CME Group
CCP contest starting to heat up
Give CCPs a chance
Margin models converge as CCPs battle for dealer support
Dealers say they won’t join clearing houses that are not robust – and have already blackballed one central counterparty. As a result, the initial margin methodologies employed by the big rates clearers have begun to converge. Matt Cameron reports
Pimco said to be behind OTC clearing spike at CME
Interest rate swap clearing volumes at CME leapt 2,172% between August and September, and dealers say one firm is responsible for the surge
CCPs should be more transparent with margin models, say dealers
Dealers say CCPs need to be more transparent about how they calculate margin – including making their models fully accessible
CCP interoperability not achievable in near term, say clearers
CCP interoperability will not resolve fragmentation in the OTC markets, say panellists at Isda Europe conference in London
ECB policy would shatter big CCPs, critics warn
Plans to have CCPs based in the jurisdiction of the currency they clear would pull apart multi-currency services, experts warn, after UK Treasury challenges ECB
Rule could make OTC-cleared energy contracts 'endangered species': O’Malia
CFTC commissioner renews support for over-the-counter energy clearing tool in the face of new Dodd-Frank rules that could affect operation
Major disagreement over commodity trade repositories
Multiple plans to open trade repositories fuel concerns
Obstacles facing dealers' dream of a global OTC data repository
The database race
NYSE Liffe: one pot to rule them all
One pot to rule them all
CME Chilean peso clearing service awaits first trade
The CME blames FCMs for the delay in offering its clearing service of non-deliverable forwards in USD/Chilean peso
CME delays dollar/renminbi futures due to settlement system issues
The US exchange operator hopes to create a transparent, liquid futures contract for renminbi, offering an alternative to the privately negotiated market. But the launch was delayed due to settlement system problems and some traders believe the exchange…
CME, Ice to launch repositories rivalling the DTCC
Banks have picked the DTCC to build a series of new derivatives repositories, but overlooked rivals CME and Ice vow to fight on
Risk waterfall at CME, Ice makes porting harder, dealers say
The need to provide portability could pressure CCPs to lean more heavily on initial margin than default funds to absorb losses
On the move
On the move
Lamb discusses CME Clearing Europe's goals
A clear goal
Forex options clearing complicated by guaranteed settlement requirements
CPSS-Iosco guaranteed settlement requirements make foreign exchange options clearing more difficult, say participants
Former CME employee charged with data theft
A former employee of CME Group has been arrested and charged with stealing data from the firm
CME names Le Noble head of Asia
Former Newedge Japan head, Julien Le Noble, has taken on the top position for CME Group in Asia. He will be based in Singapore
Goldman Sachs tops list of firms that met CFTC
Access all areas
Small Asian companies exposed to commodity derivatives margin calls
Meeting the calls
Trading positions - May 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
CME Group's Raia joins Goldman Sachs
Joseph Raia today started working at Goldman Sachs, after announcing his resignation as CME Group's managing director for energy and metals marketing at the beginning of the month
Isda AGM: dealers, CCPs debate risks of lowering bar to entry
Weaker clearing members could be overstretched by a crisis, dealers warn - but LCH.Clearnet and CME differ on the risk of wider access