CME Group, the global derivatives exchange, and marketplace, today announced it has cleared two new swap currencies: the Indian Rupee (INR) Overnight Index Swaps (OIS) and Korean Won (KRW) Interest Rate Swaps (IRS). With these two new additional currencies, CME Group now offers 21 clearable OTC IRS currencies. Sean Tully, Senior Managing Director of Financial…
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KfW expands its business relationship with Eurex Clearing AG, starting central clearing of its Euro denominated interest rate swaps via Eurex Clearing in Frankfurt. Central clearing of derivatives transactions significantly increases the safety and stability of the financial system. Central Counterparties calculate risks in real-time and demand adequate collat-eral. Moreover, they guarantee settlement of transactions.…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced that it cleared a record 1 trillion in Mexican peso (MXN) interest rate swaps in a single day, January 12, 2017, an equivalent of more than $47 billion in notional value. January 12 cleared notional surpassed the previous record of MXN 659 billion ($32 billion) set…
Read moreCME Group (NASDAQ: CME), the world's leading and most diverse derivatives marketplace, announced that Chicago Mercantile Exchange Inc. (CME) has been formally granted the status of Foreign Clearing Organisation (FCO) by the Prime Minister of Japan on 1 June 2016. With this FCO status, the clearing house division of CME, CME Clearing, is now able to clear non-Yen interest rate swaps on behalf…
Read moretrueEX, the first exchange approved by the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market (DCM) for swaps has created another industry innovation with the execution of the first dealer to client Mexican peso (MXN) interest rate swaps trades on its award-winning platform. Societe Generale Corporate and Investment Bank (SGCIB), and undisclosed institutional investors…
Read moreEurex Clearing announced the offering of a new incentive programme called “Expand Liquidity” which grants fee incentives to all Clearing Members and Registered Customers for their OTC Interest Rate Swap business. The new incentive programme “Expand Liquidity” follows the recently expired incentive programmes “EMIR Readiness” and “On-boarding incentive programme” which offered a fee discount resp.…
Read moreTradeweb granted ETP licence by Japan's Financial Services Agency
Read moreIf deal is completed, ASX’s stake will be non-controlling and Yieldbroker will remain independently managed.
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