Derivs - Equity

As European Union regulators start to review the Markets in Financial Instruments Directive, some market participants are nervous that Germany will use the opportunity to stamp out their own ambitions for open access to clearing houses.

Jefferies must pay almost $4m to settle charges relating to the improper handling of American Depositary Receipts (ADRs) and supervisory failure.

IG Group is appointing Mike McTighe as its chairman, to help it achieve sustainable growth and navigate regulatory change.

RBC Investor & Treasury Services has launched a new collateral management service to help asset managers comply with non-cleared derivatives rules.

Cboe Global Markets has agreed to acquire EuroCCP, the European equities clearing house.

Eurex has launched its first euro-denominated options on corporate bond exchange-traded funds (ETFs).

Firms are continuing to struggle with reporting quality and processes around MiFID II compliance, according to a new survey.

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.

Christopher Giancarlo, former chairman of the US Commodity Futures Trading Commission (CFTC), will return to the private sector in his first job since leaving the regulator.

The UK Financial Conduct Authority (FCA) has started a consultation on how it should apply the Senior Managers Regime (SMR) to benchmark administrators.

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.