State Street Global Markets Intends to Join LCH.Clearnet’s SwapClear Service
LCH.Clearnet Ltd.(LCH.Clearnet) today announced that State Street Global Markets, LLC (SSGM), intends to join SwapClear, LCH.Clearnet’s global…
Clearing
DerivSource provides industry analysis, expert Q&As and commentary articles on derivatives clearing, FCM clearing including news related to derivatives clearing organizations and clearing houses (CCPs). Common themes covered include regulatory change, such as EMIR, innovations in clearing services related to collateral management, margin management, netting, and risk for cleared derivatives and any trends that impact market participants on the buy side including pension funds, corporates, and asset managers.
EP-Council Deal on Rules for a Safe and Transparent Derivatives Market
ECON Economic and monetary affairs After long negotiations a compromise deal on new EU legislation to regulate…
SwapClear Announces U.S. $34 Billion Cleared in Client Business in January 2012
$28 Trillion in Total Notional also Cleared in January Clients cleared in seven of the 17 available…
The Cost of Collateral Management in a New CCP Environment
Prof Craig Pirrong offers his take on the biggest concerns for cost and collateral management in 2012…
NYSE Euronext Statement on EU Decision to Prohibit Merger Announces Resumption of $550 Million Stock Repurchase Program Following Termination of Merger Statement
NYSE Euronext announced today that in light of the decision by the European Commission to prohibit its…
ICE Clear Credit Launches Portfolio Margining Benefits for Clearing Participants
IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets,…
Improving Capital Efficiency: Failure is not an Option
Major regulatory changes, evolving market structure and funding challenges are making capital efficiency more imperative. Against this…
CCPs – Too Big to Fail? The Danger of Concentration Risk
Anu Munshi, partner at B&B Structured Finance, explores concerns about concentration risk among CCPs. Comments from a…
Week in Review: CFTC Approves New Rules on Customer Collateral, Swap Dealer Business Conduct & Volcker Rule
New rules on customer collateral with talk of extending protection to futures in addition to swaps markets;…
OTC Derivatives Central Clearing Preview for 2012
Peter Norman, a DTCC-CSFI Post-Trade Fellow and author of “The Risk Controllers: Central Counterparty Clearing in Globalised…