Operations
Crypto Markets Continue Breakneck Pace of Development
The release of professional-grade services by the largest digital currency exchange demonstrates a breathless pace of growth that may be masking wider issues with the nascent asset class, traders suggest.
Wavelength Podcast Episode 120: CCP Non-Default Losses
James and Anthony look at the main issues around CCP non-default losses, who should be responsible for these funds, and where this is all heading.
DTCC Announces First Phase of Settlement Exposure Reduction
DTCC will focus on settlement optimization, looking to reengineer how it processes trades before end of day.
FCA to Prioritize Cybersecurity and Innovation amid Brexit
Watchdog releases its annual business plan for 2018 and 2019, with innovation and Brexit listed as clear points of focus.
Bea Martin: The Glue That Bonds UBS
In the April 2018 cover story of Waters, UBS Investment Bank's COO, Beatriz Martín Jiménez, talks with Victor Anderson about blockchain, AI and some of the hurdles she has faced in her career.
ASX Considers Blockchain for Fixed-Income Platform
The exchange sees it as a logical development opportunity to make business easier for its customers.
Eze Connects with NEX for Trade Reporting
Software vendor expands partnership with NEX APA for transparency requirements under Mifid II.
Northern Trust Enables Audit Access for Private Equity Blockchain
The enhancement aims to enable real-time auditing of private equity firms and add transparency into the process.
CFTC Commissioners Lash Out at EC Clearing Proposals
The push to expand oversight of US CCPs is “a clear breach” of 2016 equivalence deal, Quintenz says.
DTCC Chief: We’re Going to 'Disappear' As Blockchain Evolves
The head of the US depository system says the utility will not exist in its current form, but will have a central role to play in a post-DLT world.
For Central Banks, Digital Currency Risks May Outweigh Benefits
CPMI's report says existing technology is sufficient at present to deliver the benefits of digital currencies, without introducing new risks.
MUFG Investor Services Taps Point Nine's Middle-Office Platform to Help with Reg Reporting
The partnership is exclusive to MUFG and will also help Point Nine add pre-trade analytics to its offering.
ECB Chief Doubles Down on CCP Brexit Debate
Mario Draghi says European authorities must have direct supervision of non-EU CCPs
CLS Unveils Predictive FX Report
The forecasting tool will enable traders to identify movements and liquidity, while helping risk and compliance staff to adjust models based on market events.
Buy Side Bands Together on Blockchain Vision in Landmark Paper
Fund managers, vendors and trade associations release joint paper on making distributed-ledger technology work for the buy side.
Esma Proposes CCP Margin Model Disclosures
European regulator takes step toward forcing clearinghouses to disclose exactly how they calculate risk and collateral requirements for trades.
ASX Gives Green Light to Clearing Blockchain
The exchange expects to release the proposed timing for transition for market feedback by the end of March 2018.
CFTC Warns on Bitcoin Futures as Exchanges Ready Contracts
Market participants express concern over potential risks these contracts could pose to clearinghouses, as exchanges self-certify contracts for trading.
LiquidityBook Debuts LBX as Outsourced Trading Popularity Grows
Vendor debuts portfolio, order and execution management system for outsourced trading desks.
IHS Markit Unveils OCR and AI for Tax Validation
Optical Character Recognition will take information from tax documents so manual re-keying can be eliminated.
In Capital Markets, Blockchain's Evolution Has Left the Bitcoin Model Behind
Axel Pierron of Opimas looks at five blockchain projects set to go live in 2018 that the industry should keep an eye on.
CFTC Examining SEF Reform amid Europe Clearing Row
Chairman criticizes European Commission proposals for clearinghouse oversight.
Waters Wavelength Podcast Episode 95: Bitcoin/Blockchain News, BNP's Acquisition, Post-Trade Tech
Anthony and James take a look at some of the biggest news events from the past week.