Derivs - Clearing and Exchanges

LCH has appointed Matthew Fetta as chief operating officer of SwapClear and listed rates.

IHS Markit and Tadawul, the Saudi Stock Exchange, are forming a partnership to create indices for Saudi Arabia’s local currency bond and sukuk markets.

The European Securities and Markets Authority has appointed Robert Ophèle as acting chair of its central counterparty supervisory committee.

Andreas Mitschke has been appointed as head of the the trading surveillance office (TSO) for both the Frankfurt Stock Exchange and derivatives exchange Eurex.

Finbarr Hutcheson, president of ICE Clear Europe, will leave the company in March next year, as the exchange and clearing operator begins the search for his replacement.

After more than three years of negotiations, European Union ambassadors are aiming to approve, at a technical level, a CCP resolution deal on Wednesday, opening the way for final negotiations with the European Parliament.

LCH's SwapClear has cleared $1tr of swaps referencing the Secured Overnight Financing Rate (Sofr) so far this year.

The Minneapolis Grain Exchange (MGEX) has launched futures referencing the SPIKES volatility index in its effort to compete in the volatility trading market.

Eurex Clearing has cleared its first swaps trades referencing European regulators’ choice of replacement short-term reference rate, €STR.

A 14-strong group of trade associations have co-authored a letter asking the European Commission to grant UK central counterparties (CCPs) urgent extensions to their temporary equivalence determinations.

CME Group is to launch block cheese futures and options to enable clients to manage their exposure to cheese markets.

CME Group on Tuesday announced that it will launch options on its bitcoin futures contracts from January 13.