Euroclear has added Hong Kong-focused bank Standard Chartered to global initiative to streamline collateral provisions for tri-party repo transactions, ahead of regulation expected to create a strain on collateral demand.
Asia-focused bank Standard Chartered is partnering with Clearstream to allow mutual clients to place holdings into a single collateral pool, ahead of OTC derivatives rule changes.
The overseas banks that dominate Asian OTC derivatives markets could be forced to rein in their activities by the cost of complying with diverse new regulatory regimes, according to a report commissioned by the International Swaps and Derivatives Association published this week.
New rules on OTC derivatives will accelerate the shift of investment banks' fixed income, currencies and commodities business to electronic trading over the next three years, a new report has found.
The former London Stock Exchange head of post-trade services has criticised proposals to anchor LIBOR's replacement in proxy data that could prove unreliable in a stressed market.
Crédit Agricole has become the first bank to provide sponsored access to its buy-side clients on London Stock Exchange-owed non-government bonds platform MTS Credit – but the bourse says it is in no hurry to add others immediately.
Bloomberg's legal action against the Commodity Futures Trading Commission this week will not constrain the growth of swap futures, experts have warned.
US-based derivatives exchange CME Group is set to submit an application to the European Securities and Markets Authority in a bid to become a trade repository in Europe.
Institutional investors are pressing for greater visibility on FX prices from brokers via equity-like transaction cost analysis, but still accept that the best service is based on an in-depth relationship with sell-side partners.
Nomura will develop new fixed income indices as part of new collaboration with S&P Dow Jones Indices, based on the Japanese investment bank's Bond Performance Index.