Luke Clancy is the London-based editor-at-large for Risk.net. Over the past 20 years spent in financial journalism, his previous positions have included: supplements editor, Risk magazine; editor of Hedge Funds Review, ETF Risk and Custody Risk (all formerly published by Incisive Media (now Infopro Digital)); senior investment writer, Investment Week (published by Incisive Media); deputy editor, Global Investor (Euromoney); managing editor, Engaged Investor and Pensions Insight (Newsquest Specialist Media); editor, World Mining Stocks (Aspermont UK); editor, Global Pensions and deputy editor, Professional Pensions (MSM International); online editor, Private Wealth Advisor and Offshore Red (Camden Publishing).
Three factors slashed size of book by 25%, including move to treat margin as settlement
Questions about post-Brexit status of UK CCP could spark mass migration – and severe volatility
Two CCPs report interest from LCH customers; banks expect first book transfers in early 2018
Eurex set to challenge LCH estimates of clearing relocation costs
Firms say DLT can sit with current market practice, but instantaneous settlement 'not desirable'
AMF calls for equivalence to be scrapped for biggest CCPs and trade repositories
Masters’ firm quietly moves beyond finance; works with PNC Bank
Mifid II best execution requirements intrusive and painful, say asset managers at Buy-Side Risk Europe 2017
Former Russian oil minister predicts meeting, but White House has no announcements “at this time”
Trading obligation consultation due by May, as industry urges clarity rather than speed
Goldman Sachs and JP Morgan upending years of bank strategy by making systems available to clients
UK pushes back against French demands to shift CCP business post-Brexit
Most euro clearing could be repatriated after Brexit without hitting other jurisdictions
Operators of legal entity identifiers hope Mifid II will spur greater adoption