Derivs - Clearing and Exchanges

US Commodity Futures Trading Commission chairman Heath Tarbert has followed in the footsteps of his predecessor, Christopher Giancarlo, in issuing a strong warning on the European Union’s EMIR 2.2 rules.

Michael Zollweg is standing down as head of the Frankfurt Stock Exchange and Eurex Germanys' trading surveillance office, the body that supervises trading on both bourses.

CME Group announced on Wednesday that it will launch new futures contracts that provide market participants with exposure to the physical Chinese gold market.

Christopher Giancarlo is joining the board of the American Financial Exchange, an electronic exchange for direct lending and borrowing between US financial institutions.

European stock exchange operator Euronext suspended trading in various equity derivatives contracts on Monday because of a technical issue.

Eurex Clearing announced on Monday that it will waive booking fees for OTC interest rate derivatives portfolio switches from LCH until the end of 2019.

The Options Clearing Corporation (OCC) is to pay $20m in penalties and undertake remedial efforts as part of a settlement with the US Securities and Exchange Commission (SEC) and the US Commodity Futures Trading Commission (CFTC).

Hong Kong Exchanges and Clearing (HKEX) suspended trading in its derivatives market on Thursday amid connectivity issues.

Hong Kong Exchanges and Clearing is planning to launch Indian rupee currency futures in the fourth quarter of this year.

Mizuho Securities has become the first Japanese clearing member to access LCH SA’s euro debt clearing services as a member of RepoClear.

Buy and sell-side firms have rejected suggestions that they should have to post additional margin or participate in default funds in the aftermath of last year’s default at Nasdaq clearing.

Eurex Clearing on Wednesday announced that it will be integrating Capitalab as an additional compression services provider for its OTC interest rate derivatives offering.