Clearing houses must update their technology to deal with cleared OTC derivatives, according to Swann.
Deal extends network of banks connected to Harmony CCP Connect system.
Upcoming webinar series aimed at helping you get ready for regulatory upheaval kicks off with clearing of interest rate swaps.
CME will compete directly with LCH for clearing non-Yen interest rate swaps for Japanese banks,
Market participants have called for clearing houses to up the amount of capital they put aside in the case of member defaults.
MTF will go interoperable with extended clearing options which LCH and X-clear say will improve netting opportunities.
Banks will be able to offset margin calls for cleared interest rate swaps and listed futures.
Former CEO, Philippe Chambadal, to focus on reference data and fees management utilities “in anticipation of upcoming acquisitions.’
Deal will see EuroCCP offer clearing on Euronext equity markets, with plans to launch fully interoperable model.
Negative rates in Europe have hit demand for repo and securities finance products.