Trading volume on swap execution facilities reached $552.5 billion in average notional value per day during December 2021.
CONTINUE READINGFIA, SIFMA and the Financial Services Roundtable on March 10 submitted comments to the CFTC regarding the application of Dodd-Frank regulations on transactions involving non-U.S. swap dealers.
CONTINUE READINGCash-settled futures on bitcoin have been a smash success for CME, but they sometimes diverge from prices in the spot market. That has spurred interest in physically delivered contracts. Much like in the classic agricultural futures markets, the buyers and sellers of these contracts are obligated to exchange the underlying cryptocurrency when the contract expires. This mechanism effectively forces the spot and futures prices to converge at settlement.
CONTINUE READINGOn 5 February 2016, the Hong Kong Securities and Futures Commission (“SFC”) and Hong Kong Monetary Authority (“HKMA”) published their joint consultation conclusions on proposals to introduce mandatory clearing and expand mandatory trade reporting for the second stage of the OTC derivatives regulatory regime.
CONTINUE READINGGate 39 Media is a technology consulting firm and marketing agency serving the financial, agricultural, and commodity industries, with clients that include some of the world’s largest exchanges, financial advisors, brokerage firms, and agribusinesses. Their services include custom technology, app, and hosting solutions, content and marketing strategy, website development, digital media production, design and branding services, CRM builds and more.
CONTINUE READINGFutures Accounts: The total amount of customer funds in futures accounts at US FCMs hit an all-time high of $324.5 billion in December, surpassing the previous record set in March 2020.
CONTINUE READINGSponsored Content: JPX looks ahead to cash market restructuring, derivatives, and fixed income
CONTINUE READINGTranscend offers modular technology solutions that augment existing margin and collateral processes. The Company’s comprehensive connectivity, analytics and optimization capabilities help clients automate smarter liquidity, funding and collateral decisions in real-time. Areas of application include inventory management, collateral optimization and validation, cleared and uncleared margin services, liquidity and ESG analytics, and more.
CONTINUE READINGOn 29 May the European Commission held an open hearing on the review of EMIR at its premises in Brussels. The hearing was split into four sessions – covering CCPs; non-financial corporate counterparties; clearing and risk mitigation techniques; and trade repositories and reporting.
CONTINUE READINGDerivatives markets have long been warned the cessation of certain LIBOR panels after December 31, 2021. And thankfully, that date has come and gone without incident. Steve Hamilton, ICE's global head of financial derivatives, talks with FIA about the hard work of preparing for this moment and prospects for future liquidity in risk-free rates including SONIA.
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