Derivs - Credit

Eurex's Repo Partnership Programme, which it started on February 1, appears to be bearing fruit. The average volume of financing in the exchange's repo markets segment in March was 23% higher than a year ago.

The US Commodity Futures Trading Commission has amended its margin comparability determination for Japan, further recognising the equivalence of US and Japanese rules on swaps.

Japan’s securities market supervisor has called for Citigroup to be fined for market manipulation of the country’s government bond futures. The trader in question has now left the bank as a result of the episode.

The US Commodity Futures Trading Commission (CFTC) has agreed to ease regulations surrounding the use of swaps in connection with loans offered by banks.

Six major dealer banks have signed up to DTTC-Euroclear GlobalCollateral’s collateral settlement proposition as the initiative moves beyond pilot phase.

Eurex Clearing has expanded the capabilities of its real-time, cloud-based risk management tool Prisma.

The European Central Bank (ECB) has shelved plans to give itself increased regulatory powers over central counterparty clearing houses (CCPs).

Bangkok Capital Asset Management (BCAP) has become the latest firm to sign up to the Depository Trust & Clearing Corporation’s (DTCC) Central Trade Manager (CTM) platform.

The International Swaps and Derivatives Association has launched the open-source interest rates and credit derivatives version of its technology solution ISDA common domain model (CDM), which establishes standard data conventions for derivatives trade events and processes.

The International Swaps and Derivatives Association (ISDA) has warned that regulatory proposals for calculating derivatives contract exposure could lead to an uneven playing field and increased costs.

The Futures Industry Association (FIA) has warned that a diverging global regulatory framework is leading to increased fragmentation across derivatives markets.

The International Swaps and Derivatives Association (ISDA) is planning to bring in new safeguards to clamp down on credit default swaps (CDSs) being used to trigger manufactured defaults.