Citi has launched hedge fund middle office services, a suite of solutions for hedge fund managers that aims to improve efficiency and allow managers to focus on optimizing investment de
BNP Paribas and Morgan Stanley have joined EurexOTC Clear for Interest Rate Swaps (IRS), Eurex Clearing’s central counterparty service for OTC derivatives, increasing the total number of clearing members to 32. “Joining EurexOTC Clear is a major element of our
More and more traders are discovering the capital savings they can receive by trading Swap Spreads using a CME-cleared Interest Rate Swap and CME Treasury Futures – a popular example of this is the "Invoice Swap" or "Invoice Spread". These
The European Securities and Markets Authority (ESMA) has approved DTCC’s Derivatives Repository Limited (DDRL) to operate a multi-asset class derivatives repository in Europe. Located in London, with a data centre in The Netherlands, DTCC’s European trade repository will support trade
The global trading industry has begun implementation of the guidelines set down by the FIX Trading Community to reduce operational risk and enable more efficient set up of clients on OTC electronic trading platforms. The Trading Enablement Standardisation Initiative (TESI),
FIX Trading Community, the non-profit financial trading standards body, has extended the Trading Enablement Standard Initiative (TESI) to include foreign exchange (FX) client enablement. TESI uses FIX protocols to achieve more efficient and standardised communication for trading enablements. Last
NYSE Technologies and Americas Trading Group (ATG) have launched their high-performance order routing and market-data platform offering the global trading community low-latency access to the key trading venues in Latin America. Leveraging NYSE Technologies’ Secure Financial Transaction Infrastructure (SFTI), the
Euronext is reducing client trading fees for transactions in Dutch individual equity and index options. Fees for all retail investor transactions will be reduced from EUR0.40 cents to EUR0.31 cents as of 1 October, a reduction of almost 25 per
The first interdealer non deliverable forward (NDF) trade has been delivered to LCH.Clearnet’s ForexClear service through the recently established link with Traiana’s Harmony CCP Connect. The trade was a USD/KRW NDF with HSBC as one of the trading parties.
The Depository Trust & Clearing Corporation (DTCC) has begun publishing public information on over-the-counter (OTC) interest rates trades. The interest rate data join public data on OTC credit derivatives that are provided on DTCC’s web site. Interest rates make up
