The OTC Space | Category Archive

Yet more CCP status updates

November 29, 2012 by Bill Hodgson 2 Comments

Based on feedback from people out here in Singapore, and more research, my CCP status chart now has added items: Two new CCPs added, one for IRS & NDFs, the other for NDFs only. Two dates moved, updates from public sources but also from research Correction on the notional on one CCP, they were 10 […]

ccps, notional, sdrs

SGX OTC IRS Clearing Volumes

July 6, 2012 by Bill Hodgson 0 Comments

In a press release (link below) from SGX they say: Clearing of financial derivatives New OTC interest rate swap transactions cleared was S$8.1 billion notional in June, up 70% year-on-year. Since the start of IRS clearing in November 2010, SGX has cleared a total S$273 billion notional of IRS. —– Converting to GBP at 2:1 […]

Central Counter Party, SGX

CCP Volumes and Notionals as of June 5th

June 5, 2012 by Bill Hodgson 0 Comments

Here’s how the clearing score sheet looks as of today using notionals (or open positions) and volumes , and below the same chart as of end of 2011.

Regional CCPs: How compelling a business case?

February 10, 2012 by corinaki24 8 Comments

Corinna Athanasopoulos with input from myself and David Gardiner, debates the arguments for and against the creation of national clearing houses for OTC (and other) products, in relation to the G20 commitments. Pre-Lehman The central clearing landscape in the aftermath of the Lehman default in 2008 looked very different to the one we see today. Pre-Lehman, LCH.Clearnet […]

cds service, hkex, jscc, lch clearnet

SGX IRS Clearing Update

December 2, 2011 by Bill Hodgson 2 Comments

SGX put out an update (here) on trade volumes including OTC IRS, quote: Clearing of OTC Interest Rate Swaps continued to grow with a notional $4.5 billion cleared in November, bringing the cumulative amount cleared since launch to $184.5 billion notional. Notionals from other CCPs are here:

Central Counter Party, SGX

SGX publish IRS CCP notionals

October 31, 2011 by Bill Hodgson 0 Comments

I might not be the first to notice, but if you can navigate the SGX website, you’ll find their monthly statistics update, which now includes OTC IRS broken out, here’s the full report PDF, check at the top of page 16. The SGX IRS page is here. I’ve charted the data from Nov 10 to end […]

Central Counter Party, News, SGX

SGX clears first NDFs – leads the world, for now

October 25, 2011 by Bill Hodgson 0 Comments

SGX announced they’ve now cleared their first NDFs, supported by a selection of the usual tier 1 banks. Surely it won’t be long before CME and LCH catch up? Keep watching. Full story here: http://www.sgx.com/wps/wcm/connect/sgx_en/home/higlights/news_releases/sgx+clears+first+asian+fx+forwards

Central Counter Party, SGX