News
JP Morgan exec challenges CCPs over skin in the game
"Why wouldn't you put up... all of your capital?" asks Olsen
TruMid takes early lead in credit dark pool race
Nearly $2.5 billion of corporate bond trades have been executed on dark pools since May
Market liquidity has been drained by regulations, says DBS chief
Volcker, Basel III and Dodd-Frank have combined to reduce liquidity
SGX mothballs US dollar swap clearing
Insufficient demand causes service to cease – however exchange says it may reintroduce it later
EU regulators lean towards RIY cost disclosure for Priips
Reduction in yield “superior” to total cost ratio, says ESA joint committee chair
Citadel shut out of Tradeweb as it makes US Treasury move
Firm is first non-bank on Bloomberg, but primary dealer catch means it cannot join Tradeweb
Banks hope for Mifid reprieve on fixed-income research
Intervention by France, Germany, UK could bring about “more considerate treatment”
Frankfurt launch of CSI 300 index futures under review
Impact of Chinese volatility reaches Europe with latest delay
Bank of Italy chief sees legal risk in senior bonds bail-in
Banks should inform savers about senior bonds’ place in resolution hierarchy
G-Sibs fret as Fed mulls including surcharges in CCAR
Surcharges are excluded from CCAR in 2016 but could be factored in from 2017
Macquarie wrestles with warrant valuation
Australian bank in negotiations on settlement of Hanergy TFP warrants
'Systemic risk' created by margining into non-netting jurisdictions, says StanChart
Local regulators are considering exempting banks from posting margin where there is no netting certainty
Solvency II changes among ‘first actions’ in EU markets plan
Leaked document suggests intention to act quickly on infrastructure and ABS
People: Deutsche Bank loses two senior fixed-income traders
Zar Amrolia leaves Deutsche for XTX Trading, while Michelle Neal goes to BNY Mellon; Brevan Howard hires former RBS traders; HSBC appoints new head of forex options
Mifid II price tiering guidance unlikely, say dealers
Banks warn vague rules "like the Rorschach test" and need clarification
SGX 'ahead of the curve' on CCP capital, argues director
Singapore Exchange puts up 25% of default fund capital; European and US CCPs contribute 2.6%
Enforcement 'biggest challenge' for new forex code of conduct
New global code to be finalised by May 2017
Investors wrong-headed on solvency ratios – Bernardino
Markets must adapt to naturally volatile metrics, says Eiopa chairman
Multi-issuer platforms clash over MIPs’ purpose
Information hubs or one-stop-shop for structured products?
Asian insurers recoil from structured products
Institutional and regulatory barriers blamed for poor take-up of derivatives by life companies
EU TSOs need carrot to tackle congestion – EEX's Reitz
Power grid operators and capacity mechanisms seen as impeding cross-border trade
Banks bemoan data gap in Mifid II systematic internaliser test
Required EU trading data non-existent, dealers complain
CME guaranty fund cut could lure new clearing members
Regional banks and prop shops eye direct membership, but FCMs see few benefits
Banks split on accounting for KVA – Risk survey
Accounting standard is coming, say some - others see no KVA requirement