LCH
Rise in CCPs may spur collateral fragmentation
Currency controls
ASX to use cross-margining efficiencies in battle for Australia clearing market
Australian domestic clearing house hoping to use lower margin costs as a means to win market share
Ice-NYSE Euronext: Good or bad for margin offsets?
Merger margins
US firms returning to iron ore derivatives after SGX and CFTC clear regulatory obstacles
The CFTC’s no-action relief letter issued late last year and SGX’s upcoming iron ore futures contract have ended uncertainty and brought back hesitant market participants
Central clearing: what obstacles remain for Asia?
Despite the deadline for introducing central clearing already passing, a number of questions are unanswered. Leading figures from around the region voice their concerns
Lack of clarity over clearing provides problems for Asia banks
The deadline set by the G-20 to clear all standardised OTC derivatives has passed but a lack of regulatory clarity over the shape of reform is hampering banks in the region
BoE will consult dealers over CCP risk standards
The Bank of England will listen to the views of the dealer community and other participants on CCP risk standards, says Schooling Latter
Four of five largest Australian banks look to clear with LCH
LCH.Clearnet makes inroads into the domestic Australian market with its SwapClear service
Member revolt forces SwapClear to revamp margin model
CCP is not collecting enough collateral, member firms say. New model is being reviewed by FSA
Lack of certainty over OTC clearing location a problem for Asia asset managers
Asset managers in Asia are being hindered in preparing for OTC clearing by a lack of clarity over location
Clearing members fear $5 billion intra-day funding burden
The intra-day funding burden
Unclear on clearing in Germany
Unclear on clearing
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
LCH readies launch of new NDF pairs and client clearing
Five months after launch, ForexClear is ready to start offering client clearing and to add five new currencies to the service, pending the approval of the FSA and the CFTC
People: Three axed over JP Morgan trading losses
CIO traders leave JP Morgan - the bank also creates new division, reshuffling top management; Deutsche hires Houari from Barclays; deputy fixed-income head leaves Nomura; new hedge fund hires top quant; Citi boost credit sales and trading
Risk 25 firms of the future: State Street
Taking on the Street
Risk 25 firms of the future: Newedge
'Fair and unconflicted' but under pressure
Risk 25 firms of the future: LCH.Clearnet
Open to acquisitions
Risk 25 firms of the future: NYPC
One pot, three CCPs
Risk 25 firms of the future: DTCC
Ready for the horizontal-versus-vertical fight
CCPs wary of covered bonds despite Esma proposal
LCH.Clearnet and Eurex will not accept own-name covered bonds as collateral, despite green light from Esma
CCP recovery and resolution: New tools, but no rules
Apocalypse never?
Banks hope for CCP capital concessions at Basel meeting
Banks and CCPs are pressing for changes to method of calculating default fund capital