Derivs - People and Markets

Euronext has appointed Alain Courbebaisse as chief information and technology officer as it nears the introduction of its Optiq trading platform.

The European Securities and Markets Authority (ESMA) on Wednesday clarified that position limits under MiFID II will not apply to commodity derivatives traded on third-country trading venues, should certain criteria be met.

The International Swaps and Derivatives Association (ISDA) today announced that Ulrich Karl has joined the organisation as head of clearing services.

A new global code of conduct for the FX market was published in London on Thursday by a group of central banks. It calls for more “ethical” behaviour among market participants.

UK corporates are preparing for the large UK banks to bring down their ring-fences, a move that could shake up the banking landscape and push more corporates to sign credit support annexes with their banks.

IHS Markit on Wednesday unveiled its Outreach360 platform, a tool that allows counterparties to contact each other for regulatory and data gathering purposes as they work to comply with the Markets in Financial Instruments Directive II (MiFID II).

NEX Optimisation on Tuesday announced a restructuring of its business in preparation for its new NEX Infinity platform, which uses distributed ledger technology and brings together transaction optimisation services under one roof.

Mizuho Americas has appointed Massimo Tassan-Solet to head of derivatives trading.

Acting Commodity Futures Trading Commission chairman Christopher Giancarlo courted the Fintech industry in a speech on Wednesday, promising to “transform” the agency into a “21st century digital regulator”.

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).

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