Derivs - Clearing and Exchanges
-
Central counterparty clearing houses (CCPs) could face increased attention and greater regulation after coming through the Covid-19 crisis in good shape, Fitch Ratings analysts said this week.
-
The European Commission has given the derivatives clearing market some hope, as it signalled on Thursday that it was going to extend its equivalence agreement with the UK.
-
Exchange leaders have criticised some of the measures that regulators introduced during the height of the Covid-19 crisis that restricted short selling.
-
The European Parliament reached a quicker than expected agreement on central counterparty clearing house recovery and resolution on Tuesday night, settling on a framework for second skin in the game requirements and also pushing open-access rules out for another year.
-
Jerome Kemp, global head of futures, clearing and collateral at Citi, and a leading figure in the derivatives clearing market, has retired after 36 years in the industry.
-
European Union institutions failed on Friday to reach a deal on a clearing resolution scheme, due to disagreements on whether the second skin in the game should be prefunded or not. The EU Commission is now suggesting a middle way that will be debated on Tuesday evening.
-
Members of the European Parliament and representatives of member states hope to clear the last hurdles for an agreement on a draft regulation on recovery and resolution of central counterparty clearing houses (CCPs) by the end of this month.
-
Eurex Clearing has cleared its first interest rate swap for a Japanese client as the clearing house pushes its over the counter (OTC) euro swaps business into Asia.
-
The European Securities and Markets Authority (ESMA) has given potential leeway to national competent authorities (NCAs) considering the introduction of open access rules next month.
-
Eurex Clearing has added inflation swaps to its euro liquidity pool, as the clearing house boosts its interest rate derivatives offering.
-
Cboe Global Markets is seeking to tap into the trend for mini and micro futures contracts by relaunching its mini VIX futures.
-
CME Group has become the latest exchange to signal a return of open-outcry as it announced the reopening of its Eurodollars options pit.