Clearing and settlement
FX clearing to accelerate in 2016
ForexClear's Gavin Wells sees the drive towards greater capital efficiency gathering pace
Power shifts to PBs in new credit landscape
"My utmost concern is to make sure my prime broker is happy," says ADS Securities' chief operating officer
CLS and Markit extend FX settlement to cross-currency swaps
The currency settlement utility and global provider of financial information services join forces to tackle the growing demand for clearing solutions in the swaps market
Best Banks Awards: 360T tops two categories
Recently acquired by Deutsche Börse, the Frankfurt-based platform sees the acquisition as an important milestone in the drive to diversify its customer base
Best FX Clearing House: CME Group
Exchange and clearing house expects more clearing and growth in renminbi products
CLS starts settling Hungarian forint payments
After two years of preparation and testing, the forint joins the CLS universe
LCH.Clearnet launches buy-side clearing of NDFs in Europe
Service copies the firm's US model
FCMs kick off NDF clearing despite delays
Even with further setbacks to mandatory NDF clearing in the UK and US, Societe Generale senses opportunities for clients to clear now
ForexClear earmarks 2016 for FX options clearing
CCP time-stamps FX options-clearing plan, albeit for the third time since 2011, as concerns remain over currency delivery
LCH.Clearnet opens account with RBA
First overseas CCP to open deposit and liquidity facility with the Reserve Bank of Australia
Esma puts NDF clearing on hold
The European regulator takes a step back from proposing a clearing obligation for NDFs in the wake of market feedback
Asia most advanced in FX clearing, according to panellists
India, China and South Korea are the most advanced economies in the clearing space, attendees hear at the 10th annual FX Week Asia conference
NDF trading mandates must be harmonised, industry warns
The CFTC-hosted roundtable discussion on NDF clearing raised the main issues currently facing industry participants
PBoC designates renminbi-clearing banks for France and Luxembourg
Bank of China and the Industrial and Commercial Bank of China to serve the offshore RMB markets of the two countries
ForexClear adds PEN to cleared currencies
Clearing house can now handle 12 currencies and more than 95% of non-deliverable forward markets
Ice's CLS service cut by JP Morgan
The Atlanta, Georgia-based exchange and clearing house has had its CLS settlement service discontinued, just like CME
CME to expand paired delivery as banks rethink third-party CLS
As banks scale back provision of CLS settlement to exchanges and CCPs
Fed official reiterates FX options-clearing guidelines
Lawrence Sweet highlights industry discussions around FX options clearing as a key component of a private-sector solution
CCIL-cleared forex forwards volumes double after mandate
European banks begin clearing in India, despite lack of an EU equivalency ruling
Paired delivery floated as options-clearing solution
A paired-delivery model proposed by CME has not been looked upon favourably by the US regulator, with further industry talks expected in July
Clearing costs creep up for clients
Some futures commission merchants are raising fees for clearing and collateral transformation services, buy-siders say
Eurex hopes to steal march on rival CME with FX launch
After delays, Eurex may launch FX futures and options by summer
HKEx soft launches clearing for interdealer NDFs
Hong Kong Exchanges and Clearing becomes the latest entity to launch clearing services for FX non-deliverable forwards
ForexClear launches client clearing for NDFs
LCH.Clearnet has launched buy-side clearing of NDFs on its ForexClear platform, a year after it gained approval from the UK Financial Services Authority