly boosting its quarterly net income.
31 Oct 2019 -
CME surges after volatile Q3
CME Group has reported a strong set of third quarter results, with double digit growth in the trading of rates, equity and commodity products.
30 Oct 2019 -
Euroclear Finland onboards into T2S, ahead of ECMS
Euroclear Finland will join European securities settlement platform TARGET2-Securities in 2022, in time to also lock into the European Collateral Management System.
30 Oct 2019
