The LSEG-owned swap clearing house migrated contracts from LIBOR to SOFR in two tranches completed on 22 April and 20 May, representing a total US$43 trillion in aggregate notional
Mizuho’s Yoji Imafuku, LSEG’s Danny Maguire and Barclays’ Tyler Wellensiek join the International Swaps and Derivatives Association’s board of directors, with nine directors elected for a continuing term and a further four being reappointed to the bo
Sutton joined the Commodity Futures Trading Commission earlier this month, having previously been chief financial officer at the Drug Enforcement Agency
The Commodity Futures Trading Commission has fined Goldman Sachs for breaches around trade information, transparency and failing to meet business conduct standards required of swap dealers
BlueCrest Capital Management joins the LCH SwapAgent service, which is designed to simplify processing, margining and settlement of uncleared derivatives
Launching FTSE Bitcoin Index Futures is a “major milestone” for the exchange as Eurex seeks to offer safe and trusted access to cryptocurrencies in a regulated market environment
The news follows an announcement on 27 February that Eris SOFR swap futures will be eligible for portfolio margining with IRS cleared through CME Group, offering significant potential reduction in hedging costs
The Financial Stability Board finds that the commodities ecosystem was mainly able to absorb liquidity pressures with minimal disruption. But the system did creak on occasions, such as the LME decision to suspend nickel market trading
The US derivatives market watchdog indicated that it has been working with other financial regulators and impacted parties to understand how the cyber incident occurred and to ensure that other CFTC-regulated derivatives markets are not compromised
Industry associations have responded to the European Commission’s proposed changes to the European Market Infrastructure Regulation (EMIR) that aim to make clearing of derivatives products in the European Union more attractive
