MarketVoice News
-
OTC Clearing: KRX Extends Clearing to Dollar Swaps
Korea Exchange announced in June that it will start clearing interest rate swaps denominated in U.S. dollars in November. KRX, which has been clearing interest rate swaps denominated in Korean won since June 2014, estimated that about 12% of the Korean interest rate swap market is denominated in U.S. dollars.
CONTINUE READING -
India considers restrictions on automated trading
The Securities and Exchange Board of India, the country's primary regulator of financial and commodity markets, is considering a wide range of measures to restrict high-frequency trading.
CONTINUE READING -
Remote clearing: Singapore weighs new approach
The Monetary Authority of Singapore is moving closer to allowing international clearing firms to become members of local clearinghouses without having to establish a local presence.
CONTINUE READING -
MIFID II
The European Commission has nearly completed work on the regulatory technical standards needed for the implementation of the Markets in Financial Instruments Directive II, its comprehensive overhaul of market regulation.
CONTINUE READING -
Liquidity pool for CDS
Intercontinental Exchange is betting that the credit default swap market is ready for customers and dealers to come together on a single platform.
CONTINUE READING -
Hybrid model
Tullett Prebon, an interdealer broker headquartered in London, acquired a long-term license of CME’s hybrid trading technology.
CONTINUE READING -
Expert views on CCP Risk
The Commodity Futures Trading Commission's market risk advisory committee discussed several issues related to clearinghouse default management at a meeting on June 27.
CONTINUE READING -
Preparing for a default
The Commodity Futures Trading Commission issued a staff letter on July 21 that provides detailed guidance on the issues that clearinghouses should take into account as they develop their recovery plans and wind-down plans.
CONTINUE READING -
-
People - September 2016
European Commission President Jean Claude Juncker appointed Michel Barnier (pictured), a veteran French politician and the former head of EU financial services policy, as the chief negotiator for the EU as it works out the terms of the U.K.'s exit from the EU.
CONTINUE READING
