People & Markets - All Articles

  • CFTC and BoE tie up clearing agreement

    The US Commodity Futures Trading Commission and the Bank of England signed a memorandum of understanding on Tuesday regarding the oversight of derivatives clearing.

    • 22 Oct 2020
  • CCP Sofr switch gives needed boost to Libor move

    The transition from Ibor benchmarks passed a major milestone this week, when LCH joined CME in switching its discounting rate for dollar referencing derivatives from the Fed Funds Rate to Sofr.

    • 21 Oct 2020
  • Perkins and Wilson take Citi clearing reins after Kemp departure

    Citi has appointed Christopher Perkins and Sabrina Wilson as global co-heads of its futures, OTC clearing and FX prime brokerage business, following Jerome Kemp’s retirement from the industry.

    • 16 Oct 2020
  • ISDA fallback boost gives needed spur to Ibor transiton

    The International Swaps and Derivatives Association broke ground earlier this month in Libor transition when it the US Department of Justice approved its derivatives fallbacks. Market participants now face a busy few weeks working out if the protocol fits their differing needs.

    • 15 Oct 2020
  • Short vol opportunities open up amid US options swings

    Amid heavy options trading activity ahead of a US election that most market participants expect to be bitterly contested and drawn out, opportunities are opening up to play the short volatility position that had proven so popular before the pandemic.

    • 15 Oct 2020
  • TP ICAP prepares for fixed income push with Liquidnet buy

    Interdealer broking giant TP ICAP has advanced further into buy-side revenue streams, with specific plans to target fixed income markets, as it clinched its acquisition of trading platform provider Liquidnet for an initial $575m last Friday.

    • 09 Oct 2020