OTC derivatives markets
Dealers bullish on Bloomberg chat interface for FX markets
Service expanded its API offering to integrate broker chats into banks’ engines for cash FX pricing late last year
‘Dead’ derivatives market leaves big Russia dealers unhedged
VTB and Sberbank face directional exposure to local corporates after mass unwinds by foreign banks
Indonesia eyes netting changes to enable derivatives CCP
Central bank says legal amendments will pave way for locally cleared NDFs and interest rate swaps
Barracuda FX: technology spend will drive innovation in FX
A lot of technology spend in 2019 will focus on upgrading outdated processes, increasingly driven by the FX Global Code’s principles
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
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
Taifex adds sterling and Aussie futures
The GBP/USD contracts will trade in sizes of 20,000 and the AUD/USD futures in clips of 25,000
Esma: FX derivatives market worth €112.3 trillion in European Union
Accounting for 19% of transactions, FX is second-largest derivatives market in EU
BoE warns of potential disruption to clearing business for EU firms
Fragmentation of market-based finance could result in greater costs and risk for European Union and UK companies
Corporates should be forced onto central counterparties – BIS
Central counterparties are wrongly perceived as being more expensive than OTC transactions, says a leading economist.
EU derivatives experts suggest threshold system for corporates
Legislators at the European Commission moved a step closer to determining whether non-financial users of over-the-counter derivatives should be forced to clear trades through central counterparties (CCPs) – a possibility corporates have vehemently…
Clearing exemption too close to call
Exempting commercial hedgers from mandatory clearing could create a loophole for the institutional investors often blamed for driving up commodity prices, according to the chief lawyer for the Commodity Futures Trading Commission (CFTC), reports Risk.net.