Fiona Tramontana joins ASX in Sydney to work within its rates, derivatives and OTC markets business.
Tag: interest rates
CME announced it will launch futures and interest rate swaps based on the Treasury repo financing rate, an alternative reference rate for pricing securities and loans in the US.
The charge for cash used as initial margin for listed derivatives trades will affect around 60 clients.
Clearing banks are under increasing pressure from record low interest rates, and may be forced to pass on costs to their end-clients.