MarkitSERV
Industry split over running of new derivatives IDs
Funds object to Isda proposal, arguing it would leave ‘control’ of UPIs with incumbents
trueEX granted injunction in MarkitSERV case
Court decision means derivatives trading venue can stay open for at least another nine months
Buy side backs trueEX in tussle with Markit
Asset managers worry legal dispute could force trueEX out of business
Welcome to the new Isda – more ambitious than the old one
Swaps body announces aim to expand its role from legal contracts to data and process at annual gathering
‘Standstill’ agreement gives trueEX a lifeline
Temporary deal allows start-up Sef to continue operations until at least July 29
trueEX sues Markit over threat to withdraw service
Sef claims it would be forced out of business if it loses access to MarkitSERV
Banks test blockchain potential for real-time market surveillance
Regulators can monitor a million active trades and hundreds of messages per second in swap test
Barclays taps blockchain for equity swaps, options, swaptions
Regulatory capital savings offered by instant settlement of smart contracts on distributed ledgers
CFTC proposal to expand swap data reporting criticised
Increasing the number of reporting fields ‘doesn’t necessarily add a ton of value’, market participants argue
Australia dealers face Sef time zone issues
CFTC rule poses clearing challenges for dealers whose markets close before clearing operations in London open
Clearing certainty: Hubs hit heavy weather
Unclear over clearing hubs
Hubs will not fix clearing certainty issue, critics claim
Rival services from Markit and Traiana are gaining support, but detractors claim the hubs could be made redundant by CCP credit checks
Markit and Traiana prepare for clearing hub showdown
Two firms now testing central credit-checking service
OTC infrastructure service of the year: MarkitServ
Risk awards 2013
MarkitServ and Traiana vie to build clearing utilities
Middleware firms set to compete in creation of credit-checking hub - but critics say rival utilities would undermine the service
Clearing certainty
In depth: clearing certainty introduction
Push, ping or hub: industry tackles risk of clearing fails
Push, ping or hub
Lifetime achievement award: Lance Uggla
Risk awards 2012
Middleware vendors face turf war with Sefs
Cutting out the middleware?