Asset Classes Archive

June 17, 2013

ICE adds interval price limit circuit breaker

Intercontinental Exchange (ICE) Group's ICE Futures US exchange has today launched interval price limit (IPL) functionality on futures contracts. read more>

June 14, 2013

Bloomberg sole SEF applicant so far

Almost a month after the Commodity Future Trading Commission's (CFTC) publication of its rules for swap execution facilities (SEF), the only applicant is the regime's leading detractor. read more>

June 13, 2013

House backs foreign derivatives exemption

The US House of Representatives has approved legislation that would exempt foreign derivatives trading by US firms from federal oversight, raising hopes that US regulators will relax their proposals. read more>

June 11, 2013

Pressure mounts on CFTC to extend cross-border exemption

A group of six US sell-side associations has petitioned the Commodity Futures Trading Commission (CFTC) to extend a cross border exemption for swaps rules that expires next month. read more>

June 10, 2013

Brokers support OTC clearing standard

The International Swaps and Derivatives Association (ISDA) has signed up the first four firms to support its initiative to develop standardised reporting for cleared OTC derivatives. read more>

June 07, 2013

Buy-side unprepared ahead of OTC clearing deadline

Buy-side unprepared ahead of OTC clearing deadline

With the latest OTC derivatives clearing deadline due on Monday in the US, concerns remain that buy-side firms and third-party technology firms that serve them are not ready for the increased regulatory burden. read more>

June 04, 2013

Eris tweaks swap futures to attract buy-side flow

US futures market Eris Exchange, one of three US exchange operators that championed swap futures last year, has reduced the notional size of the instruments by 90% ahead of next week's swap clearing mandate. read more>

May 24, 2013

ISDA casts doubt on SEF quote rules

The International Swaps and Derivatives Association has voiced disagreement with recent rules that dictate a minimum number of quotes market participants must seek when trading on new swap execution facilities. read more>

May 17, 2013

CFTC gives SEFs green light

Swap execution facilities have been given the go-ahead after the US Commodity Futures Trading Commission passed final rules on OTC derivatives trading, including dropping the number of bids buyers must request to three. read more>