Tag: IRS

The Crypto Taxman is coming – Are you ready for him?
August 16, 2019 BY Mariela Naydenova

IRS warns crypto investors again - trouble ahead

The IRS has already sent a letter of warning to cryptocurrency investors to properly claim their "digital assets" and pay the respective taxes. Now, only after a few months after the first warning, the second one is in. This time, however, the letter is received by some crypto investors whose federal tax returns do not…

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July 19, 2017 BY admin

CME announces 1st cleared Korean Won & Indian Rupee interest rate swaps

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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June 02, 2016 BY Mike Fox

CME Group granted license to clear non-Yen interest Rate swaps in Japan

CME 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…

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January 19, 2016 BY Mike Fox

EurexOTC Clear offers new incentive programme “Expand Liquidity”

Eurex 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.…

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