Derivs - Clearing and Exchanges

Morgan Stanley has become the latest firm to establish itself as a clearing broker at CDSClear, the Paris-based clearing house of LCH.

Members of the US House Committee on Agriculture reserved harsh words for a chief European regulator on Wednesday, in a sign that the cross-border spat over derivatives clearing has not yet subsided.

Singapore Exchange has unveiled a sweeping restructuring of its business as it seeks to grow across asset classes.

Capitalab, the compression unit of interdealer broker BGC Partners, has begun to offer compression for Nikkei 225 options in partnership with SGX.

The Basel committee on banking supervision has agreed to allow banks to offset the margin posted by clients in calculating the leverage ratio, marking a hard fought victory for the clearing industry.

GlobalCapital is pleased to announce the nominees for this year’s Global Derivatives Awards.

Brian Bussey, director of the Division of Clearing and Risk (DCR) at the US Commodity Futures Trading Commission, is to step down from his position after 22 years of service.

Hong Kong Exchanges and Clearing is adding to its structured products offering with the launch of inline warrants.

Bank of China’s UK entity has signed up to LCH’s SwapClear service to clear interest rate derivatives.

MEFF, the Spain-based derivatives exchange, is broadening its product range with the launch of FX futures contracts, adding itself to the growing number of derivatives exchanges adding speed bumps to their contracts.

Christopher Giancarlo, chairman of the US Commodity Futures Trading Commission, made his final speech at a Futures Industry Association conference this week, with a last attempt to stake out his vision on cross-border clearing supervision.

The US Senate has approved the nomination of Dr. Heath Tarbert as chairman of the US Commodity Futures Trading Commission.