Asset Classes Archive

April 25, 2013

FTSE takes on RMB indices in bond index push

The FTSE Group will take over the calculations for offshore RMB fixed income indices created by the Bank of China (Hong Kong) as part of an agreement to develop a series of new benchmarks. read more>

April 25, 2013

Investors support call for Dodd-Frank extraterritoriality changes

Buy-side associations have backed the substance of a letter from nine governments warning of damage to derivatives markets unless the US abandons its plan to subject overseas subsidiaries of US entities to Dodd-Frank. read more>

April 25, 2013

Derivatives tax proposal ‘would punish risk management’

A US budget proposal that would change how derivatives are taxed could, if agreed, increase portfolio risk and damage both the derivatives and underlying markets, investor bodies and analysts claim. read more>

April 25, 2013

ISDA standardises IRSs with new contract

Interest rate swaps are set to become more standardised following the release of the Market Agreed Coupon contract by the International Swaps and Derivatives Association. read more>

April 25, 2013

Euroclear adds Standard Chartered to collateral initiative

Euroclear has added Hong Kong-focused bank Standard Chartered to global initiative to streamline collateral provisions for tri-party repo transactions, ahead of regulation expected to create a strain on collateral demand. read more>

April 24, 2013

StanChart-Clearstream deal to support collateral needs in Asia

StanChart-Clearstream deal to support collateral needs in Asia

Asia-focused bank Standard Chartered is partnering with Clearstream to allow mutual clients to place holdings into a single collateral pool, ahead of OTC derivatives rule changes. read more>

April 24, 2013

Major derivatives brokers could exit Asia over clearing

The overseas banks that dominate Asian OTC derivatives markets could be forced to rein in their activities by the cost of complying with diverse new regulatory regimes, according to a report commissioned by the International Swaps and Derivatives Association published this week. read more>

April 23, 2013

New models beckon as reforms drive broker revenues down

New rules on OTC derivatives will accelerate the shift of investment banks' fixed income, currencies and commodities business to electronic trading over the next three years, a new report has found. read more>

April 23, 2013

LIBOR’s days numbered as market moots replacements

The former London Stock Exchange head of post-trade services has criticised proposals to anchor LIBOR's replacement in proxy data that could prove unreliable in a stressed market. read more>

April 22, 2013

MTS Credit ‘in no rush’ after first bank commits to buy-side access

Crédit Agricole has become the first bank to provide sponsored access to its buy-side clients on London Stock Exchange-owed non-government bonds platform MTS Credit – but the bourse says it is in no hurry to add others immediately. read more>