Month: December 2013

Confusion Leads to NDF Drain

Galen Stops reports on how the introduction of SEFs has impacted the NDF market.  Footnote 88 caught many market participants off guard as it included a range of new products that had to be traded on Swap Execution Facilities (SEFs), including FX options and NDFs. The reason why this surprised so many people was that […]

TradingScreen Unveils RiskHub

TradingScreen has launched RiskHub, which it says will help Futures Commissions Merchants provide real-time credit checks to comply with Title VII of the Dodd-Frank Act. Under Title VII, most swaps are subject to mandatory clearing, and FCMs have one minute to perform real-time credit checks before their customers’ trades are accepted for clearing by one […]

ISDA Adds EMIR Tool

A new tool has been added to ISDA Amend in a bid to facilitate compliance with new regulatory requirements such as those being introduced under the European Market Infrastructure Regulation (EMIR). The EMIR Counterparty Classification Tool is available on the online service offered by the International Swaps and Derivatives Association (ISDA) and Markit. The British Bankers’ Association […]

SuperD Unveils DGX Direct

SuperDerivatives has extended its market data offering with the launch of DGX Direct, a real-time data feed that streams directly into customers’ systems. The new service will stream real-time, snapshot and end-of-day data for all cash and derivatives instruments in all markets, including all curves (forwards, interest rates, OIS, inflation, credit, dividends) and volatility surfaces […]

FXSpotStream Adds Precious Metals

Multi-bank aggregation service FXSpotStream, has expanded its service to include the streaming of spot precious metals. Existing liquidity providers to FXSpotStream are now able to stream spot FX and spot precious metals prices using the same existing connection. “As we approach the two year anniversary of the company’s formation we have seen the business mature […]