With eurocrats dithering on extension of LCH waiver, asset managers mull when – or if – to jump ship to Eurex
With swaps and forwards hit hard by new capital measure, dealers turn to vendors and bilateral restructuring
Central bank reportedly behind name change as derivatives rise up political agenda
Can CGBs emulate US Treasuries as initial margin on cross-border derivatives trades?
Liquidity in Treasuries saw a sharp deterioration on February 25, with bid/offer spreads across the whole curve tripling. Belly flies such as 2/5/10s cheapened over 17bp, seven times greater than in a typical session. This had a knock-on effect on off-the-run Treasuries. The head of rates at a US buy-side firm says one popularly traded deep off-the-run 30-year bond that regularly trades two ticks wide blew out to 12-13 ticks wide on February 25.Read the full article
European life insurer boosts returns by sourcing loan assets directly from private equity firmReceive this by email