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Intercontinental Exchange on Wednesday announced that it would be launching its three month futures on regulators’ chosen successor for Libor, the sterling overnight index average, on June 1.

The Trump administration’s decision not to announce new sanctions against Russia on Monday is unlikely to be the end of the sanctions saga, with designations having been proven to be the US's most effective weapon against Russia.

A swap execution facility (SEF) owned by the Chicago Board Options Exchange (CBOE) has started trading two new foreign exchange non-deliverable forwards (NDFs), it was revealed on Tuesday.

US President Donald Trump will nominate lawyer Dan Berkovitz to be a commissioner at the Commodity Futures Trading Commission, the White House revealed on Monday.

Not a day goes by without some analyst, regulator or senior exchange executive weighing in on where the clearing of euro swaps should reside post-Brexit.

Symphony, a financial services tech company and competitor to Bloomberg, rolled out a video function to add to its chat platform, a technological advance that might help keep voice broking in business.

It is with sadness that the global banking fraternity bids farewell to HSBC’s Russell Julius, who passed away on April 8, at the age of 57.

China-based Daqo New Energy Corp, which makes silicon wafers for solar cells, has bagged $110m after pricing its follow-on of American Depository Shares (ADS) at the bottom of guidance.

US financial regulators have proposed new rules that would make it easier for banks to be active in business such as repo and clearing, which were hit hard by post-crisis tightening of leverage ratios.

Canadian banks and pension funds led a rush of Yankee issuance this week, as they jumped at the chance to tap the dollar market while US banks remained on the sidelines in the run-up to first quarter earnings season.

A decent start to the week gave way to caution as escalating geopolitical concerns slammed the brakes on US high-grade dollar supply.

The International Swaps and Derivatives Association (ISDA) responded scathingly to attempts by market participants to “narrowly” trigger credit events that result in favourable pay-outs to buyers of credit default swaps. Costas Mourselas reports.