Derivs - Credit

CME Group is making a number of senior management changes as part of its integration of last year’s acquisition, UK trading and technology firm NEX Group.

GlobalCapital is pleased to announce the winners of its 2019 Americas Derivatives Awards, revealed at a gala dinner at the Metropolitan Club in New York on Thursday May 30. As ever, the awards recognise the firms and innovations that have advanced the derivatives markets during the last 12 months.

Risk management technology firm KRM22 has agreed to acquire Object+, a risk management and post-trade technology business.

Representatives of the European Union’s 28 member states have resumed talks on a clearing house (CCP) resolution, with a view to reach an agreement by the end of the year.

Derivatives exchange operator CME Group has revealed plans to launch the next generation of its standard portfolio analysis of risk margin methodology, with the aim of offering enhanced risk management capabilities through a single, unified interface.

Global exchange and clearing house operator Intercontinental Exchange has launched a new cloud-based tick-history platform.

The International Swaps and Derivatives Association is using its ISDA Common Domain Model (ISDA CDM 2.0) in a pilot involving the UK Financial Conduct Authority, the Bank of England and various financial institutions.

US Commodity Futures Trading Commission (CFTC) commissioner Dan Berkovitz has thrown his weight behind new rules covering speculative position limits.

Netherlands-headquartered clearinghouse EuroCCP has appointed ex-LCH man David Hatton as its chief technology officer.

Global equity markets suffered their worst days of the year this week after an apparent breakdown in trade talks between the US and China, causing investors to sell and volatility to spike and possibly wrecking equity issuance plans, write Sam Kerr and Ross Lancaster.

Glenmede Investment Management (GIM) has appointed Stacey Gilbert as portfolio manager in its derivatives team.

German bank senior preferred credit default swaps (CDS) will begin trading from May 13, after changes in German national law in 2018 that created a way for banks to issue senior preferred debt.