928 articles tagged with this keyword
News/Fixed income and OTC derivatives
Just days after US-based Depository Trust & Clearing Corporation outlined plans to launch a European trade repository, Euroclear-owned Xtrakter says it might develop its own.
08 July 2010
Nyse Euronext is partnering with trade reporting venue Markit Boat to drive an OTC data consolidation initiative designed to enhance post-MiFID market transparency.
01 July 2010
Nasdaq OMX has initiated a pilot project with SEB and the Swedish National Debt office to offer central counterparty clearing of interest rate swaps as a prelude to the creation of a full scale clearinghouse for IRS in Swedish kronor.
23 June 2010
BNY Mellon is creating a new company to clear futures and derivatives trades on behalf of its institutional clients.
22 June 2010
Broadridge Financial Solutions has acquired City Networks, a long-standing UK-based provider of reconciliation, multi-asset process automation and operational risk management software and services to the finance industry. Financial terms were not disclosed.
21 June 2010
Credit Suisse has introduced a new algorithmic trading platform, Onyx, for fixed income dealing direct with the bank's US Treasuries trading desk.
15 June 2010
BNY Mellon has launched an auction marketplace where fixed income securities buyers and sellers can transact anonymously in real time.
11 June 2010
The influential EU Economic and Monetary Affairs Committee has called for an outright ban on speculative trading in certain derivatives contracts and the imposition of higher capital requirements for firms handling contracts that are not cleared centrally.
03 June 2010
Spain's Bolsa Y Mercados Españoles (BME) has set back the launch of a planned OTC trade repository by six months until the end of the year. The project's cross-border aspirations have received a boost, however, with Clearstream banking announcing its support for the venture.
01 June 2010
Bank-backed inter-dealer broker Dealerweb plans to take on Icap and BGC partners with the launch of electronic trading of US Treasury bills, according to a report in BusinessWeek.
28 May 2010
The US Commodity Futures Trading Commission is to establish a technology advisory committee after admitting that it struggles to keep pace with technological advances and that it continues to use faxes and manual entry forms for reviewing trading account data.
20 May 2010
With the OTC derivatives market coming under increasing regulatory scrutiny, firms are looking to technology to help them improve transparency and efficiency, according to research conducted by TowerGroup for vendor SunGard.
13 April 2010
European clearing house LCH.Clearnet has launched a clearing service for credit default swaps with the support of four leading French dealers.
29 March 2010
The Depository Trust & Clearing Corporation (DTCC) says it will give regulators around the world unfettered access to credit default swap (CDS) data - including counterparty information - held at its warehouse.
24 March 2010
Hishaam Caramanli (formerly Mufti-Bey) has joined UBS as head of Global Securities - Client Facing Technology
12 March 2010
Interdealer broker Tullett Prebon is to expand its market data business into valuations services with the acquisition of Vancouver-based OTC Valuations for an initial consideration of $0.6 million.
05 March 2010
The Federal Reserve Bank of New York has welcomed commitments by 14 major dealers to ramp up efforts to cut risks and improve post-trade automation and transparency in the over-the-counter derivatives markets.
03 March 2010
The credit crisis and rise of electronic trading have led to a fundamental shift in the global foreign exchange market towards risk mitigation over the last couple of years, according to research from CME Group.
22 February 2010
Nasdaq OMX has upped its stake in Agora-X, an ECN for trading over-the-counter (OTC) commodity contracts, from 20% to 85% through a $6.6 million investment.
17 February 2010
The majority of financial institutions and corporations around the world agree that moving OTC derivatives trading to a system of centralised clearing would help manage risk but many market participants still harbour serious concerns about the prospect, according to a survey from Greenwich Associates.
04 February 2010
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