CME Group
Exchange of the year: CME Group
Chicago exchange found fixes for five-year issuance gap in US Treasury bonds
US regulators told to expect VM status change
Fed, FDIC and OCC told daily settlement of swaps will cut required capital
Collateral or settlement: capital cut rests on role of VM
Questions about status of variation margin are more than semantics
Swaps CCPs hope to slash capital via margin change
Treating margin as settlement could cut leverage – CME, Eurex, Ice, LCH.Clearnet all seeking approval
EU members of US options CCP face $30bn capital hit
OCC fears approval will be held up by absence of SEC clearing rules
Europe edges closer to final Emir clearing timeline
Deadline could arrive in mid-June; pressure to resolve EU-US dispute grows
Omnibus accounts in favour despite higher capital charges
Operational complexity in Europe and low volumes in Asia are deterring buy-side clearers from ISAs
Isda escapes CDS case pledge to help CFTC
Association still faces licensing overhaul as part of pending settlement
Fed support high on wish list for buy-side repo clearing
Risk USA panellists want liquidity support for planned new services
Swap futures face loss of capital edge
SA-CCR likely to treat swaps and swap futures equally, says Barclays' Kahn
Clearing houses reject standardised 'skin in the game'
Overly punitive requirements on CCPs could skew incentives
Asia exchange of the year: DME
New features boost trading of flagship Oman crude contract
Expected delay to non-EU CCP approval risks frontloading panic
Lawyers fear scramble to close out trades
CCP stress tests could help buy side pick winners
BlackRock exec calls for standardised test before European clearing starts
CME guaranty fund cut could lure new clearing members
Regional banks and prop shops eye direct membership, but FCMs see few benefits
Esma urges EC to bin frontloading
Benefits of retroactive clearing are "undermined" by its drawbacks, Esma finds
CCP basis driving CME clients to LCH, traders say
LCH sees doubling in client notional, while CME notional halves
CCPs confront cleared swap basis threat
From Japan to Mexico, CCPs are trying to avoid repeat of CME-LCH price disparity
CCP basis and the future of cleared swap pricing
Dealers predict "more granular" pricing for cleared trades, after CME-LCH basis blow-out
CCP basis market takes off – but will buy-side join in?
Dealers are encouraging asset managers to trade CME-LCH swaps
CFTC’s Giancarlo backs phased approach to position limits
Agency should wait before implementing non-spot-month limits, commissioner says
BOCI pushing RMB as collateral in commodity derivatives deals
Bank of China's Hong Kong subsidiary looks for global role – and to expand the use of the yuan
Nasdaq energy futures face liquidity challenge
Traders say new exchange may struggle to compete with CME and Ice
Trading calendar spread options on energy futures
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