Fixed income and OTC derivatives

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/Fixed income and OTC derivatives

Deutsche Bourse acquires stake in fixed income platform Bondcube

Deutsche Börse has acquired a minority stake in fixed income liquidity discovery start-up Bondcube.

/Fixed income and OTC derivatives

Japan Exchange invites bids for new derivatives trading system contract

Japan Exchange Group is calling on technology vendors to apply for the right to build it a new derivatives trading system.

/Fixed income and OTC derivatives

DTCC warns demand for collateral set to overwhelm system infrastructures

With regulatory changes sparking a surge in demand for collateral, current operational processes and system infrastructures looks set to be overwhelmed, the Depository Trust & Clearing Corporation (DTCC) has warned.

/Fixed income and OTC derivatives

UBS to outsource fixed income platform to Murex and ION - Reuters

Swiss bank UBS is to outsource large parts of its fixed income technology infrastructure to Murex and ION, according to Reuters.

/Fixed income and OTC derivatives

Europe reaches agreement on MiFID reforms

A comprehensive rewrite of rules governing trading in financial markets has been agreed by the European Parliament and the bloc's Council of Ministers.

/Fixed income and OTC derivatives

Deutsche Bank bans chat rooms as Europe takes banks to task over rate rigging

On the day it was fined EUR725 million by the EU for rate rigging, Deutsche Bank has confirmed that it has banned traders from using chat rooms, which have proved a fruitful hunting ground for regulators sniffing out market manipulation.

/Fixed income and OTC derivatives

Tradeweb strengthens retail interests with BondDesk acquisition

Fixed income marketplace Tradeweb has agreed to acquire BondDesk, extending its business interests into retail fixed income and wealth management.

/Fixed income and OTC derivatives

US regulator proposes further curbs on high-speed trading

The US Commodity Futures Trading Commission is seeking public comment on further proposals to curb high-speed derivatives trading.

/Fixed income and OTC derivatives

Hirander Misra unveils derivatives exchange group

Chi-X Europe co-founder and one-time COO Hirander Misra is setting up a new derivatives exchange group in London.

/Fixed income and OTC derivatives

CME Group told to improve surveillance

CME Group's procedures for monitoring Exchange for Related Position (EFRP) transactions are "inadequate" and should be beefed up quickly, says the Commodity Futures Trading Commission,

/Fixed income and OTC derivatives

Chilean banks to launch new CCP and trade repository in 2014

Capital markets tech firm Calypso has won a contract to provide the core clearing platform for a new central counterparty (CCP) for OTC derivatives created by a consortium of Chilean banks.

/Fixed income and OTC derivatives

EC charges banks, Isda and Markit in CDS investigation

EC regulators say that 13 investment banks, the International Swaps and Derivatives Association (Isda) and Markit breached antitrust rules by colluding to prevent exchanges from entering the credit derivatives business.

/Fixed income and OTC derivatives

FSB moots development of global trade data utility

The Financial Stability Board has mooted the creation of a central utility for sharing aggregated trade data, as evidence mounts that national jurisdictions are lagging in implementing OTC derivatives trading reforms.

/Fixed income and OTC derivatives

Bloomberg sues CFTC over swaps margin rule

Bloomberg has filed a lawsuit against a US derivatives regulator over new margin rules that differentiate between swaps and futures.

/Fixed income and OTC derivatives

Nasdaq OMX agrees eSpeed acquisition

Nasdaq OMX has struck a deal to buy electronic US Treasuries trading platform eSpeed from BGC Partners for $750 million in cash.

/Fixed income and OTC derivatives

Commission extends CDS anti-trust probe to Isda

The European Commission is to extend an anti-trust investigation in to the market for credit default swaps to cover the activities of the International Swaps and Derivatives Association (Isda).

/Fixed income and OTC derivatives

Banks join forces to develop open standard for electronic OTC trading

A group of leading sell-side banks has set up a working group that will focus on the creation of an open industry standard protocol for client and trader enablement on electronic trading platforms.

/Fixed income and OTC derivatives

CFTC computers crashing under weight of new swaps data

New swaps data reporting rules have left the Commodity Futures Trading Commission (CFTC) floundering in a sea of data, its computers crashing under the strain, claims one of the watchdog's own commissioners.

/Fixed income and OTC derivatives

New EU derivatives rules to come into force in mid-March

New rules on the processing of derivatives contracts over exchange platforms are set to come into force in mid-March after being passed by the European Parliament.

/Fixed income and OTC derivatives

JPMorgan Chase slammed by regulators for control failings after botched derivatives bet

JPMorgan Chase has been sanctioned by US regulators for failures in its risk management operations after it lost more than $6.2 billion on a single credit derivatives trade.