Asset Classes

A new derivatives exchange in Australia could spark a liquidity rush and drive down trading prices through quasi-competition with established venues, according to one industry expert.

The Korean government has approved new laws that pave the way for central counterparties to clear OTC derivatives transactions, starting with interest rate swaps.

Trade message infrastructure firm Volante Technologies has released new offerings to help market participants adapt to US and European regulatory change.

A lack of clarity on OTC derivatives reform is negatively impacting the industry, particularly on how US rules may differ to regulatory efforts in Europe, industry leaders warned at a conference.

Trading volumes in interest rate swap futures will grow as investors seek more cost-effective ways to hedge risks, but the new contract type is unlikely to overshadow the growth of cleared OTC derivatives.

Newedge has cleared its first OTC US dollar interest rate swap contract through CME Clearing, as the multi-asset broker accelerates its preparation for the new swaps trading era.

A shift in the competitive environment for options market making could lead to a drop in liquidity for lesser traded instruments, as technology continues to influence trading in the asset class.

The latest approach by global regulators to establish a framework for margin payments against non-cleared swaps will eliminate some unnecessary costs but still fails to address the core concerns of banks.

Numerix, a provider of analytics tools for derivatives and structured products, has unveiled a tool that aims to give buy-side firms more control and transparency over the collateral posted against swaps trades.

Interdealer brokers Tradition and ICAP have added US dollar interest rate swaps to their derivatives trading venues as both firms gear up to register as swap execution facilities under the Dodd-Frank Act.