JP Morgan to offer clients clearing of CDS index options through ICE
ICE Clear Credit announces the expansion of its index option clearing services to include JP Morgan.
ICE Clear Credit announces the expansion of its index option clearing services to include JP Morgan.
Conclusions from dedicated task force present current challenges in post-trade processes as well as recommendations on how to address these issues.
SwapClear, ForexClear and SwapAgent all saw record volumes at the start of this year.
Executives from LCH, SIX, EuroCCP and Eurex populated a panel at the PostTrade 360 event in Stockholm last week to discuss the current state of affairs in the UK and European clearing markets.
The new platform will provide benefits including continued enhancement of the IT infrastructure and reliability, and increased functionality and processing capabilities.
As part of the launch, BNP Paribas and JP Morgan become the first banks to provide client clearing of credit index options through CDSClear.
Regulators confirmed plans earlier this year to consult on the potential extension of a select few CCPs until the end of June 2025.
Follows the London Stock Exchange Group’s move to halt VTB Capital’s trading membership on 27 February.
ICSDs take action with both Euroclear and Clearstream no longer accepting rouble as settlement currencies.
Additional routes to clear European equities will offer users increased margining and settlement netting efficiencies.