Eurex targets OTC FX and repo clearing with expansion of partnership profit scheme
Commerzbank, Deutsche Bank, JP Morgan and Morgan Stanley will sign up as early adopters of OTC FX clearing within the profit sharing scheme.
Tag: Derivatives
Swaps drive new FX trading record in London
Average daily FX turnover in the UK hits new highs in April according to data from the Bank of England.
CFTC responds to Vatican’s criticism of derivatives market
Christopher Giancarlo makes the case against the unethical nature of derivatives products after scathing statement from Pope Francis in May.
Looser swaps trading rules could boost volumes by up to 20%
Greenwich Associates lays out potential benefits to ease of restrictions on swaps trading and SEFs in the US.
Pope Francis slams ‘poisonous’ derivatives market
Pope Francis targets derivatives market in statement on ethics in finance, describing it as a “ticking time bomb”.
Barclays appoints exotics and derivatives head from Credit Suisse
Barclays names new global head of exotics and head of derivatives for equities in latest hire from Credit Suisse.
Global interest rate derivatives contracts reach largest number on record
Data from the World Federation of Exchanges showed 3.9 billion interest rate derivatives contracts were traded in 2017.
trueEX plans launch of cryptocurrency marketplace
trueEX has established new ‘trueDigital’ business to offer non-deliverable forwards for Bitcoin on new marketplace.
Singapore and New Zealand exchanges sign market agreement
SGX and NZX agree on cooperation for derivatives, dual and secondary listing, ETFs and investor participation.
Japanese banks eye greater use of blockchain in derivatives contracts
Nomura and Mizhuo Financial will join other Japanese banks in testing a blockchain platform for derivatives contracts.