Depositories

680 articles tagged with this keyword

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CFTC sets out new market manipulation rules

The Commodity Futures Trading Commission is to push ahead with a tranche of new rules governing market manipulation and large trader reporting under the Dodd-Frank financial reform act.

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OTC dealers win reprieve as EU Parliament delays reforms; banks lobby for US/EU convergence

The European Parliament has postponed implementation of new rules designed to improve transparency in over-the-counter trading, mirroring a similar slowdown in US financial market reforms under the Dodd-Frank Act.

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LCH.Clearnet poised to make Australia move

London-based clearinghouse LCH.Clearnet looks set to take advantage of recent regulatory changes and move into the Australian market, taking on ASX Clear.

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Nyse Euronext postpones LCH.Clearnet termination plans as M&A proposals play out

Nyse Euronext has postponed plans to terminate its clearing contract with LCH.Clearnet, leaving the door open to a longer-term agreement as consolidation trends grip the industry.

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LSE to provide tech for new Central and Eastern Europe CCP infrastructure

The London Stock Exchange has won a contract to provide the technology platform for a new cross-market central counterparty infrastructure in Central and Eastern Europe.

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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.

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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.

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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.

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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.

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CME to start European clearing in May

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

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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.

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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.

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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.

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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.