Hong Kong Exchanges and Clearing unveiled a new three-year strategic plan in January that sets ambitious goals for expanding its equity derivatives business, expanding the product services offered by the London Metal Exchange, entering the physical commodity markets in mainland China and introducing derivatives based on Chinese interest rates.
CONTINUE READINGThe Bank of England on Jan. 15 released a staff working paper studying the impact of Dodd-Frank rules requiring that certain interest rate swaps be traded on swap execution facilities.
CONTINUE READINGCentral bank officials working under the auspices of the Bank for International Settlements released two reports on Jan. 21 that analyze trends in global fixed income markets.
CONTINUE READINGThe Bank of England has urged European policymakers to review the treatment of derivatives trades in the leverage ratio calculation used to determine the amount of capital required for banks.
CONTINUE READINGOn Feb. 11, the Securities and Exchange Commission issued an order approving the OCC’s plan to raise capital.
CONTINUE READINGLCH.Clearnet announced it has received formal clearinghouse status from the Monetary Authority of Singapore.
CONTINUE READINGMoody's Investors Service in January published a new methodology for rating global clearinghouses.
CONTINUE READINGAfter years of discussion, the European Commission and the Commodity Futures Trading Commission in February ironed out their differences on the regulation of clearinghouses in the U.S. and Europe.
CONTINUE READINGThe European Energy Exchange, a unit of Deutsche Boerse, has expanded eastward.
CONTINUE READINGTwo international regulatory bodies—the Committee on Payments and Market Infrastructures and the International Organization of Securities Commissions—issued a statement on Feb. 5 regarding liquidity issues related to the clearing of deliverable FX instruments.
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