Clearing

Survey of CCP Progress Since the US Clearing Mandate Kicked In

It’s been a few months since we last updated the CCP chart, and in that time clearing has become mandated in the US. In most cases the quantity of trades in each CCP has increased, but the effects of netting and tear-ups might be behind the reduction in others. The OTC Space: Survey of CCP Progress Since the US Clearing Mandate Kicked In. 

Aquila Clears First OTC IRS via Newedge Platform

Asset manager Aquila Capital Management has cleared its first OTC interest rate swaps (IRS) via derivatives broker Newedge’s membership of SwapClear. The Trade News: Aquila Clears First OTC IRS via Newedge Platform.

New York Portfolio Clearing To Be Consolidated into ICE Clear Europe…Is There More to it than Cost Savings?

A November 29th press release from ICE and DTCC “IntercontinentalExchange Group and DTCC announce plans for Interest Rate Futures listed on NYSE DTCC” grabbed our attention. Is this just about consolidation and cost savings? Securities Finance Monitor: New York Portfolio Clearing To Be Consolidated into ICE Clear Europe…Is There More to it than Cost Savings?

Market Infrastructure

Asset Managers Flock to OTC Derivative-Intensive Portfolio Management Systems

A study by Aite Group found that traditional asset managers, more so than hedge funds, are venturing into portfolio management systems with risk analytics and core infrastructure for derivatives products. Wall Street & Technology: Asset Managers Flock to OTC Derivative-Intensive Portfolio Management Systems.

Where are the Technologists’ Voices in Global Financial Reform?

In an attempt to fix the plumbing of the global financial markets under Dodd Frank with a unique identification code for swaps and counterparties, technology has been an afterthought, writes Allan Grody, President of Financial InterGroup Holdings LLC. Wall Street & Technology: Where are the Technologists’ Voices in Global Financial Reform?

Kynetix and Contango Join Forces on Solutions for Commodities and EMIR Challenges.

Kynetix, the specialist technology solutions provider for physical delivery of commodities and fixed income, today announced a partnership with one the world’s leading independent commodities and derivatives consultancies, Contango. CTRM Center: Kynetix and Contango Join Forces on Solutions for Commodities and EMIR Challenges.