Operations & Technology Archive

The CME Group's European central counterparty has started clearing interest rate swaps in Europe, with a number of global banks successfully completing trades on the firm's platform. read more>

NYSE Euronext has extended the scope of its Cleared Borrowing & Lending Market, which allows exchange members to borrow and lend the most liquid stocks listed on its European cash markets with a guaranteed central counterparty for all transactions. read more>

Global financial services firm Northern Trust has reorganised its middle-office support functionality to help clients manage central clearing of some OTC derivatives instruments. read more>

Two of Europe's largest cash equity clearing houses today announced they will merge to offer market participants netting and reduced collateral obligations mandated by new regulation. read more>

Barclays has introduced a new trade advertising service that distinguishes between its high- and low-touch flow, helping the buy-side better understand where European liquidity lies within the UK bank. read more>

Japan has moved closer to overhauling its swaps market in line with global reforms, with the approval of a Depository Trade and Clearing Corporation data repository. read more>

A memorandum of understanding signed with Newedge and EuroMTS will promote the use of Euroclear's global Collateral Highway as a means to manage collateral for tri-party repo transactions conducted on the Newedge/MTS Agency Cash Management platform in Europe. read more>

The Indonesian arm of Schroder Investment Management has become the first Indonesia-based asset manager to sign up for post-trade processing firm Omgeo's central matching service. read more>

Continued uncertainty on the availability of collateral once new OTC derivatives rules kick in is leading some buy-side firms to exit the swaps market altogether, suggests the latest asset management survey by Ernst and Young. read more>

The assumption that central clearing of OTC derivatives will promote healthy collateral transformation opportunities has been called into question by several observers. read more>