Day: August 16, 2016

CFTC Report Provides Little Clarity on Swaps Rules

The Commodity Futures Trading Commission (CFTC) has issued its final report on the de minimis threshold for swap dealer registration, yet it remains unclear whether the Commission will make changes to this threshold. The current de minimis threshold for swap dealer registration of $8 billion is scheduled to decrease to $3 billion in December 2017, […]

TrueEX Launches BRL Execution Tool

Interest rate swap trading platform TrueEx has added Brazilian real (BRL) interest rate swaps execution with clearing through CME, to its platform. The new offering allows BRL swaps traders to clear, execute new risk, terminate or compact positions and process their positions directly at CME, the company says in a statement. It also enables them […]

Northern Trusts Signs with Bex

Northern Trust has entered an exclusive partnership with execution services software provider Bex to develop customised FX software, including components used in Northern Trust’s electronic FX trading platform. The firms say Bex’s software “has enabled Northern Trust to drive further automation and support clients with customised trade execution and enhanced transparency and trading efficiency”. It […]