Derivatives
Deal gives Euronext members 10-years of clearing certainty.
Post-Trade
ESMA could gain authority to declare CCPs of major systemic importance be established in EU to provide services.
Post-Trade
Davie will run LCH's global OTC and listed rates derivatives clearing business, as well as the launch of SwapAgent.
Post-Trade
Daniel Maguire will continue with role as global head of rates and FX derivatives as well as COO responsibilities.
TheTRADE Derivatives
Eurex and CME Group recorded record trading volumes in listed interest rate derivatives, while LCH saw record cleared swaps volumes.
Post-Trade
LCH seeks to grant wider clearing access to buy-side CDS traders, a move which could boost liquidity.
FinTechQ
The partnership will allow FirstRand Securities to complete the process of becoming a direct clearing member of LCH.
Post-Trade
Clearing volumes for interest rate derivatives increased 25% over 2016, spurred by regulation and the migration to new cleared products.
Buy-Side
Buy-side cleared inflation swaps volumes have rocketed since 1 September with dealers offering cheaper prices.
Post-Trade
SwapClear service saw increased activity since margin rules were implemented in September this year.