Markets regulators will not require CCPs to have contractual liquidity commitments - but Fed is said to retain concerns and CCPs need approval from both camps
CME Group says energy futures volumes have dropped since it was confirmed that contracts executed on US exchanges could tip firms over the European clearing and trade valuation threshold
The existence of several rival price indexes for Western Canadian Select is hindering the growth of financial trading in heavy crude oil from Alberta, market participants say
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Cme group articles
Paulhac says CME swap future is not a vehicle for interdealer risk transfer. Others claim some market participants have replaced swap portfolios with the new contracts
Capital hit could drive EU banks out of US CCPs, leaving them unable to provide clients with clearing services
GF Futures has become the first Chinese broker to become a fully fledged member of the London Metal Exchange – and now it’s turning its attention to the US market
The new head of CME’s European clearing business expects competition to be intense as the region heads towards the start of mandatory clearing, but he believes his firm has a winning hand. By Tom Osborn
As North American crude oil production surges, liquid financial markets are developing around grades such as Louisiana Light Sweet, Western Canadian Select, Mars and Midland, changing the behaviour of both physical hedgers and financial traders. Alexander...
Commodity traders and physical producers move into coal derivatives as major banks retreat
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.