Asset Classes

Nomura and Liquid Capital join Spanish derivatives exchange MEFF as trading members

The Spanish Financial Futures and Options Exchange, MEFF, says Deutsche Bank Madrid has joined the exchange as a direct clearing member, and Fortis Bank Madrid has joined as a custodian clearing member. Liquid Capital Securities and Nomura International, both of which are based in London, have joined as trading member

Quantifi Toolkit introduces new pricing structures for CDOs

Quantifi, a provider of analytics and risk management solutions to the global credit markets, has released Quantifi Version 8.5, a toolkit for the pricing and risk assessment of credit derivatives. "Version 8.5 provides several key enhancements including third-generation base correlation technology essential for pricing some of the more recently developed portfolio credit products," says Rohan Douglas, CEO, Quantifi.

DTCC appoints CLS Bank to settle OTC derivatives contracts

The Depository Trust & Clearing Corporation (DTCC) has appointed CLS Bank International (CLS) to provide central settlement of payments for over-the-counter (OTC) derivatives contracts housed in the Trade Information Warehouse it launched earlier this week. The aim is to provide an integrated global payment processin

DTCC launches OTC Derivatives Trade Information Warehouse

The Depository Trust & Clearing Corporation (DTCC) has launched a Trade Information Warehouse, which it claims will reduce the manual component in post-trade processing of over-the-counter (OTC) derivatives transactions. DTCC announced its plans to build the warehouse in February this year. Since then, a DTCC team ba

Sifma finds electronic bond-trading volumes are soaring

The take-up of electronic trading in global fixed income markets accelerated sharply in 2006, according to the annual Securities Industry & Financial Markets Association (Sifma) survey. The data revealed that 74% of operators of electronic trading systems for fixed income securities witnessed an increase in trading v

Electronic bond trading up sharply in 2006, says Sifma survey

The take-up of electronic trading in global fixed income markets accelerated sharply in 2006, according to the annual Securities Industry & Financial Markets Association (Sifma) survey. The data, which was compiled from more than sixty operators of electronic trading systems for fixed-income securities in the US, Eur

Markit Group to price loan credit default swaps

Markit Group, which provides OTC derivatives valuation and trade processing services, has extended its pricing service to loan credit default swaps (LCDS). Markit says LCDS was launched in response to strong interest in the nascent LCDS market from dealers and institutional investors wishing to take synthetic exposur