Tag: benchmarks

benchmarks

In the FICC of It

In this week’s podcast Colin Lambert gets his teeth into one of his favourite subjects – spoofing – and, as usual, has some theories about lessons that can be learned elsewhere. Ahead of Forex Network Chicago later this week, however, which will kick off by a panel looking at the FX swaps market structure, the […]

New Change FX Unveils FX Swap Benchmarks, Indices

New Change FX (NCFX) has launched what it says are the world’s first live streaming benchmarks for FX forwards, the calculation of which has enabled the firm to simultaneously launch a set of currency beta indices that are designed to enable structured products to be created which offer asset managers an alternative to taking FX […]

TraditionData Adds Ameribor to Benchmark Data Sets

TraditionData the data arm of inter-dealer broker Compagnie Financière Tradition, says it has added the Ameribor interest rate benchmark as one of its dollar alternative reference rates (ARRs). Ameribor is a new credit-sensitive benchmark created by the American Financial Exchange and TraditionData will publish spreads between it and the Secured Overnight Financing Rate (SOFR) and […]

In the FICC of It

In this week’s podcast, Colin Lambert casts his eye over a new challenge facing Refinitiv Benchmarks over the London 4pm Fix – something he confesses to not have even considered in the past, and then gives his thoughts on a small, but potentially important change at CME Group on its FX Link service. He is […]

WM/R at Heart of Singapore Concerns over LSEG, Refintiv Merger

Singapore’s Competition and Consumer Commission (CCCS) says it wants a full, in-depth review of the proposed takeover of Refinitiv by London Stock Exchange Group (LSEG), citing in particular the dominant position of the WM/R FX benchmark as a concern going forward. Based upon information supplied by the parties, the CCCS says it has raised competition […]

In the FICC of It

This week’s podcast features Colin Lambert and Julie Ros taking a look at the week’s event, along with a bit of inter-office banter. Lambert kicks off by asking a question of Ros and the audience and, when he eventually gives the answer later in the podcast, the latter is quick to claim she was going […]

FCA Launches Review into Wholesale Market Data Services

The UK’s Financial Conduct Authority (FCA) has begun a review into the use and value of data and advanced analytics in wholesale financial markets, both now and in the future. The review comes in the form of a Call for Input (CFI) and will look at three specific areas – trading data, benchmarks and market […]

In the FICC of It

On this week’s podcast Colin Lambert casts his eye over the week’s news, before he is joined by Matthew Kulkin, partner at US law firm Steptoe, and former director of the CFTC’s Division of Swap Dealer and Intermediary Oversight, to discuss all matters regulatory. Lambert is pleased to find out that one of his observations […]

P&L Talk Series with Raidne’s Jamie Walton

With increased interest in financial benchmarks generally, Colin Lambert talks to Jamie Walton, co-founder of Raidne, about Siren, a new FX benchmark that seeks to make things fairer for both buy and sell side. Colin Lambert: What is Siren? Jamie Walton: It’s an idea we had after a meeting with the Bank of England in […]

Eurex Begins Clearing Euro Short-Term Rate Swaps

Eurex Clearing has cleared its first euro short-term rate (€STR) swap trades. The clearing house claims that this represents an important milestone in both the establishment of €STR as the new benchmark risk-free rate, and in expanding Eurex’s EUR-denominated product offering. BNP Paribas, Citi, Deutsche Bank, JP Morgan, Landesbank Baden-Württemberg (LLBW), Morgan Stanley, Nordea and […]