Derivs - Interest Rate

The Singapore Exchange has created standardized product disclosure templates for structured products and funds to enhance transparency and understanding.

Australian regulators are eyeing onshore mandatory clearing for Australian dollar-denominated interest rate swaps.

BGC Partners is shopping structured notes linked to property and inflation, the first of their kind, according to market players.

Risk aversion trading stayed the key theme in the markets this last week following further unraveling of Greece and the inability of the European Central Bank and Germany to reach an agreement on how to deal with it.

Guy Cornelius, co-head of fixed-income sales for Europe, the Middle East and Africa at Nomura in London, has left the firm.

The board of directors of corporates will become responsible for risk management oversight, which typically covers derivative use, as opposed to the audit committee, under a Monetary Authority of Singapore proposal in a new consultation paper.

Before The Dodd-Frank Wall Street Reform and Consumer Protection Act, loan credit default swaps and loan total return swaps were outside the ambit of each of the Commodity Exchange Act, the Securities Act of 1933 and the Securities Exchange Act of 1934.

Credit Suisse has launched a structured product linked to eight microfinance local currency loans, the first of its kind according to structurers in Europe and Asia.

U.S. Federal Reserve Chairman Ben Bernanke’s speech this week came as a poignant reminder that the Fed, whilst looking towards the future and how to begin the task of unwinding its easy monetary policy, is still in a wait-and-see mode.

Eurex Clearing is about to offer segregated accounts for clients of clearinghouse members for over-the-counter derivatives, the first central counterparty to do so.

LONDON - Following a discussion of the proposed tie-up between NYSE Euronext and Deutsche Börse at IDX 2011 this week, Nicolas Bertrand, head of equity and derivatives markets at the London Stock Exchange, made the fairly innocuous comment that the size of exchanges should be considered as a possible roadblock to competition.

Interest rate derivative traders are not prepared for Dodd-Frank.