Many derivatives users in Asia expect to clear through local CCPs, creating the potential for liquidity fragmentation and higher costs
Europe and the US are at loggerheads over the territorial scope of new derivatives rules – as evidenced by a new financial stability review from the Banque de France – but agreement can be reached, says Sylvie Matherat, the central bank’s deputy...
The OTC market's complex new structure will lead to operational glitches, conference participants warn
Some client trades have not been cleared within 60 seconds
Stockholm-based clearing house becomes the latest to announce its intention to enter the forex space
A variety of clearing houses are emerging in Asia – in some cases, backed by domestic clearing requirements for local currency derivatives. That poses some difficult questions for participants active across the region. Should they sign up to all of...
Clearing house has been told its own rules prevent it from shelving buy-side clearing for single-name CDS contracts
Two firms now testing central credit-checking service
The days either side of the first US clearing deadline saw last-minute decisions by clients and regulators, operational niggles and some illegality. The industry expects breaches of the rules to get a pass for now, so the first phase of the new regime...
Japan’s over-the-counter derivatives clearing house will soon allow member banks to offer client clearing and it also plans to merge with another domestic clearing house, according to a senior official.
Firms that trade index and single-name CDSs will see margin requirements increase
Lack of clarity on CCP equivalency leaves South African rules in limbo, says National Treasury's Natalie Labuschagne
While the Group of 20 nations want to see progress with financial regulatory reforms, individual authorities around the world are reluctant to relinquish domestic sovereignty over standards for central counterparties. Luke Clancy reports
Stop-gap margin solution would force most firms to post twice as much collateral as CCP members
Broker seeks to broaden its Asia offering by adding OTC IRS clearing in Singapore
Preparations are "running very smoothly" says CFTC chairman, ahead of first clearing deadline
The changing regulatory climate has transformed collateral management from a necessary if unglamorous part of the back office to a fundamental strand of firms’ risk management requirements
Sponsored Q&A: Eurex Clearing
Australian domestic clearing house hoping to use lower margin costs as a means to win market share