Industry continues push for standardised EMIR derivatives reporting
Reporting of derivatives transactions under EMIR has proved problematic for firms and regulators, as trade groups call for a standardised approach.
Derivatives
CME Group reports record trading volumes in February
February saw several new records at CME Group as average daily volume surged 58% compared to last year.
Eurex answers buy-side calls for more ESG derivatives with MSCI futures
Eurex Exchange continues to support buy-side demand for responsible investing derivatives by further expanding its range of ESG products.
CME’s TriOptima sets up custodian connectivity through SWIFT automation
TriOptima’s triResolve Margin collateral management service can connect clients to the SWIFT custody network for cash transfers and securities settlement.
Financial industry will need to find $100bn of unrecognised assets to meet collateral requirements
A new study found the two-way initial margin rules for non-cleared derivatives will also result in a collateral shortfall of $60 billion alone.
Goldman Sachs clears first subordinated financials credit derivatives at LCH
LCH says it is the first clearing house to offer clearing of subordinated financials single name credit default swaps through CDSClear.
Santander implements Bloomberg derivatives library for real-time pricing
Institutional clients at Santander will gain workflow from Bloomberg to trade and risk manage structured products.
Societe Generale and LBBW execute electronic Eurex/LCH basis swap trade with Wematch
Matching and negotiation platform Wematch said the transaction is the first to be negotiated on an electronic basis.
Veteran CME president Bryan Durkin to step down
Bryan Durkin has served in a variety of senior roles at CME Group during his 37-year career with the exchange operator.
Cboe bolsters data business with acquisition of two derivatives analytics providers
Hanweck Associates and FT Options mark the latest acquisitions by Cboe, after the group confirmed plans to acquire EuroCCP late last year to expand derivatives trading capabilities.