Clearing and settlement
Navigating the T+1 implications for FX traders
This FX Markets webinar provides actionable insights for industry professionals navigating the implications of T+1 across their settlement workflows and FX trading operations
ECB signals tougher stance on FX settlement risk
Trader penalties and client exposure limits suggested in new central bank guidance
Banks offer crypto clearing but, shhh, don’t tell
Top dealers clear crypto futures for select clients despite smorgasbord of risks
Goldman signs up as NDF client clearer at LCH
US bank expecting jump in cleared trades when initial margin rules hit buy side
FX swaps clearing redux
SA-CCR could unleash the potential of clearing, and may ignite some big changes
Baton rounds out funding with $4m Illuminate investment
DLT firm plans Asia expansion due to demand for delivery of assets in Asian and non-CLS settled currencies
Clearing to become cheaper alternative to PB for most clients
IDX panel says it’s doubtful FX will ever see a clearing mandate
LCH adds five currencies to non-deliverable swaps offering
Expansion in response to customer demand in Asia and Latin America
Nomura’s asset manager extends CLSSettlement to Japanese funds
First local asset manager to provide access in sign of success for buy-side adoption push
FX Link adds two more currency pairs
CME now offers spot FX basis spreads for eight pairs versus futures
CME clears FX cash-settled forwards for first time
Service debuts in January with two EUR/USD trades
Traiana offers USD/CNH and USD/HKD clearing via HKEX’s OTC Clear
The deliverable contracts are forwarded to the Hong Kong Exchange via Traiana’s clearing hub CCP Connect
Two banks sign up for ForexClear compression
New service brings greater capital and operational efficiency to FX market participants
SGX is launching FX futures solution
New feature lets market participants trade customisable FX futures contracts in an OTC fashion
MarkitServ connects to Asigna for clearing Mexican peso
New connection enables a standardised workflow and connectivity for clearing Mexican peso TIIE 28 swaps
CME and LCH bet on FX options clearing
CME’s cash-settled FX options-clearing solution will vie for dominance with LCH’s deliverable clearing product
OTC derivatives values fall to 10-year low – BIS
The most recent slump continues the retreat from gains witnessed in the first half of 2016
BoE to authorise EU CCPs ‘at 00:01’ on Brexit day
Central bank hopes plan to preserve access for EU CCPs will be reciprocated
New records for LCH volumes in 2017
Strong growth driven by roll-out of new products, regulatory change and onboarding of new customers globally
ForexClear prints new record, clearing more than $100bn in one day
And recently launched G10 NDF service clears over $700m in a month
LCH SwapAgent processes first cross-currency basis swap
It is the first non-cleared trade to be transacted as LCH STM, SwapAgent’s settlement-to-market legal and operational framework