Fixed income and OTC derivatives

892 articles tagged with this keyword

/Fixed income and OTC derivatives

BME/Clearstream OTC repository enters pilot phase with BBVA and Banco Sabadell

Spanish bourse Bolsas y Mercados Españoles (BME) and Clearstream have begun testing their planned European OTC trade repository with the support of local banks BBVA and Banco Sabadell.

/Fixed income and OTC derivatives

CESR considers mandatory electronic trade confirmation for OTC derivatives

The Committee of European Securities Regulators is considering mandating the use of electonric trade confirmation in the over-the-counter derivatives market as part of a regulatory overhaul designed to promote further standardisation and shift more dealing to organised trading venues.

/Fixed income and OTC derivatives

Chicago to take on Wall Street with new exchange for interest rate swaps - FT

Five Chicago dealers have teamed up with the Chicago Mercantile Exchange to launch a new interest rate swaps trading platform in anticipation of financial reform measures designed to push over-the-counter derivatives trading to exchange-based systems.

/Fixed income and OTC derivatives

Asset managers turn to client reporting as IT budgets stabilise - survey

With IT budgets in the asset management industry beginning to stabilise, firms are turning their attentions to improving middle office processes, focusing particularly on client reporting, according to a survey from vendor Religare Technova.

/Fixed income and OTC derivatives

Xtrakter plans European trade repository

Just days after US-based Depository Trust & Clearing Corporation outlined plans to launch a European trade repository, Euroclear-owned Xtrakter says it might develop its own.

/Fixed income and OTC derivatives

Nyse Euronext and Markit Boat in OTC data reporting play

Nyse Euronext is partnering with trade reporting venue Markit Boat to drive an OTC data consolidation initiative designed to enhance post-MiFID market transparency.

/Fixed income and OTC derivatives

Nasdaq OMX to build Nordic clearing house for interest rate swaps

Nasdaq OMX has initiated a pilot project with SEB and the Swedish National Debt office to offer central counterparty clearing of interest rate swaps as a prelude to the creation of a full scale clearinghouse for IRS in Swedish kronor.

/Fixed income and OTC derivatives

BNY Mellon launches clearing unit

BNY Mellon is creating a new company to clear futures and derivatives trades on behalf of its institutional clients.

/Fixed income and OTC derivatives

Broadridge buys City Networks

Broadridge Financial Solutions has acquired City Networks, a long-standing UK-based provider of reconciliation, multi-asset process automation and operational risk management software and services to the finance industry. Financial terms were not disclosed.

/Fixed income and OTC derivatives

Credit Suisse unveils fixed income algo platform

Credit Suisse has introduced a new algorithmic trading platform, Onyx, for fixed income dealing direct with the bank's US Treasuries trading desk.

/Fixed income and OTC derivatives

BNY Mellon launches dark pool for debt

BNY Mellon has launched an auction marketplace where fixed income securities buyers and sellers can transact anonymously in real time.

/Fixed income and OTC derivatives

EU Parliament bids to stifle derivatives trading

The influential EU Economic and Monetary Affairs Committee has called for an outright ban on speculative trading in certain derivatives contracts and the imposition of higher capital requirements for firms handling contracts that are not cleared centrally.

/Fixed income and OTC derivatives

BME delays launch of EU-wide OTC repository; welcomes Clearstream as partner

Spain's Bolsa Y Mercados Españoles (BME) has set back the launch of a planned OTC trade repository by six months until the end of the year. The project's cross-border aspirations have received a boost, however, with Clearstream banking announcing its support for the venture.

/Fixed income and OTC derivatives

Dealerweb to take on Icap and BGC in electronic T-bill trading

Bank-backed inter-dealer broker Dealerweb plans to take on Icap and BGC partners with the launch of electronic trading of US Treasury bills, according to a report in BusinessWeek.

/Fixed income and OTC derivatives

CFTC ready to bin the fax as it tries to get to grip with tech-driven markets

The US Commodity Futures Trading Commission is to establish a technology advisory committee after admitting that it struggles to keep pace with technological advances and that it continues to use faxes and manual entry forms for reviewing trading account data.

/Fixed income and OTC derivatives

Tech vital for push to improve OTC derivatives transparency - TowerGroup

With the OTC derivatives market coming under increasing regulatory scrutiny, firms are looking to technology to help them improve transparency and efficiency, according to research conducted by TowerGroup for vendor SunGard.

/Fixed income and OTC derivatives

LCH.Clearnet begins CDS clearing in Paris

European clearing house LCH.Clearnet has launched a clearing service for credit default swaps with the support of four leading French dealers.

/Fixed income and OTC derivatives

DTCC provides regulators greater access to CDS data

The Depository Trust & Clearing Corporation (DTCC) says it will give regulators around the world unfettered access to credit default swap (CDS) data - including counterparty information - held at its warehouse.

/Fixed income and OTC derivatives

Morgan Stanley Matrix founder heads to UBS

Hishaam Caramanli (formerly Mufti-Bey) has joined UBS as head of Global Securities - Client Facing Technology

/Fixed income and OTC derivatives

Tullett Prebon expands into valuations with acquisition of OTC Val

Interdealer broker Tullett Prebon is to expand its market data business into valuations services with the acquisition of Vancouver-based OTC Valuations for an initial consideration of $0.6 million.