881 articles tagged with this keyword
News/Fixed income and OTC derivatives
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.
03 June 2010
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.
01 June 2010
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.
28 May 2010
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.
20 May 2010
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.
13 April 2010
European clearing house LCH.Clearnet has launched a clearing service for credit default swaps with the support of four leading French dealers.
29 March 2010
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.
24 March 2010
Hishaam Caramanli (formerly Mufti-Bey) has joined UBS as head of Global Securities - Client Facing Technology
12 March 2010
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.
05 March 2010
The Federal Reserve Bank of New York has welcomed commitments by 14 major dealers to ramp up efforts to cut risks and improve post-trade automation and transparency in the over-the-counter derivatives markets.
03 March 2010
The credit crisis and rise of electronic trading have led to a fundamental shift in the global foreign exchange market towards risk mitigation over the last couple of years, according to research from CME Group.
22 February 2010
Nasdaq OMX has upped its stake in Agora-X, an ECN for trading over-the-counter (OTC) commodity contracts, from 20% to 85% through a $6.6 million investment.
17 February 2010
The majority of financial institutions and corporations around the world agree that moving OTC derivatives trading to a system of centralised clearing would help manage risk but many market participants still harbour serious concerns about the prospect, according to a survey from Greenwich Associates.
04 February 2010
Global banking and securities regulators have fast-tracked a review of clearing arrangements for over-the-counter derivatives as part of a far-reaching re-appraisal of existing standards for payments, clearing and settlement systems.
02 February 2010
Deutsche Börse has been forced to suspend trading in Government bonds over the Xetra electronic platform following a legal challenge by two local brokers.
07 January 2010
The Financial Information Services Division (FISD) and Finextra have forged a partnership to deliver a series of video webcasts for market data and risk management professionals worldwide with a focus on real-time data management and delivery, reference data, and standards.
06 January 2010
Interdealer broker Icap is to pay $25 million in settlement to the US Securities and Exchange Commission over charges that it displayed fake trades on its screens to encourage customer dealing.
21 December 2009
CME Group has begun clearing credit default swaps (CDS) as it moves to take advantage of increasing regulatory scrutiny of the market and compete with the rival InterContinentalExchange.
16 December 2009
US lawmakers have approved a bill that will place a 20% limit on collective bank ownership of derivatives clearing houses, despite fierce opposition from financial industry participants.
11 December 2009
After months of wrangling, The Chicago Mercantile Exchange has finally secured agreement with eight leading dealers to participate in its credit default swaps counterparty clearing initiative.
04 December 2009
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