Depositories

375 articles tagged with this keyword

/Depositories

LCH.Clearnet swept up in global exchange M&A battle

Independent clearing house LCH.Clearnet has emerged as a prized asset for global exchanges gripped by M&A fever, with the clearer confirming that it has received numerous takeover or merger approaches over the past six weeks.

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Derivatives legislation moves nearer in Europe; could face delays in US

A European Parliament committee has given its backing to legislation that will see more derivative trades settled through clearing houses. Meanwhile, on the other side of the Atlantic, US lawmakers have moved to delay the implementation of their own new derivatives rules.

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LCH.Clearnet and X-Clear get FSA approval for interoperability

European clearing house interoperability has moved a step nearer after the UK's FSA approved new arrangements between LCH.Clearnet and Switzerland's X-Clear.

/Depositories

LME proposal for self-clearing jolts LCH.Clearnet

The London Metal Exchange has announced proposals to consider building its own clearing house, jolting its current supplier LCH.Clearnet.

/Depositories

EC launches antitrust probe into CDS market

The world's biggest investment banks are being investigated in two European Commission antitrust probes into the credit default swaps (CDS) market.

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DTCC kicks off corporate actions pilot; legacy formats to be switched off by 2015

The Depository Trust and Clearing Corporation says it will shut off corporate actions processing for all legacy file formats in 2015, as it begins testing of new ISO 20022 announcement messages with five user firms.

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Canadian and US clearing firms explore swap link

The Canadian Derivatives Clearing Corporation (CDCC) has inked a memorandum of understanding with New York Portfolio Clearing (NYPC) to build a link for the Canadian swap market.

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Central clearing for OTC derivatives 'unlikely to reduce systemic risk' - IMF paper

Regulatory moves to force OTC derivative trades to go through central counterparties could just shift systemic risks to these CCPs and lead to more tax payer bailouts, according to a working paper published by the IMF.

/Depositories

ISDA issues RFP for commodity derivatives trade repository

The International Swaps and Derivatives Association (ISDA) is calling for the creation of a commodity OTC derivatives trade repository by January.

/Depositories

CME to start European clearing in May

The Chicago Mercantile Exchange is set to start clearing over-the-counter derivatives in Europe in May.

/Depositories

LCH.Clearnet opens SwapClear FCM service; CFTC meets opposition to swap execution timetable

Europe's LCH.Clearnet has launched its clearing service for non-bank users of interest rates swaps in the US, with twelve futures commission merchants (FCM) onboard.

/Depositories

LSE to launch pan-European derivatives platform

The London Stock Exchange is making a play for the European derivatives market, launching a platform based on technology from TMX Group.

/Depositories

MarkitServ plans collateral messaging automation

The DTCC and Markit, through their MarkitServ joint venture, have teamed with vendor AcadiaSoft to introduce a system for automating collateral messaging for the over-the-counter derivatives market.

/Depositories

CME Group gets FSA approval for London clearinghouse

The Financial Services Authority has given Chicago-based derivatives exchange operator CME Group the green light to start clearing OTC trades in Europe early next year.

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CME Group agrees Elysian Systems acquisition

CME Group has agreed to buy London-based electronic trading and market technology vendor Elysian Systems. Financial terms of the deal were not disclosed.

/Depositories

Confidential carbon trading data posted online

A firm providing marketing services for LCH.Clearnet has mistakenly posted confidential carbon emission allowances information online, according to the Financial Times.

/Depositories

FIA calls on lawmakers to rethink clearing house ownership rules

The Futures Industry Association has urged the Commodity Futures Trading Commission and the Securities and Exchange Commission to withdraw or defer acting on rules to limit ownership of clearing houses and swap execution facilities.

/Depositories

LCH.Clearnet rejects ICE bid reports

LCH.Clearnet has refuted an unsourced report in UK broadsheet The Guardian that claimed it had rejected a $400 million bid from InterContinentalExchange.

/Depositories

ECB settles on T2S pricing

The European Central Bank has settled on a delivery-versus-payment price of 15 cents per instruction for the Target 2 Securities system.

/Depositories

Cusip Global Services offers Cabre business entity database for free

Cusip Global Services (CGS) says it will make its new business entity identifier database available for free to users from the beginning of next month.