The record compression activity is up 71% from last year, with triReduce CLS FX compressing $4.9 trillion in the fourth quarter alone.
LCH SwapClear saw notional volumes surge 14% in 2019 to $1,229 trillion as it looks to retain the derivatives clearing market amid Brexit.
Gareth Roberts joins the brokerage business at ED&F Man after 15 years with JP Morgan’s listed derivatives and OTC clearing sales team.
James Rowe joined BNP Paribas from RJ O’Brien in 2015 to lead eSales across listed derivatives in Europe.
Byron Baldwin has been with Eurex in various business development roles since 2005, and will be replaced by Tim Gits.
Three divisions of the CFTC have issued ‘no action’ relief for firms active in the swaps market transitioning from Libor to alterative benchmark.
Eurex has launched ESG futures and options in Europe this year to help market participants manage challenges around sustainable investing.
CME Group said clients are increasingly looking for FX products to manage exposure.
360TGTX MidMatch provides traders with the ability to electronically exchange risk at the mid, with ANZ and Commerzbank the first to use the new service.
The EquiLend Swaptimization platform uses a proprietary algorithm to match natural pairs in the total return swaps market.