Central counterparty (CCP)
EuroCCP Reignites the Debate on Limit Switch
The European Central Counterparty (EuroCCP) has initiated a discussion around the need to deploy a limit switch mechanism, or kill switch, to avoid the contagion of erroneous trades.
Standardized Stress Tests ‘Desirable' for CCPs, Fight Continues Over Granularity
CCPs discuss the merits, and concerns, around standardized stress testing.
Esma, Singaporean Regulators Signs MoU on CCPs
MoU to set the cooperation arrangements regarding Central Counterparties (CCPs).
Nasdaq Nordic to Introduce CCP clearing for Danish, Swedish Mid-Cap Shares
Mid-cap share CCP for Denmark & Sweden aimed at reducing risk, costs
In Swaps Market, Industry Members Agree: Anonymity Rules
A TabbForum panel looked at anonymity in the swaps market.
Natixis Joins Eurex Clearing Ahead of EMIR Roll-Out
Nataxis has become a member of Eurex Securities Lending Central Counterparty (CCP) and EurexOTC Clear.
Cleartrade Bows Settlement Price Feed for CCPs
Commodity and freight futures market Cleartrade Exchange has begun offering a feed of daily settlement prices to its partner clearinghouses.
Rethinking Investor Protection in the Central Clearing Revolution
Automation and STP are required to protect investors.
Industry Takes Proactive Approach to European Equity OTC Clearing
Traiana, CCPs, banks work together on netting times and CFD processes.
Conflicts of Perception
The race leaders for CAT, T+2 and clearing-house woes lead this week's coverage.
Esma Releases Final Draft Standards for IRS Clearing
The European Securities and Markets Authority (Esma) has released its final draft regulatory technical standards (RTS) for the central clearing of interest-rate swaps (IRS).
BME's CCP Gains EMIR Authorization
The Comisión Nacional del Mercado de Valores (CMNV) has given authorization to BME Clearing, in line with obligations from the European Market Infrastructure Regulation (EMIR).
TMX Group Clearers Recognized as Qualifying CCPs
The Bank of Canada has announced that clearing houses operated by the Canadian exchange consortium TMX Group are now recognized as qualifying central counterparty clearing houses (QCCPs) in accordance with the Basel Committee on Banking Supervision…
LCH.Clearnet Limited Receives EMIR Approval
LCH.Clearnet Limited, the UK-based central counterparty (CCP) operated by the LCH.Clearnet Group, has received regulatory approval from the Bank of England to operate as a central counterparty under the European Market Infrastructure Regulation (EMIR).
Broadridge Extends Multi-Asset Processing Support
Lake Success, NY-based Broadridge Financial Solutions has extended is multi-asset post-trade processing support by broadening its exchange-traded derivatives processing platform.
DCCC Deal Extends Euroclear's Collateral Highway to Middle East
Euroclear has announced that the Dubai Commodities Clearing Corporation (DCCC) has joined its Collateral Highway network, the first firm from the Middle East to do so.
FSB Report Highlights OTC Reform Challenges
The Financial Stability Board (FSB) has released its latest report on the progress of global reform regarding the trading of over-the-counter (OTC) derivatives, saying that important milestones have been reached, but work is still needed from all…
Chile's Comder Taps Calypso for CCP
The South American central clearinghouse, created by a consortium of Chilean banks, will use the software provider for its core central clearing (CCP) infrastructure.
Derivatives Reform: Preparing for an Uncertain Data Landscape
A shift to derivatives, coupled with the creation of swap execution facilities and the potential “futurization” of swaps onto exchanges will make location key for derivatives markets and brokers seeking to bolster the value of their data, says Patrick…
MarkitSERV, CME to Support FX Derivatives Clearing
Over-the-counter (OTC) derivatives processing service MarkitSERV has announced that has connected with the Chicago Mercantile Exchange (CME) in order to support the clearing of foreign exchange (FX) derivatives contracts.
OTC Reporting Rules Commence in Europe
Tough new rules on the levels of disclosure required for over-the-counter (OTC) derivatives trades begin in Europe today, aimed at bringing transparency to a formerly opaque market.
US Swap Clearing Officially Begins
The US Commodity Futures Trading Commission (CFTC) announced yesterday that mandatory clearing had begun for certain swap trades entered into after March 11, 2013.
LSE, LCH Agree Revised Offer Terms
The London Stock Exchange Group (LSE) and LCH.Clearnet have announced the agreement of revised terms that will see the exchange group take a majority stake in the clearinghouse.