Interest rate derivatives
CME guaranty fund cut could lure new clearing members
Regional banks and prop shops eye direct membership, but FCMs see few benefits
CCP basis driving CME clients to LCH, traders say
LCH sees doubling in client notional, while CME notional halves
Nomura exec: client clearing scale insufficient outside Japan
Competition is set to intensify for Japan OTC clearing market as Sumitomo Mitsui Trust Bank starts client clearing
CME-LCH basis to persist, say dealers
Banks not convinced by CME plans to lure dealers from LCH.Clearnet
CME-LCH basis affecting choice of venue, say buy-siders
Pimco: price gap is now “material”; Eaton Vance says lowest cost is key factor
Risk España Rankings 2015
Steady as she goes
Fears over Shibor manipulation slow China IRS market
Market players express doubts over accuracy of quotation system
Vietnam needs benchmark to kick-start onshore rates market
Government needs to establish local rates standard, say global banks
China accounting rules hit interest rate hedging demand
Failure to apply hedge accounting means derivatives bring balance sheet volatility
Poor liquidity stalls long-dated Thai derivatives market
Demand is strong but supply is constrained due to stuctural issues
Deutsche Bank CRO: derivatives becoming loss leader
Core rates products may only be offered to “key clients”
Interest rate mis-selling payouts hit £1.5bn for banks
FCA publishes details of compensation paid by nine UK banks
JCRA: A collapse in the cost of credit
Credit charges have dropped to pre-crisis levels, says consulting firm's CEO
Forward-starting swap volumes fail to surge, says Isda
Data shows users are not flocking to the product to avoid Sefs
Taiwan fixing could fragment offshore renminbi liquidity
CNT fixing will be a boon for Taiwan’s derivatives market
KRX adds 16 foreign branches for mandated won IRS clearing
KRX set to receive no-action relief from the CFTC later today
Interest rate hedge mis-selling bill tops £1 billion
Redress payments still rising for UK banks over unsuitable rate products
Risk Espana rankings 2014
Funding spreads halve, growth slows in non-performing loans
Tradition and Tullett Prebon draw fire in Sef volumes flap
Market is split on how to report volumes for multi-legged trades
Emerging markets dealer of the year: Standard Bank
Standard Bank is a big player in its home market, with good international ties - now, the idea is to use those strengths to support the development of sub-Saharan Africa
Exchange of the year: Ice
It took Ice six years to find a way into the interest rate futures market. Its arrival - via the $8.2 billion acquisition of NYSE Euronext - will intensify competition in over-the-counter derivatives clearing
Deal of the year: Arqiva/HSBC
Deal of the year: Arqiva/HSBC
SABR symmetry
SABR symmetry
Schedule slips and costs rise on rate hedge payouts
UK regulator reveals that banks will miss deadline for compensating interest rate hedge mis-selling victims