Derivs - Interest Rate

TriOptima, the over-the-counter post trade service provider, has teamed up with the Depository Trust & Clearing Corporation on reconciling data reported by Australian, Hong Kong and Singapore firms to the DTCC’s Global Trade Repository.

Ullink, the trading technology and infrastructure company, has begun providing direct connectivity to trueEX, an interest rate swap execution facility.

LCH, the clearing house operator, has made two senior executive appointments.

ICAP Securities & Derivatives Exchange (ISDX) has made two appointments to its board.

A vote by the United Kingdom to leave the European Union would entail a host of negative consequences for the derivatives market, according to Allen & Overy lawyers. The concerns include a deterioration of counterparty creditworthiness, changes in mark-to-market exposure and a decline in the value of UK linked collateral.

TriOptima, the over-the-counter post-trade service provider, has completed what it said was the first compression cycle for cleared Swedish Krona interest rate swaps.

The US Senate Agriculture Committee was expected to review legislation reauthorising the Commodity Futures Trading Commission (CFTC) on Thursday amid debate over the benefits of additional funding for financial regulators.

Nomura plans to close most of its equity operations in Europe, shutting down origination, research, sales and equity derivatives, though it will keep a sales force focused on bringing Asian products to European clients.

The CNY NDIRS curve is steeper after a stronger CNY fix backed light offers in the short end while improved price data triggered paying around the five year tenor. Meanwhile, Nigeria is considering issuing a Panda bond, writes Deirdre Yeung of Total Derivatives.

trueEX, the interest rate swap trading platform, has started supported market activity during London business hours as it looks to build its client base in Europe.

ICAP, the interdealer broker, has launched a daily index that measures the effective cost of funding for sterling government bonds.

Deutsche Börse and the London Stock Exchange Group have agreed terms for an all-share ‘merger of equals’, in a push for European derivatives dominance that turns up the pressure on US rivals.