Derivatives

Eris interest rate swap futures migrated to CME Globex on 3 December, with 10 firms actively trading. 

The linked derivatives order book partnership between LSEDM and Oslo Børs has been in effect since 2009. 

ABN Amro Clearing to provide support for classic FX derivatives contracts with monthly and quarterly expiries, as well as rolling spot futures.

As of 30 November LCH SwapClear’s cleared notional volumes year to date totalled just over $1 quadrillion.

The first interest rate swap trade at Tradeweb executed between Union Investment and Citigroup has already been cleared following connection to Eurex.  

LCH SwapAgent processed the first swaption trades with Deutsche Bank and Nomura.

Japan’s FSA grants approval for LSEG’s LCH to clear FX non-deliverable forwards in the country.

The US CFTC found that Commerzbank failed to supervise its swap dealing activities and made misleading compliance statements to the regulator.

Jacob Bourne, a swaps trader and managing director at Deutsche Bank, mismarked swaps valuations to try and conceal losses.

Steven Maijoor says EMIR clearing obligation is working as data shows derivatives clearing rates are increasing significantly.