Tag: OTC derivatives

NEX Regulatory Reporting launches Australian regulatory derivative reporting solution
September 13, 2018 BY Valentina Kirilova

NEX Regulatory Reporting launches Australian regulatory derivative reporting solution

NEX Regulatory Reporting, a NEX Group (LON:NXG) business which provides regulatory reporting services across global regimes, has announced today that it has launched a new solution for derivatives transaction and position reporting under ASIC’s (Australian Securities and Investments Commission) OTC derivatives trade reporting requirements. The ASIC solution expands NEX Regulatory Reporting’s global reporting coverage and…

Read more
AcadiaSoft launches sensitivities calculation services
July 11, 2018 BY Valentina Kirilova

AcadiaSoft launches a new hub service for OTC Derivatives

AcadiaSoft, Inc., the industry provider of margin automation solutions for counterparties engaged in collateral management worldwide, today announced a new initiative, Agreement Manager, which will create an industry-wide, authoritative data store of legal and operational collateral agreement information for OTC Derivatives. A new AcadiaSoft Hub service, Agreement Manager, will match, store and exchange new and…

Read more
June 19, 2018 BY Valentina Kirilova

SFC proposes margin requirements for non-centrally cleared OTC derivatives

The Hong Kong Securities and Futures Commission (SFC) has today launched a two-month consultation on proposals to impose margin requirements for non-centrally cleared over-the-counter (OTC) derivatives. Under the proposals, a licensed corporation which is a contracting party to a non-centrally cleared OTC derivative transaction entered into with an authorised institution, a licensed corporation or another…

Read more
May 02, 2018 BY Valentina Kirilova

MAS requires OTC derivatives to be centrally cleared to mitigate systemic risk

The Monetary Authority of Singapore (MAS) announced that it will introduce regulations to require over-the-counter (OTC) derivatives to be cleared on central counterparties (CCPs), with effect from 1 October 2018. Central clearing will make the trading of OTC derivatives in Singapore safer as it mitigates counterparty credit risks inherent in these trades. The mandatory clearing…

Read more
February 21, 2018 BY Valentina Kirilova

MAS consults on regulations to require OTC derivatives to be traded on organised markets

The Monetary Authority of Singapore (MAS) issued for consultation today proposed regulations to require the trading of over-the-counter (OTC) derivatives on organised markets, to help improve market transparency. This requirement will complete MAS’ implementation of the G20 OTC derivatives reforms. MAS proposes to impose obligations for the most globally-traded OTC derivatives, namely interest rate swaps…

Read more
Hong Kong SFC
April 27, 2017 BY Valentina Kirilova

SFC issues a joint HKMA-SFC consultation on the OTC derivatives regulatory regime

The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) today issued a joint consultation on the prescription of additional markets and clearing houses, and the prescription of Delta One Warrants, for the purpose of the over-the-counter (OTC) derivatives regulatory regime. This consultation is in response to a recent request from market…

Read more
October 24, 2016 BY Mike Fox

TriOptima and SwapClear include first client-cleared trades in triReduce swap compression

TriOptima, a leading provider of OTC derivatives post-trade risk management services and infrastructure, announces today that the first client-cleared trades were included in the most recent SwapClear compression cycle for Canadian Dollar (CAD) interest rate swaps. The entire CAD cycle had 18 participants who eliminated $1.38 trillion CAD (US$ 1.05) in notional principal. Client-cleared trades…

Read more
September 27, 2016 BY Valentina Kirilova

Thomson Reuters and Clifford Chance team up to deliver OTC derivatives documentation solutions

Business information giant Thomson Reuters Corp (NYSE:TRI) and Clifford Chance law firm have joined forces to help global financial institutions tackle in a timely, efficient and more cost-effective manner their most pressing regulatory obligations relating to margin rules for uncleared over-the-counter (OTC) derivatives. Pressure on both buy-side and sell-side financial institutions is growing as new regulatory…

Read more
March 31, 2016 BY Mike Fox

ESMA fines DTCC Derivatives Repository Limited €64,000 for data access failures

The European Securities and Markets Authority (ESMA) today has fined the trade repository DTCC Derivatives Repository Limited (DDRL) €64,000, and issued a public notice, for negligently failing to put in place systems capable of providing regulators with direct and immediate access to derivatives trading data. This is a key requirement under the European Markets and…

Read more