TAIFEX has released a clearing facility for off-exchange derivatives, built largely in house, with 11 banks initially registered with the CCP as clearing members
The paper digitisation service will launch this month for FX options and equity swaps and from September for fixed income options, commodity swaps and non-deliverable forwards
Data from the most recent BIS OTC derivatives survey finds that initial margin posted by firms to leading CCPs contracted 2.2% YoY to US$323.4 billion at year-end 2021
Total initial margin collected by the 20 largest dealer firms rose to US$286 billion at the end of 2021, according to the latest ISDA Margin Survey, but IM posted to CCPs against IRD and CDS contracts dipped 2.2% YoY to US$323.4 billion
Spectrum Markets has expanded its product offering to include cryptocurrencies as an underlying market, with specific turbo warrants on Bitcoin and Ethereum
Historical data from CME Group will be available T+1 and will initially include data from its four designated contract markets, notably the Chicago Board of Trade, the Chicago Mercantile Exchange, Commodity Exchange and the New York Mercantile Exchan
Using a single ISDA Master Agreement will enable firms to expand netting sets, reduce credit risk and optimise collateral use, says the International Swaps and Derivatives Association
The Deutsche Börse-owned clearing entity confirms that Societe Generale and BNP Paribas are now offering cross-product margining services to clients and that the first large, multi-strategy hedge fund is now using of this facility
Russia-based Sinara Investment Bank has become a member of the International Swaps and Derivatives Association, a trade organisation of participants in the market for over-the-counter derivatives
Having custody and regulatory IM documentation available on the ISDA Create platform will bring efficiencies to the negotiation process and help Phase 6 firms to meet the September 2022 compliance date, ISDA says
The most significant causes of inefficiencies in derivatives post-trade reconciliation are lack of data standardisation, outdated software, and fragmented data sources, according to a new report by market intelligence firm Acuiti
O'Malia made the comment in ISDA’s publication, derivatiViews, in which he also detailed the purpose of the association’s new digital asset legal and documentation working group
