Fixed income and OTC derivatives

314 articles tagged with this keyword

/Fixed income and OTC derivatives

CME and Citadel ditch CDS trading platform plan to focus on clearing

CME Group and Citadel have abandoned plans to launch a credit default swaps (CDS) trading platform and will instead focus on offering clearing services for the $27 trillion market.

/Fixed income and OTC derivatives

BarCap takes minority stake in TradeWeb; unveils FX trading tools

Barclays Capital has taken a minority equity stake in TradeWeb, a provider of online markets owned by Thomson Reuters and a group of dealer-brokers. The size of the stake, nor the amount paid, was disclosed.

/Fixed income and OTC derivatives

Dealers to accelerate central clearing of OTC trades

Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.

/Fixed income and OTC derivatives

Derivatives market players warn Commission on dangers of over-regulation

Banks and brokers active in the derivatives markets have warned the European Commission to tread carefully in regulating the over-the-counter markets for fear of stifling innovation and increasing instability.

/Fixed income and OTC derivatives

Nyse Liffe shelves CDS clearing

Nyse Euronext subsidiary Liffe has suspended its European credit default swaps (CDS) clearing service after failing to attract a single trade since launching in December.

/Fixed income and OTC derivatives

Markit and DTCC derivatives trade processing JV set for September launch

The US Depository Trust & Clearing Corporation (DTCC) and UK-based Markit will launch their OTC derivatives processing services joint venture in September after getting the green light from regulators.

/Fixed income and OTC derivatives

OTC derivatives gain standards based on FpML

The International Securities Association for Institutional Trade Communication (ISITC) has released a new market practice for over-the-counter derivatives based around the Financial products Mark-up Language (FpML).

/Fixed income and OTC derivatives

CME Group hires ex-LCH.Clearnet boss to lead European clearing

Chicago-based derivatives exchange operator CME Group has hired former LCH.Clearnet boss Andrew Lamb to head up its planned European clearing venture.

/Fixed income and OTC derivatives

Eurex sets launch date for CDS counterparty

Swiss-German derivatives exchange Eurex says it will launch a European counterparty clearing system for credit default swaps at the end of the month.

/Fixed income and OTC derivatives

ICE Trust sets out plans for buy-side participation in CDS clearing

IntercontinentalExchange (ICE) says it will introduce a solution that will enable buy-side participation in credit default swap clearing by October.

/Fixed income and OTC derivatives

LSE expects fall in data revenue

The London Stock Exchange says revenue from its Information & Technology Services division delivered a "good" first quarter performance, despite a reduction in real-time data revenue.

/Fixed income and OTC derivatives

CESR to set out rules for improving transparency in non-cash markets

The Committee of European Securities Regulators (CESR) has recommend the adoption of a mandatory trade transparency regime for corporate bond, structured finance product and credit derivatives markets "as soon as practicable".

/Fixed income and OTC derivatives

European Commission sets out tech-driven action plan for derivatives trading

The European Commission is calling for a technology-driven overhaul of the derivatives markets in a sweeping set of proposals aimed at strengthening the safety of the financial system.

/Fixed income and OTC derivatives

Nyse Euronext and DTCC team on fixed income derivatives clearing house

Nyse Euronext and the Depository Trust & Clearing Corporation (DTCC) are teaming up to create a clearing house for US fixed income derivatives.

/Fixed income and OTC derivatives

Omgeo and EuroCCP to develop central counterparty for hedge fund transactions

Post-trade utility Omgeo and clearing house EuroCCP have launched joint development of a pan-European equities central counterparty (CCP) service for hedge fund transactions.

/Fixed income and OTC derivatives

ICE Trust backers accused of freezing out rival CME-led clearing house

Major derivatives dealers have been accused of "filibustering" to protect their ogilopoly by withholding support from buy-side-friendly rivals to the InterContinental Exchange's credit default swaps clearing house.

/Fixed income and OTC derivatives

LCH.Clearnet to extend SwapClear to hedge funds and asset managers

LCH.Clearnet is moving to meet regulatory demands for improved risk management in the over-the-counter derivatives markets by extending its interest rate swap clearing service, SwapClear, to the broader buy-side trading community.

/Fixed income and OTC derivatives

Northern Trust adds Markit post-trade suite to OTC platform

Northern Trust is to strengthen its over-the-counter derivatives processing platform for third party clients with the addition of a suite of post-trade confirmation matching and reconciliation services from financial information outfit Markit.

/Fixed income and OTC derivatives

Japan to build CCP for OTC derivatives trading

Japan Securities Clearing Corporation (JSCC) has announced plans to develop a central clearing counterparty for interest rate swaps and credit default swaps.

/Fixed income and OTC derivatives

ICE adds RBS and readies for Europe launch: RBA calls for expansion of CDS clearing to Australia

IntercontinentalExchange has added Royal Bank of Scotland to its roster of clearing members and confirmed that it will be ready to launch its credit default swaps clearing counterparty in Europe by July.