Hong Kong Exchange post-trade head joins Nasdaq as risk chief
Roland Chai has been with HKEX since 2017, and spent more than seven years with LCH.Clearnet prior to that.
Roland Chai has been with HKEX since 2017, and spent more than seven years with LCH.Clearnet prior to that.
Banks are attempting to find ways to reduce their capital-intensive repo trading activity in order to avoid penalties.
Former commissioner at the US regulator, and DTCC's head of global public policy, leaves to join US options exchange group.
The bank acted as the counterparty and settlement agent for the interest rate swaps trade by Singapore investment firm Dymon Asia.
Both buy- and sell-side firms agree the mandatory buy-in regime will have significant negative implications on Europe’s capital markets.
Despite the extension to comply with the final phase of the uncleared margin rules, major operational challenges remain for buy-side firms.
The record compression activity is up 71% from last year, with triReduce CLS FX compressing $4.9 trillion in the fourth quarter alone.
The EU authority’s new powers include increased oversight of third-country equivalence assessments working alongside the European Commission.
LCH SwapClear saw notional volumes surge 14% in 2019 to $1,229 trillion as it looks to retain the derivatives clearing market amid Brexit.
Japan’s FSA approves license for HKEX’s central counterparty subsidiary, OTC Clear, to provide post-trade services to banks in the region.