Derivs - Equity

A German MEP reignited the explosive topic of London-based euro clearing on Tuesday, proclaiming that “EU citizens decide on their own money.” A move to force euro clearing to take place inside the eurozone could raise the cost of derivatives collateral and damage risk management, lawyers warned, as well as denting the City's position as a financial centre. Costas Mourselas and Jean Comte reports.

The Taiwan Futures Exchange (TAIFEX) will introduce trading futures on the S&P-500 and the Dow Jones Industrials indices.

The former chief operating officer of the Options Clearing Corporation (OCC), Michael McClain, has joined the Depository Trust and Clearing Corporation (DTCC) as general manager of equity clearing.

Andrew B. Busch has been named by US Commodity Trading Futures Commission (CFTC) acting chairman, Christopher Giancarlo, as the Commission's first chief market intelligence officer.

Euronext spurned the London Stock Exchange Group (LSEG) on Monday by completing a preliminary agreement with Intercontinental Exchange (ICE) Clear Netherlands that will provide the European exchange's clearing services in commodity and financial derivatives for the next 10 years.

The European Securities and Markets Authority (ESMA) today issued regulatory technical standards (RTS) governing the scope of consolidated tape for derivatives and non-equity financial instruments.

The Basel Committee on Banking Supervision (BCBS) slammed global banks on Tuesday after it determined that only one had achieved full compliance with a set of principles aimed at improving risk data reporting.

The International Swaps and Derivatives Association and the International Islamic Financial Market have published a new credit support deed for Islamic hedging transactions, in response to new variation margin requirements.

The International Swaps and Derivatives Association (ISDA) and the International Islamic Financial Market (IIFM) have published a new credit support deed for Islamic hedging transactions in response to new variation margin requirements.

CBOE Futures Exchange (CFE) will be the first the CBOE exchange to migrate onto the Bats technology platform that it recently bought.

The European Commission delivered the final blow to a proposed merger between Europe's biggest stock exchange operators, Deutsche Börse and the London Stock Exchange, on Wednesday, but some market observers wondered whether the parties themselves had gone cold on the deal.

An early week surge in volatility indices had retraced by Thursday, but historically low VIX and Vstoxx levels belie a shift in investor attitudes to the ‘Trump trade’.