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Articles

Cross currency swaps service
04 Aug 2021 — Deputy Editor

Increased flows of cross-currency swaps to CLSSettlement supports FX industry calls to increase payment-versus-payment settlement

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2 MINS
Common Domain model
02 Aug 2021 — Bill Hodgson

The International Swaps and Derivatives Association, Inc. (ISDA), the International Capital Market Association (ICMA) and the International Securities Lending Association (ISLA) have signed a memorandum of understanding (MoU) to strengthen collaboration on the future development of the Common Domain Model (CDM)

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2 MINS
29 Jul 2021 — Bill Hodgson

TriOptima, a leading infrastructure service that helps to lower costs and to mitigate risk in OTC derivatives markets, announced today that the Australian Securities Exchange (ASX) has gone live with the triReduce compression service.

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1 MIN
Ivno and CloudMargin
28 Jul 2021 — Bill Hodgson

The OTC Space followed up on an announcement by Ivno and CloudMargin that they now have a partnership which enables CloudMargin customers to achieve real-time exposure management (should they choose to) by moving assets using the Ivno platform.  When I was a youngster in collateral management it was very much a once-per-day process much like the daily margin calls from a CCP. Some CCPs now monitor exposure intraday and can call for more assets if exposures demand it.

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16 MINS
Avelacom Waters Tech Award Win
28 Jul 2021 — Deputy Editor

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has won the FX Markets Award for best connectivity, hosting and co-location services for electronic FX trading.

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2 MINS
Margin Technology
27 Jul 2021 — Bill Hodgson

Discover the A-Z list of margin terminology from OpenGamma

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1 MIN
LedgerEdge
22 Jul 2021 — Deputy Editor

LedgerEdge, the next-generation ecosystem for trading, announces the appointment of Michelle Neal as CEO of US operations. 

This appointment will support the US expansion of the firm, which is rolling out a global corporate bond trading platform built on distributed ledger technology.

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2 MINS
21 Jul 2021 — Bill Hodgson

With constant innovation in software and hardware competition between trading firms brings challenges, risks and opportunities. We all know that FinTech firms keep delivering new ways to handle trading and risk management, often quicker than larger 'package' vendors and internal corporate IT departments. Your Trading Operating Model, the combination of people and systems is an asset to be nurtured and sometimes entirely transformed to stay competitive.

The OTC Space met with John Read founder of Prodktr to talk about the trading operating model including:

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6 MINS
FIA whitepaper
21 Jul 2021 — Bill Hodgson

The FIA Principal Traders Group today released a white paper regarding central clearing in the US Treasury market. FIA PTG believes increased central clearing would deliver a number of benefits to market participants in the US Treasury market, including alleviating specific balance sheet constraints observed during the volatility of March 2020...

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2 MINS
15 Jul 2021 — Ronnie Kher

It is no surprise that a global pandemic has completely reshaped the way we live our lives. We have seen it before with “The War on Tuberculosis” public health campaign in the 1890s, and the Spanish Flu in 1918, both of which caused profound changes in human behaviour. But how will this affect the insurance industry’s digital transformation?

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4 MINS
DTCC fined
15 Jul 2021 — Bill Hodgson

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has fined DTCC Derivatives Repository Plc (DDRL) a total of €408,000 for seven infringements of the European Market Infrastructure Regulation (EMIR) regarding data confidentiality, data integrity, and direct and immediate access to data.

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3 MINS
cross border exchange
13 Jul 2021 — Deputy Editor

The Monetary Authority of Singapore and the Banque de France are hailing the results of a cross-border digital currency simulation that could upend the current correspondent banking model, enabling banks to conduct overseas transactions across a single shared ledger.

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2 MINS