Image
January 18, 2014

Weekly Roundup | Clearing | 18 January 2014

LCH.Clearnet Expands Credit Default Swap Clearing Service

LCH.Clearnet, the clearing house majority owned by the London Stock Exchange, has expanded its credit default swap (CDS) clearing service, as it seeks to improve efficiency for clients and capitalise on derivatives trading reforms. Reuters: LCH.Clearnet Expands Credit Default Swap Clearing Service.

CFTC Grants LCH.Clearnet SA Registration as a Derivatives Clearing Organization

Washington, DC — Today, the Commodity Futures Trading Commission (Commission) issued an Order granting Banque Centrale de Compensation, doing business as LCH.Clearnet SA (LCH.C SA), registration as a derivatives clearing organization pursuant to Section 5b of the Commodity Exchange Act. CFTC Press Release: CFTC Grants LCH.Clearnet SA Registration as a Derivatives Clearing Organization

BayernLB joins EurexOTC Clear

Bayerische Landesbank (BayernLB) has been clearing member of EurexOTC Clear for Interest Rate Swaps (IRS) since 18 December 2013 to bring the total number of clearing members to 22. Eurex Clearing: BayernLB joins EurexOTC Clear.

ABN AMRO Clearing becomes a member of EurexOTC Clear for Interest Rate Swaps

ABN AMRO Clearing has become clearing member of EurexOTC Clear for Interest Rate Swaps (IRS) to bring the total number of clearing members to 23. Eurex Clearing: ABN AMRO Clearing becomes a member of EurexOTC Clear for Interest Rate Swaps.

BUSINESS REVIEW: "The impacts and challenges of EMIR" by Florence Besnier. (French)

In her article for BUSINESS REVIEW, Florence Besnier, Senior Vice President Business Relations at Eurex Clearing, talks about EMIR and its impacts and challenges from the point of a Central Counterparty and what Eurex Clearing is offering its customers in terms of segregation models and more. Eurex Clearing: BUSINESS REVIEW: "The impacts and challenges of EMIR" by Florence Besnier. (French).

Nasdaq OMX Nordic Clears First Buyside Swap

Nasdaq OMX Nordic has cleared its first interest rate swap from an institutional investor as market participants prepare for tougher incoming European rules governing derivatives trading. FT: Nasdaq OMX Nordic Clears First Buyside Swap.

Examining the New Business Models for FCMs in the Evolving Derivatives Industry

A recently published whitepaper by Fidessa entitled “You Only Live Twice, examines how FCM business models are changing as a result of new financial regulation. Fidessa’s Steve Grob explains the challenges FCMs face as they adapt workflow and technology to align with these new business models. DerivSource: Examining the New Business Models for FCMs in the Evolving Derivatives Industry.

FX Clearing a Priority for 2014, Vows CLS Chief

Working with banks and CCPs to facilitate central clearing of OTC forex options is 'high priority strategic initiative' for CLS this year. Risk: FX Clearing a Priority for 2014, Vows CLS Chief.

 


Popular
Most Viewed

Image

Related Articles


June 30, 2022

SIMM Falls Short says PRA Letter to Banks




2 MIN



Risk Management


June 28, 2022

FMSB Statement of Good Practice on Trading Platform Disclosures




2 MIN



Regulation


June 20, 2022

Regulatory change and data fragmentation are key challenges for 85% of firms




2 MIN



Regulation