The clearing house LCH has just announced that the investment bank of Intesa Sanpaolo Group, Banca IMI, has joined its CDSClear service. Banca IMI will now have access to clearing of credit derivatives referencing both Single Names and Indices, and is the first Italian member to join the clearing service. Banca IMI is already a…
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LCH, a global clearing house, has announced that J.P. Morgan has gone live as CDSClear’s first US bank to offer client clearing. As a result, Swedish pension fund AMF is now clearing European and US credit default swaps through CDSClear, using J.P. Morgan Securities Plc as its clearing broker. This development is the latest achievement…
Read moreThe People's Bank of China (PBOC), China’s central bank announced today it authorized Bank of China's (BOC's) New York branch to provide Renminbi (RMB) clearing services in the United States. It is the first time for China to set up an RMB clearing bank in the United States. The decision was made according to a…
Read moreMoscow Exchange announces the next release of the MOEX FX market trading and clearing system is scheduled to go live on 30 May 2016. Besides the implementation of market projects the new version of the system has undergone significant architectural changes. These changes improve the system performance and represent the significant step in the development…
Read moreOTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx) that provides clearing services for over-the-counter, or OTC, derivatives, has welcomed Citigroup Inc (NYSE:C) as its first Clearing Member from the United States. "We are pleased to admit Citi as our first US Clearing Member following our receipt of No Action…
Read moreEurex, one of the world's leading derivatives exchanges with offices stretching from Chicago to Frankfurt to Singapore let it be known today that it had started offering its Trade Entry Services (TES) for customers based in the U.S. as of November 16th. Eurex’s TES enable trading participants to enter off-book transactions into the Eurex system,…
Read moreThe ISDA EMIR Classification Letter allows counterparties to bilaterally communicate their status by answering a series of questions.
Read moreRussia's National Settlement Depository (NSD) and China Central Depository and Clearing Co., Ltd. (CCDC) have agreed to cooperate in the sphere of depository and settlement operations.
Read moreAs Lee Betsill prepares to return to Chicago as Managing Director of Global Clearing Operations, CME promotes COO Tina Hasenpusch to CEO at the group's European clearing operations
Read moreBATS has enhanced BXTR, its market-leading trade reporting facility, by expanding its Exchange Trade Reporting (ETR) services to enable the cash basket of the EFP to be traded on-exchange
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