Derivs - Regulation

The European Court of Justice ruled on Wednesday that euro-denominated securities transactions can be cleared outside the eurozone, a victory for the UK, which brought the case against the European Central Bank.

Please click the below link to submit your nominations and get more information about the premier Americas event of the year. Please note, your votes do NOT determine the winner, they only help us formulate a list of five nominees for each category.

LCH.Clearnet’s global interest rate swap clearing platform, SwapClear, is launching a portfolio margining service that will enable its members and their clients to maximise their margin offsets between over-the-counter and listed interest rate derivatives. As a result of this, users will be able to more efficiently manage their collateral obligations.

The latest proposals from the Commodity Futures Trading Commission and a coalition of five US prudential regulators could make trading uncleared swaps in the US costly and ineffective, driving business away from the country.

LedgerX, a bitcoin derivatives clearing house and exchange, has entered into a new partnership in a bid to expand the accuracy of its options pricing while increasing liquidity for bitcoin derivatives.

Overall interest rate derivatives trading that was reported to swap data repositories last week increased by 14% from the previous week, according to data from the International Swaps and Derivatives Association.

A proposed clearing mandate for Canadian derivatives markets is generating concern over which products are captured for clearing. The proposals could eclipse regulations in the EU and US.

Nasdaq OMX Clearing has received authorisation from the European Securities and Markets Authority to clear both exchange traded and over the counter FX derivatives. This means that Nasdaq is only the second central counterparty that is FX recognised under the European Market Infrastructure Regulation.

Market participants in Europe are concerned over the definitions of request-for-quote and voice brokerage systems under the Markets in Financial Instruments Directive. The suggested definitions from the European Securities and Markets Authority would require the disclosure of provided quotes to the public, which could hamper liquidity.

Regulators continue to lack a true picture of risk in individual jurisdictions because of incomplete and inconsistent derivatives trade data that is being reported to trade repositories, according to the International Swaps and Derivatives Association.

International Financial Reporting Standard 13: Fair Value Measurement (IFRS 13) was originally issued in May 2011 and applies to annual periods beginning on or after 1 January 2013. IFRS 13 provides a framework for determining fair value, clarifies the factors to be considered for estimating fair value and identifies key principles for estimating fair value.

International Financial Reporting Standard 13: Fair Value Measurement (IFRS 13) was originally issued in May 2011 and applies to annual periods beginning on or after 1 January 2013. IFRS 13 provides a framework for determining fair value, clarifies the factors to be considered for estimating fair value and identifies key principles for estimating fair value.