Chicago mercantile exchange (cme)
Multiple plans to open trade repositories fuel concerns
The database race
In this white paper, Gordon Russell, Global Head of Risk at Broadridge Investment Management Solutions argues that the chances of survival in this new environment will be greater for funds that implement solutions to efficiently and cost-effectively manage data and risk.
More Chicago mercantile exchange (cme) articles
The CME blames FCMs for the delay in offering its clearing service of non-deliverable forwards in USD/Chilean peso
The US exchange operator hopes to create a transparent, liquid futures contract for renminbi, offering an alternative to the privately negotiated market. But the launch was delayed due to settlement...
Banks have picked the DTCC to build a series of new derivatives repositories, but overlooked rivals CME and Ice vow to fight on
The need to provide portability could pressure CCPs to lean more heavily on initial margin than default funds to absorb losses
CPSS-Iosco guaranteed settlement requirements make foreign exchange options clearing more difficult, say participants
Meeting the calls
Weaker clearing members could be overstretched by a crisis, dealers warn - but LCH.Clearnet and CME differ on the risk of wider access
Moving OTC trades onto CCPs will increase op risks
The big bang
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.