Tested model proves the clear choice in Europe and the US
Market participants say CFTC proposals should be more detailed, more prescriptive
"Allowing CCPs to settle FX trades bilaterally would reintroduce Herstatt risk, so it would certainly be preferable to have CCPs become either direct or third-party members of CLS," says LCH.Clearnet executive
Stockholm-based service already has Swedish debt office on board. Launch planned for second half of 2011
Ian Axe moves from BarCap to head clearing house group
Caps in hand?
Firm might not be able to live with 99% reduction in minimum capital requirement under Dodd-Frank Act, says chief executive
CFTC proposal sparks row over CCP membership
The liquidity access debate
Risk awards 2011
Risk awards 2011
Clearer will extend coverage to third asset class in 2011, with support from 13 banks
CCP turf war simmers as OTC regs head to European Parliament
The price you pay
Ice Clear Europe accepts gold for margin, while LCH.Clearnet is also working on extending eligible collateral
Futures clearing model less secure for over-the-counter derivatives than bilateral trading, says BlackRock trading head
Ice Trust estimates it might have to increase initial margin by 63% to cover risk.
Findings of UBS equity analysts stoke fears of race to the bottom among over-the-counter derivatives clearing firms
Competing for business will not fatally undermine derivatives clearing – as long as the system is well regulated, speakers claim
Middleware at fault for Barclays clearing break
TradingScreen has created a multilateral trading platform to streamline the process of corporate bond transactions by centralising the buying and selling of corporate bonds in Europe.