Clearing
Buy-side battle
Central clearing has dominated the agenda of credit derivatives dealers this year. With regulators pushing for buy-side firms to have access to clearing platforms, dealers and clearing houses are finding there is a great deal of work still to be done…
CLS: US-Canada forex settlement due in 2010
CLS Bank, the multi-currency cash settlement system provider, is aiming to settle same-day US dollar/Canadian dollar and US dollar/Mexican peso currency trades by the end of 2010, according to chief executive Rob Close.
CDS: Spreads narrow on positive US data; Citi leads
Credit default swap 5-year mid-levels for structured products issuers (August 20)
CDS: Spreads widen tracking stocks
Credit default swap 5-year mid-levels for structured products issuers (August 19)
CDS: Citi, BoA lead spreads wider again
Credit default swap 5-year mid-levels for structured products issuers (August 14)
CDS: Spreads narrow on positive France, Germany GDP data
Credit default swap 5-year mid-levels for structured products issuers (August 13)
CDS: Spreads continue to widen
Credit default swap 5-year mid-levels for structured products issuers (August 12)
CDS: Spreads widen; US banks lead
Credit default swap 5-year mid-levels for structured products issuers (August 11)
CDS: Citi leads spreads narrower
Credit default swap 5-year mid-levels for structured products issuers (August 10)
CDS: Spreads widen despite better-than-expected US jobs data
Credit default swap 5-year mid-levels for structured products issuers (August 7)
CDS: Spreads narrow again; tracking equities
Credit default swap 5-year mid-levels for structured products issuers (August 6)
CDS: Spreads tighten a touch; Citi leads
Credit default swap 5-year mid-levels for structured products issuers (August 5)
CDS: Spreads widen after disappointing UBS earnings
Credit default swap 5-year mid-levels for structured products issuers (Tuesday August 4)
CDS: Spreads narrow; Citi leads tightening
Credit default swap 5-year mid-levels for structured products issuers (Monday August 3)
Ice Clear Europe launches CDS clearing
Ice Clear Europe, the facility set up by Atlanta-based central counterparty (CCP) IntercontinentalExchange (Ice) for the clearing of European credit default swaps (CDS), has obtained regulatory approval and started clearing operations.
Eurex CDS clearing solution to start on July 30
Eurex will begin clearing European index and single-name credit default swaps (CDS) as of July 30, the exchange said today.
Race against the clock for European CDS CCPs
With just two weeks remaining until the European Commission’s deadline for central counterparties (CCPs) to begin clearing credit default swaps (CDSs), two of the competing platforms are still waiting for regulatory approval.