Derivs - Interest Rate
-
Natixis has hired Bryan North-Claus as head of fixed income sales Americas, as part of the French bank's push to improve its American business.
-
Lewis Kaden, a former vice chairman at Citi, has taken a position on the advisory board of Baton Systems, the fintech payments processing company.
-
LCH SwapAgent has processed its first trades, with Citi and Deutsche Bank becoming the system's first counterparties as they executed a Swiss franc denominated interest rate swap and a euro denominated inflation swap.
-
Derivative volumes for August rose above those for August 2016 as North Korea's aggressive rocket and nuclear warhead actions increased geopolitical concerns and market volatility.
-
CME Group on Wednesday shut its London-based derivatives exchange, CME Europe, and clearing house, CME Clearing Europe. All positions that were still open on August 30 have now been closed and settled.
-
The US Federal Reserve Board is seeking public comment on its ambition to produce three new reference rates based on overnight repurchase agreement transactions secured by Treasuries.
-
Two Société Générale bankers have been indicted for allegedly manipulating Libor and causing $170m worth of damage to global financial markets, the American Department of Justice (DOJ) announced on Thursday.
-
Derivatives counterparties in the US have made enormous strides towards compliance with the September 1 end date for a grace period on variation margin rules for uncleared swaps, a stark change from six months ago.
-
The European Commission said on Wednesday that it wants to bring down “remaining and new barriers” to integrating post-trade services across the European Union. It launched a public consultation, which will run until mid-November, and could be followed by legislative change next year.
-
A Depository Trust & Clearing Corporation (DTCC) and Euroclear joint venture has this week signed an access agreement with CloudMargin.
-
IHS Markit on Tuesday released a service for investment houses working to comply with the RTS 28 requirement of the Market in Financial Instruments Directive II (MiFID II).
-
The new chair of the Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, chose Bruce Tuckman to succeed Sayee Srinivasan as the regulatory body’s chief economist on Monday.