Tag: IRD

Risk-Free Rate Adoption Climbing, but Still Low

The latest monthly data from the ISDA-Clarus RFR Adoption Indicator suggests that while more contracts in the interest rate derivative space are linked to risk-free rates (RFRs), the portion is still largely in the minority. The indicator is intended to track how much global trading activity (as measured by DV01) is conducted in cleared OTC […]

Trad-X Adds Two to IRD CLOB

Interest rate derivative trading platform Trad-X has added UniСredit as a dealer and Actiam as a non-dealer to its dealer-to-client (D2C) electronic central limit order book (CLOB), highlighting, the firm claims, the growing momentum behind the model in Europe UniCredit will join existing dealers JP Morgan, BNP Paribas and Commerzbank in providing liquidity to non-dealers. […]

European Commission Opens “In Depth” Review of LSE/Refinitiv Deal

The European Commission (EC) has opened an in-depth investigation to assess the proposed $27 billion acquisition of Refinitiv by the London Stock Exchange Group (LSEG) under European Union Merger Regulation. The Commission says it is concerned that the proposed acquisition may reduce competition in trading and clearing of various financial instruments and in financial data […]

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