Market participants claim a clearing mandate for non-deliverable forwards is written, but has been languishing while the Commodity Futures Trading Commission puts new leadership in place. With that now...
Market flocks to NDFs over fears that sanctions will restrict the ability to settle Russian ruble forwards
Nordic CCP had hoped to be clearing NDFs by November 2013, but insists it has not abandoned the idea – it's just a less pressing need with customers focusing on interest rate swap and credit default...
More Non-deliverable forward articles
Platforms will need to obtain paper copies of users' contracts in order to confirm non-cleared trades
Asset manager returns to phone trading after electronic execution in foreign exchange contracts is forced onto Sefs
Multi-dealer platforms have to register as Sefs - but clients could choose to use other venues and avoid extra legal work
The relaxation of the Fed stance on tapering hasn't reassured South-east Asian corporates
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.
Topics of interest
Hong Kong, 1st - 31st Dec 2014
UK, 18th Mar 2015
Singapore, 22nd - 23rd Jul 2014
Australia, 12th - 13th Aug 2014
Australia, 14th Aug 2014