Intercontinental Exchange (Ice)
Exchange of the year: Ice
It took Ice six years to find a way into the interest rate futures market. Its arrival - via the $8.2 billion acquisition of NYSE Euronext - will intensify competition in over-the-counter derivatives clearing
Oil market faces tight deadline for Ice Brent protocol
As Ice prepares to shift Brent expiry calendar on December 6, Isda releases protocol to enable orderly transition of OTC market
Revived Dodd-Frank position limits worry energy firms
The US Commodity Futures Trading Commission is gearing up for another big fight over position limits, after its original rule was rejected by a federal court. The agency’s latest proposal, released in November, gives market participants little reason for…
Ice Brent changes prove a hard pill to swallow
Ice says a plan to shift the expiry dates of futures and options on Brent crude oil is an important fix that will tighten the link between the physical and futures markets. However, carrying out the necessary changes could be painful for market…
Ice bows to pressure on Brent contract changes
Exchange delays plan to shift expiry calendar for Brent crude oil futures and options after firms complain they need more time to prepare
Brent options trading disrupted by Ice expiry date shift
Proposals to ensure convergence between futures and physical Brent cause firms to avoid trading long-dated options
Critics assail industry-sponsored study on HFT
Critics say industry-sponsored study into impact of high-frequency trading in futures markets is flawed
Liquidity improves in Canadian heavy oil derivatives
Trading in derivatives linked to Western Canadian Select (WCS) heavy crude oil has jumped in the past few years, giving the country's producers improved opportunities to hedge. But the lack of a unified WCS price index has made it difficult for liquidity…
Exchanges plan futures in response to RIN price surge
Exchanges plan futures in response to RIN price surge
Swap futures margins may be underestimating risk exposures
A difference in margin approach between swaps and futures may mean the latter are not assessed on their level of riskiness
SEC's last-minute CDS margin fix sparks buy-side anger
Stop-gap margin solution would force most firms to post twice as much collateral as CCP members
Futurisation worries end-users of OTC energy derivatives
The right tools for the job?
Brokers lift the lid on swaps-to-futures confusion at Ice
When swaps become futures
Ice-NYSE Euronext: Good or bad for margin offsets?
Merger margins
Futurisation forces hundreds of traders to sit exams
Swaps-to-futures switch at Ice – plus hedge fund regulatory changes – behind threefold jump in numbers taking futures trading exam
LNG derivatives suffer from lack of liquidity
In need of liquidity
Ice move from swaps to futures unlikely to be last, says O’Malia
The decision by Ice to speed up the transition of its cleared OTC energy contracts to futures reflects regulatory uncertainty, and is likely to be replicated by other exchanges, says CFTC commissioner
Eurex looking to clear OTC derivatives from Asian clients within 12 months
Eurex is latest clearing house to enter Asian market
LCH.Clearnet model ‘not appropriate’ for Australian market, say two domestic banks
Two Australian banks speaking at Risk & Return Australia are critical of LCH.Clearnet for not meeting local market needs with its central clearing operation
Asia exotic commodity derivatives use to fall further on Ice initiative
Exotic commodity derivatives will become even less attractive to the Asian market following Ice's move to transform swaps to futures
Attempts at CDS portfolio margining in regulatory limbo
Dealers worry about the impact on liquidity unless single-name and index trades can be margined together
CCP recovery and resolution: New tools, but no rules
Apocalypse never?
A fragmented market with unfinished rules – but reporting deadline looms
All together now?