Derivs - Credit

The European Securities and Markets Authority (ESMA) on Wednesday clarified that position limits under MiFID II will not apply to commodity derivatives traded on third-country trading venues, should certain criteria be met.

The London Stock Exchange Group (LSEG) will acquire Citi’s the Yield Book and Citi Fixed Income Indices, adding a fixed income analytics platform and further building FTSE Russell’s US market presence and index offering, it said this week.

GlobalCapital is delighted to announce the winners of its Americas Derivatives Awards for 2017. The results were revealed at a gala dinner at New York’s Metropolitan Club on May 25. Our thanks to all those who attended the dinner and competed for the awards.

The Moscow Exchange (Moex) and Shanghai Stock Exchange (SSE) have agreed to an expanded “strategic cooperation” agreement, and intend to develop debt and equity products for investors.

Sharon Bowen, one of only two sitting commissioners on the US Commodity Futures Trading Commission, has voted to advance budget proposals made by acting chairman Christopher Giancarlo, but also said the regulator was underfunded and should receive contributions from market participants.

On Tuesday, the Moscow Exchange (MOEX) began disseminating real-time data over China's four largest financial information vendors, Great Wisdom, Wind, East Money and Emoney.

The European Securities and Markets Authority (ESMA) has set out which OTC derivative contracts will be treated as if 'traded on a trading venue' and subject to MiFID II and MiFIR transparency requirements, trading obligations and transaction reporting requirements.

Mizuho Americas has appointed Massimo Tassan-Solet to head of derivatives trading.

Acting Commodity Futures Trading Commission chairman Christopher Giancarlo courted the Fintech industry in a speech on Wednesday, promising to “transform” the agency into a “21st century digital regulator”.

The Commodity Futures Trading Commission has again extended no-action relief for the Shanghai Clearing House (SHCH), advocating against enforcement action for failing to register as a Derivatives Clearing Organisation (DCO).

Torstone Technology, the provider of post-trade securities and derivatives processing platforms, has hired Paul Phillips as head of European sales, and Paul Mundy as product manager, as the company plans a European expansion.

This was widely touted to be the year of volatility. The UK government began the fraught process of leaving the European Union while the Dutch and French elections were scheduled with populist far-right parties riding high in the polls, writes Gavan Nolan.