Several shareholders will sell their entire stakes in LCH, including Deutsche Bank, Nasdaq and Nomura.
Steven Maijoor says EMIR clearing obligation is working as data shows derivatives clearing rates are increasing significantly.
DTCC, Accenture, Digital Asset and R3 teamed up to build a US equity clearing and settlement system prototype.
LSEG announced plans to adds Euronext Growth stocks to its Turquoise MTF last month.
Investment bank to automate reconciliation processes across all business areas through new reconciliation and data control systems.
Five major market participants have cleared $200 million in notional of OTC SOFR swaps since CME launched the product in May this year.
The final phase of the framework for posting initial margin is due to come into force in 2020.
IHS Markit’s chief executive said that it could not reach an agreement on the value of the post-trade derivatives processing business.
JP Morgan becomes the first ASX OTC clearing participant to launch an agency clearing service for AUD and NZD denominated derivatives.
New tool will allow firms to calculate initial margin amounts, manage margin calls and resolve disputes, as thousands of buy-side firms are expected to come in-scope next year.