Eurex clears first interest rate swap from Japan with Citi and SMBC Nikko Securities
Citi acted as the clearing member for the transaction by SMBC Nikko Securities, following recent approval for Eurex to launch clearing services in Japan.
Derivatives
HSBC introduces client clearing with HKEX’s OTC Clear
HKEX’s derivatives clearing arm OTC Clear has completed the first client trade via client clearing.
Quantile completes cleared interest rate initial margin optimisation run with LCH
Optimisation services provider Quantile has expanded its platform to include cleared interest rates following first run with LCH.
Exchanges handed open access relief due to COVID-19
ESMA and the FCA have urged trading venues and CCPs to prioritise continuity of their services as the open access regime comes into force in early July.
Goldman Sachs joins cross-currency swaps settlement service from CLS and IHS Markit
CLS expands list of settlement members for its combined cross-currency swaps service with IHS Markit, as Goldman Sachs becomes the latest to sign up.
BNP Paribas, UniCredit and Societe Generale clear first inflation swaps at Eurex
Eurex Clearing has cleared its first inflation swap transactions, with BNP Paribas, UniCredit and Societe Generale the first to submit trades.
Refinitiv automates access to FX swaps venue with API tool
Forwards Matching API service will increase trading efficiencies with automated access to the Refinitiv Forward Matching MTF.
SGX to launch Singapore single stock futures
Plans to launch 10 Singapore single stock futures at SGX follows move to reduce licensing agreement with MSCI earlier this month.
AcadiaSoft begins soft launch for compliance with phase 5 of UMR
Following a one-year delay to UMR, AcadiaSoft is helping firms test initial margin calculations with a mock go-live program.
HKEX to launch MSCI Asia and emerging markets derivatives
As HKEX plans launch of new MSCI futures and options, SGX confirmed it will reduce its MSCI licensing agreement from February 2021.