LCH
Against the tide: why Kiwi banks want to be clearing members
Rising fees and absence of leverage ratio cause some New Zealand banks to consider direct clearing
People: Societe Generale loses two senior markets execs
Fields and Escoffier depart SG; Deutsche hires Citi EQD head; Nicola White joins Citadel
Aussie market clearing well ahead of April mandate
Largest onshore derivatives dealers already caught by US and European rules
LCH-JSCC basis rockets for cleared yen swaps
Cost of receive-fixed swaps at JSCC jumps fivefold in a week
LCH and dealers clash over loss allocations
Isda AGM: CCP equity should not be spared, say clearing members
US end-users risk tax hit in move to daily settled swaps
Changing treatment of variation margin could benefit banks, but hurt clients
LME Clear ‘welcomes scrutiny’ of CCP risk management
Oversight from clearing members is good for central counterparties, says LME Clear CEO
Accounting puts brake on move to daily settled swaps
New margin approach threatens hedge accounting status, could hurt effectiveness
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
Clearing house of the year: LCH.Clearnet
Basis explosion – and client surge – vindicate UK CCP's strategy
Singapore rates benchmark error causes CCP split
Refixing in March led to price difference between LCH and SGX
US regulators told to expect VM status change
Fed, FDIC and OCC told daily settlement of swaps will cut required capital
NAB pushed into clearing role by Clydesdale spin-off
Both parties felt it might be difficult for the UK bank to find a clearing provider alone
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
Eurex and LCH reject one-day margin regime for futures
Decision on whether to copy US rules still in the balance, says Esma
Esma adds new board members, and other recent job news
Lourdes Centeno and Elisabeth Roegele join EU financial regulator
LCH.Clearnet considering repo lines to pension funds
CCP talking to pension funds about becoming direct repo counterparty
Deutsche Bank loses Fan ahead of investment banking overhaul
Deutsche's Fan exits; Credit Suisse investment banking co-head retires; Sweden's prudential regulator hires new director general
Fed support high on wish list for buy-side repo clearing
Risk USA panellists want liquidity support for planned new services
CCP stress tests could help buy side pick winners
BlackRock exec calls for standardised test before European clearing starts
CCP basis driving CME clients to LCH, traders say
LCH sees doubling in client notional, while CME notional halves
CCPs confront cleared swap basis threat
From Japan to Mexico, CCPs are trying to avoid repeat of CME-LCH price disparity
CCP basis and the future of cleared swap pricing
Dealers predict "more granular" pricing for cleared trades, after CME-LCH basis blow-out