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  • Migrating clients onto newly-approved swap execution facilities could take months, despite the U.S. Commodity Futures Trading Commission Wednesday deadline for swaps trading to be moved onto the platforms.
  • The European Commission will not agree to delay the start of reporting exchange-traded derivatives to trade repositories, according to Stewart Macbeth, president and ceo of the DTCC Derivatives Repository.
  • The European Commission has extended the timeline for the European Securities and Markets Authority to submit draft regulatory technical standards on the cross-border application of the European Market Infrastructure Regulation.
  • Traiana and MarketAxess have completed the first live credit default swap index trade using Traiana’s CreditLink service to verify pre-trade credit limits, with JPMorgan as the clearing member for a buysider.
  • Scott O'Malia, a commissioner at the Commodity Futures Trading Commission, wants an extension to the Oct. 2 deadline for trading on a swap execution facility, he told DW on the sidelines of the 34th Bürgenstock Global Derivatives Forum in Geneva today.
  • Interoperability of clearing models on a global scale is neither desirable nor possible in the short-term, according to clearinghouse officials speaking at the 34th annual FIA/SFOA Bürgenstock Forum for Derivatives Markets in Geneva this morning.