Derivs - Equity

The Commodity Futures Trading Commission has again extended no-action relief for the Shanghai Clearing House (SHCH), advocating against enforcement action for failing to register as a Derivatives Clearing Organisation (DCO).

Torstone Technology, the provider of post-trade securities and derivatives processing platforms, has hired Paul Phillips as head of European sales, and Paul Mundy as product manager, as the company plans a European expansion.

Tradeweb Markets, the provider of OTC derivatives trading platforms, has signed up a number of big banks to its Approved Publication Arrangement service, it said on Monday.

The Depository Trust & Clearing Corporation (DTCC) on Monday committed to expanding its use of cloud technology “across a much greater range of its services and applications” over the next three to five years.

Christopher Giancarlo, the acting chairman of the US Commodity Futures Trading Commission, this week opened the path for a return to bank dealer market making as he targeted improved swap market liquidity.

The politically charged debate over euro clearing rumbled on this week as leading regulators set out their positions on where such activity should be located.

Another year, another ISDA conference. But this wasn’t just any other year. With variation margin requirements in the rearview mirror, MiFID II looming in 2018 and the question of London euro clearing troubling many, the trade body had a lot of questions to tackle in just two packed days of panels and speeches.

David Humphrey, who worked at the Securities and Exchange Commission for 16 years, has pleaded guilty to falsifying statements to hide prohibited trading in options and other securities.

The European Energy Exchange (EEX) is set to offer power futures for Central and Eastern European markets in cooperation with Power Exchange Central Europe (PXE).

Eurex, the derivatives exchange of Deutsche Börse, this week began trading futures linked to the iStoxx European equity factor indices.

The European Commission hardened its stance on a clearing exemption for pension funds on Thursday as the final version of a proposed piece of legislation reduced the potential scope of the grace period to five years.

Political risk is fast sliding down investors’ lists of concerns this week with volatility indices falling to levels that some are calling unnaturally low.