Eurex clears first OTC derivatives for US end-client
Citi was the first US bank to offer client swap clearing through Eurex, and eight funds have joined Citi to use the service.
Derivatives
Citi and HSBC automate FX prime brokerage novation with Capitolis
Capitolis launched its novation platform last year in partnership with major firms including Citi, HSBC, Brevan Howard and BlueCrest.
“There was no misbehaviour” in €70 million loss on index derivatives trade, says BNP Paribas
The global markets business at BNP Paribas suffered a loss in the fourth quarter following a botched derivatives trade.
Barclays expands client clearing in Asia with Japan deal
The Japan Securities Clearing Corporation granted Barclays clearing authorisation in November as it looks to expand its clearing business and presence in Asia.
The Big Interview: Chris Childs, CEO of DTCC Deriv/SERV
DTCC Deriv/SERV chief executive, Chris Childs, tells The TRADE about the role DTCC’s TIW played at the time of the financial crisis, and the progress made so far in establishing a global reporting framework for OTC derivatives.
CurveGlobal sees volumes surge 350% after MiFID II
CurveGlobal set several new records on the platform in January, following a 350% increase in volumes since MiFID II was introduced.
Futures Industry Association’s head of Europe steps down
Simon Pulseton Jones has resigned as head of Europe at FIA for a role outside of financial services.
MiFID II SI regime for derivatives delayed for a second time until 2020
ESMA cites bad data but gives no further details on when the regime will be implemented for derivatives, other than it will be in 2020 at the latest.
Citi and Eaton Vance clear first FX cash-settled forwards with CME Group
CME Group offers clearing for 26 currency pairs of FX cash-settled forwards and 11 pairs of non-deliverable forwards.
Exchange-traded derivatives hit record in 2018
Data from the Futures Industry Association (FIA) showed that equity index futures and options were a main driver for the record activity.