Citi and HSBC automate FX prime brokerage novation with Capitolis
Capitolis launched its novation platform last year in partnership with major firms including Citi, HSBC, Brevan Howard and BlueCrest.
Capitolis launched its novation platform last year in partnership with major firms including Citi, HSBC, Brevan Howard and BlueCrest.
The move makes Deutsche Bank the first of the major global banks to adopt cloud technology for collateral and margin management.
The Japan Securities Clearing Corporation granted Barclays clearing authorisation in November as it looks to expand its clearing business and presence in Asia.
DTCC Deriv/SERV chief executive, Chris Childs, tells The TRADE about the role DTCC’s TIW played at the time of the financial crisis, and the progress made so far in establishing a global reporting framework for OTC derivatives.
Euroclear’s London-based CSD to settle Irish securities in a ‘no-deal’ Brexit scenario after agreement with ESMA and the Bank of England.
Cobalt and IHS Markit have teamed up to produce post-trade services for FX using blockchain technology.
CME Group offers clearing for 26 currency pairs of FX cash-settled forwards and 11 pairs of non-deliverable forwards.
HKEX will develop new systems for the proposed paperless regime, which could be in place by early 2022.
LCH SA is targeting going live with a sponsored repo clearing scheme for the buy-side in 2019.
Market participants can access HKEX’s OTC Clear service for FX forward and swaps via Traiana’s CCP Connect.