CME partners with real-time bank transfer platform
The CME Group is partnering with Dwolla, a start-up bank transfer platform in Des Moines, to facilitate real-time margin calls and payments.
Derivatives
Citi clears first buy-side inflation swap
Citi group has announced the completion of the first centrally cleared inflation swap for a European buy-side client.
ICE snaps Interactive Data for over $5bn
Intercontinental Exchange (ICE) has continued its recent string of acquisitions by securing the purchase of Interactive Data Corporation (IDC) in a deal worth $5.2 billion.
Sibos 2015: Buy-side urged to prepare for a centrally cleared environment
The buy-side should be securing clearing brokers and getting their collateral management processes in place before it’s too late, according to panelists at this year’s Sibos event in Singapore.
Standards primed to tackle collateral challenge
Higher levels of automation and standardisation are needed to support streamlined collateral flows.
LME warns on commodity derivative position limits
The limited hedging exemptions for commodity derivatives users contained within the Markets in Financial Instruments Directive II could result in financial institutions incurring more un-hedged risk or hedging contracts outside of the European Union, it has been warned.
Could the Blockchain solve the collateral conundrum?
As the financial industry continues to tackle the challenge of collateral management it is only natural for a range of solutions to be touted of the ‘savior’ of said troubles.
Analysis: Finding the Perfect Match
Searching for your clearing broker used to be much like strolling down a long stretch of restaurants in your favourite holiday destination. Everyone desperately wants you to come in and dine with them, meaning you weigh each option up carefully before gracing the most appealing with your business.
Deutsche Bank Merges Derivatives Clearing with Prime Services Unit
Deutsche Bank has merged its Listed Derivatives and Markets Clearing business with its Prime Services unit, according to a source close to the matter.
ESMA Takes Step to End Derivatives Standoff
Europe’s financial watchdog has launched a consultation to review how much margin is required for cleared derivatives trade, an important step to end a lengthy dispute with U.S. regulators.