Citi was the first US bank to offer client swap clearing through Eurex, and eight funds have joined Citi to use the service.
Pension funds will have to begin clearing OTC derivatives contracts on 17 August 2018, despite calls for a third extension.
Swiss investment bank’s annual report outlines potential revenue impacts of MiFID II unbundling and changes to OTC derivatives trading.
MAS is seeking industry feedback on proposed rule changes to OTC derivatives already implemented in the US and the EU.
From 3 January 2018 banks and asset managers will be required to trade certain OTC derivatives on electronic platforms.
HKEX will launch the service ahead of the 1 July clearing mandate for OTC derivatives.
Buy-side firms managing collateral in-house were able to overcome the 1 March go-live for the variation margin rules.
The two companies will allow traders to rewrite their OTC derivatives agreements and pass on the operational workflow.
Delays to the central clearing mandate for category three firms have harmed clearing revenues at Deutsche Boerse.
Credit Suisse has cut its bilateral derivatives trade count by more than half.