CME Group
Mac swaps, swap futures face new tax threat
Isda urges US tax officials to postpone rule treating certain payments as loans
SDR battle between CME and DTCC heralds huge cost savings
Firms reporting more than 50,000 open swap positions could save $1 million a year at CME
US end-users risk tax hit in move to daily settled swaps
Changing treatment of variation margin could benefit banks, but hurt clients
People: New Asia-Pacific legal head for CME
Nikko Asset Management's new risk chief; Credit Suisse hires in Asia; Listorti leaves ANZ
CME set to launch swaptions clearing in Q2
Uncleared margin rules the driver; may also impact CME-LCH basis
SDRs urge CFTC for more help on data harmonisation
Regulator’s swap data woes are “absolutely solvable”, SDR chiefs say
Goldman Sachs’ Frankel departs
Veteran derivatives markets exec says he may continue work on risk and margin projects
EU-US clearing deal ‘good enough’ to avoid CME exodus
Banks had planned to quit US clearer on February 21
EU banks plan to flee CME when key Emir date arrives
CCP oversight stand-off leaves banks in a bind as Feb 21 frontloading deadline nears
Exchange of the year: CME Group
Chicago exchange found fixes for five-year issuance gap in US Treasury bonds
US regulators told to expect VM status change
Fed, FDIC and OCC told daily settlement of swaps will cut required capital
Collateral or settlement: capital cut rests on role of VM
Questions about status of variation margin are more than semantics
Swaps CCPs hope to slash capital via margin change
Treating margin as settlement could cut leverage – CME, Eurex, Ice, LCH.Clearnet all seeking approval
EU members of US options CCP face $30bn capital hit
OCC fears approval will be held up by absence of SEC clearing rules
Europe edges closer to final Emir clearing timeline
Deadline could arrive in mid-June; pressure to resolve EU-US dispute grows
Omnibus accounts in favour despite higher capital charges
Operational complexity in Europe and low volumes in Asia are deterring buy-side clearers from ISAs
Isda escapes CDS case pledge to help CFTC
Association still faces licensing overhaul as part of pending settlement
Fed support high on wish list for buy-side repo clearing
Risk USA panellists want liquidity support for planned new services
Swap futures face loss of capital edge
SA-CCR likely to treat swaps and swap futures equally, says Barclays' Kahn
Clearing houses reject standardised 'skin in the game'
Overly punitive requirements on CCPs could skew incentives
Asia exchange of the year: DME
New features boost trading of flagship Oman crude contract
Expected delay to non-EU CCP approval risks frontloading panic
Lawyers fear scramble to close out trades
CCP stress tests could help buy side pick winners
BlackRock exec calls for standardised test before European clearing starts
CME guaranty fund cut could lure new clearing members
Regional banks and prop shops eye direct membership, but FCMs see few benefits