Tag: Derivatives

Derivatives

BIS Report Sets Out Governance of Key OTC Derivatives Data Elements

A new report published by the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO), identifies key criteria, functions and bodies for the governance arrangements for a set of critical data elements for OTC derivative transactions reported to trade repositories, excluding the Unique Transaction Identifier (UTI) and the Unique […]

CME to Launch Bitcoin Options

CME Group has announced plans to launch options on its bitcoin futures contracts in Q1 2020, pending regulatory review. “Based on increasing client demand and robust growth in our bitcoin futures markets, we believe the launch of options will provide our clients with additional flexibility to trade and hedge their bitcoin price risk,” says Tim […]

HKEX Bids £31.6bn for LSEG

Hong Kong Exchanges and Clearing (HKEX) has made a proposal to the board of the London Stock Exchange Group (LSEG) to combine the two companies in a deal worth £31.6 billion. This deal would scupper the proposed $27 billion deal for LSEG to buy Refinitiv. “LSEG and HKEX are two of the world’s premier market […]

FIA Hires Byron

Don Byron has joined the Futures Industry Association (FIA) as head of global industry operations and execution. In this role, he will be responsible for developing and implementing industry solutions relating to clearing operations, execution technology, cybersecurity and market structure issues and will be the principal FIA liaison with the divisions and committees representing these […]

SocGen Begins Supporting Eurex FX Futures

Societe Generale (SG) is now supporting Eurex FX futures, from clearing to trading. SG’s clients will now be able to trade FX on Eurex, while any of the exchange’s clients will be able to execute bilaterally off-exchange against the bank or to move between OTC FX and listed FX using exchange for physical (EFP). Chris […]

New CFTC Chair Vows to “Hit the Ground Running”

As he begins his term today as the 14th chairman of the US Commodity Futures Trading Commission (CFTC), Heath Tarbert says that he intends to “hit the ground running”. “America’s futures, swaps, and options markets are the global standard. Their integrity is essential to the economic security of every American, particularly our farmers and ranchers. […]

FIA Advocates for Changes to Derivatives Reporting Rules

The Futures Industry Association (FIA) has published a new position paper that recommends a number of changes to how exchange traded derivatives (ETDs) are reported under European regulation. The FIA says in the paper that it fully supports the efforts by regulatory authorities to make the derivatives markets more transparent and safe, adding that the […]

LedgerX Gets Nod for Physically Settled Bitcoin Derivatives

The US Commodity Futures Trading Commission (CFTC) has approved LedgerX, a cryptocurrency trading venue, as a Designated Contract Market (DCM). This will allow LedgerX to offer bitcoin spot and physically settled derivatives contracts to retail clients, which it plans to do through its new platform, LedgerX Omni. Founded in 2014, LedgerX obtained approval to act […]

Not So Fast: A Look at Eurex’s New Latency Mechanism

Galen Stops takes a closer look at the new latency mechanism being introduced to FX and certain equity options products by Eurex, in a bid to improve the order book. Speed bumps seem to be the topic de jour in the listed derivatives markets just now, with the Intercontinental Exchange (ICE) winning approval to implement […]

BNY Mellon Adds Margin Calculation Tools

BNY Mellon has incorporated AcadiaSoft’s initial margin (IM) risk suite of tools for margin calculation, reconciliation and messaging into its collateral service offering. In conjunction with BNY Mellon’s existing bilateral margin capabilities from post-trade and settlement through to collateral segregation and ongoing position monitoring, the aim of this is to enable buy side clients trading […]