Derivs - FX

First quarter figures from CME Group, Deutsche Börse and the Spanish BME showed a lack of growth in derivatives volumes at the start of 2017

Hong Kong Exchanges and Clearing (HKEX) has announced the appointments of three members to its board.

The Basel Committee on Banking Supervision (BCBS) has issued a report that analyses the adoption status of Basel III standards for each of its member jurisdictions, highlighting that many regions have not yet published draft derivative regulations.

The European Stability and Risk Board (ESRB) has backed calls to introduce a mechanism that will allow regional authorities to rapidly suspend clearing obligations, highlighting that the measure should only be used in “crisis periods."

Deutsche Bank has novated some of its SSA new issue swaps to a US bank, according to a source with knowledge of the situation, in a move which should help the bank stepping in to cut its risk position. The sale comes shortly after Deutsche said in a strategy update that it wants to improve its SSA operation.

CME Group will end operations at CME Europe and CME Clearing Europe, its London-based derivatives exchanges and clearing house, by the end of the year.

The LCH Group has appointed Daniel Maguire as its next chief operating officer.

German government-owned development bank KfW has entered into an agreement with Eurex Clearing that will see its euro denominated interest rate swaps cleared by the Frankfurt central counterparty.

The European Securities and Markets Authority (ESMA) today issued regulatory technical standards (RTS) governing the scope of consolidated tape for derivatives and non-equity financial instruments.

The Hong Kong Exchange is set to introduce five year China Ministry of Finance Treasury bond futures.

Rosenthal Collins, the US futures broker and clearing company, has promoted Robert Turner to be its new chief operating officer and Patrick Carey to be in control of a new function, strategic implementation.

The European Securities and Markets Authority (ESMA) has published final reports on two guidelines regarding the implementation of central securities depository regulation.