Custody top story
Swaps industry mulling new utility for margin compliance
Utility would run daily margin calls, using open source version of industry’s standard model
Pension funds sign hedge-only agreements with banks
Cardano and PGGM promise not to give banks speculative trades
Calypso Technology: No FCM, no problem
Ex-RBS clearing head maps out a world without FCMs
EU court to rule on UK challenge to ECB's clearing policy
Verdict due on March 4 in first of three UK complaints about eurozone clearing
Repo and securities lending face swap-style stays
Regulators and industry to meet in London on March 2
Banks blame regulation for FCA's clearing worries
UK regulator warns client clearing could become a “missing market” but defers study
JP Morgan warns on swaps clearing
Bank says client clearing returns are "incompatible" with current capital rules
Basel III transforming securities lending market
New entrants respond to challenges facing primes and lenders
Call for user-owned utilities to lower central clearing cost
But monopoly or duopoly inefficient, BNY Mellon says
Clearing houses face privacy law concerns
US reporting requirements could force CCPs to break national privacy laws
Banks face cyber security overhaul as $1bn heist marks 'new era'
Firms must change procedures and train staff after Carbanak attacks
Republicans in Congress set to push Dodd-Frank fixes
End-user relief has good shot at surviving Obama veto, observers say
Massad backs leverage ratio changes
CFTC chairman “very concerned” about negative impact on clearing
Traiana drama culminates in CEO’s exit
Senior executives butted heads, but CMO ousts CEO in latest twist
House committee calls on Fed to change leverage ratio
US politicians argue "unwarranted" capital burden will hike end-user costs
Wells Fargo: clear ambition
Low leverage gives clearing newcomer a chance to expand
Leverage ratio threat to Eurodollar liquidity
Cost of benchmark contract will rise and liquidity will fall, clearers warn
Fund managers await clarity on cost disclosure rules
European rules on greater disclosure of portfolio costs could apply sooner than expected
Grim repo: clearing touted as saviour for shrinking market
CCPs wary of risks as they vie to launch buy-side repo services
CME fears futures clearing retreat
Leverage ratio could prompt FCMs to be more picky, warns CME's Sprague
Lawyers back Esma in clearing dispute with EC
Clash leaves clearing timeline in "uncharted territory"
India commodity exchange fights single CCP proposal
NCDEX finds itself in conflict with government clearing house proposals
CCPs confront the difficult maths of default management
The next time a big dealer defaults, it will hit a host of swap clearing houses simultaneously
Primes re-pricing and exiting their tails
Start-ups struggling to establish multiple PB relationships