OTC derivatives
Capitolis signs data deal with CLS
FX optimisation service to use settlement utility’s data to help boost efficiency
Ex-Isda risk chief: ditch gross notional thresholds for clearing
10 years on, David Murphy says mandate should be rebased to exempt less risky firms
Euronext launches NDF trading in Singapore
Platform’s move brings spot-style execution methods to the non-deliverable market
Indonesia eyes netting changes to enable derivatives CCP
Central bank says legal amendments will pave way for locally cleared NDFs and interest rate swaps
Best Bank Awards: ABN Amro
ABN Amro wins Best prime-of-prime house at the 2019 FX Week Best Bank Awards
Singapore Exchange enlists its first Middle Eastern trading member
Abu Dhabi-based Aarna Capital has signed on with Singapore Exchange
FastMatch sets up matching engine in Singapore
The ECN looks to diversify its product and client base by plugging into the city-state’s FX infrastructure effort
FX Link pulls futures-shy banks into the fray, says CME
Since its 2018 launch, CME says the product has attracted some Tier 2 banks to FX futures
EU lawmakers fail to deliver on single-sided reporting
But there is still hope for EU swaps users in future Emir reviews
Esma withdraws Bloomberg’s trade repository registration
Bloomberg clients have already been transferred to a repository of their choice
MarkitServ launches cloud-based post-trade processing platform
The firm looks to migrate FX options and spot to TradeServ in 2019
Outstanding OTC FX derivatives notional at all-time high – BIS
Clearing of FX contracts and gross market value of over-the-counter FX rises in H1 2018
CME to retire Nex, revives EBS as sub-brand
The deal between the two firms will go ahead after full regulatory approval in all jurisdictions
Birchall joins LCH as head of Asia-Pacific
Kate Birchall fills the vacancy left by Marcus Robinson, who has taken a role at the clearing house in London
CME shifts FX options expirations in step with OTC
Latest move by exchange to make FX offering more harmonised and engaged with over-the-counter space
SGX’s Lam in bid to bring together two worlds
SGX set to launch FlexC FX Futures in August, with the aim of combining the best that OTC and futures have to offer
MarkitServ connects to Asigna for clearing Mexican peso
New connection enables a standardised workflow and connectivity for clearing Mexican peso TIIE 28 swaps
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
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
CME launches analytics tool with Kalahari
Shows pricing of CME FX futures compared with OTC prices; can be broken down into spot, forwards and swaps
MarkitServ rolls out workflow automation for cross-currency swaps
Enhanced service launched in conjunction with CLS and LCH