LCH figures published today suggest that its more speculative plays, such as SwapClear and RepoClear, are starting to pay off. Trading, by both volume and value, was at record levels last year. LCH says the 40 per cent jump in
Eurex Bonds added a number of products to its portfolio, which include new issues by the KfW (Kreditanstalt fr Wiederaufbau), the European Investment Bank, and individual German states, as well as jumbo Pfandbrief issues. Market makers will provide liquidity in
Omgeo today announced that 17 firms have already signed on as "Early Adopters" of its Omgeo Central Trade Manager (Omgeo CTM) global STP platform, further expanding the capability of Omgeo's community of 6,000 clients. These include six investment managers Lazard
OmgeoSM today announced the expansion of the STP partnership with Charles River Development (Charles River). Through this agreement, Omgeo will assist Charles River in implementing an interface directly to Omgeo Central Trade Manager (Omgeo CTM), the global solution for central
The European Securities Forum (ESF) has reacted to criticism that it is too Anglo Saxon by agreeing to enlarge its membership to as a press release today puts it "reflect more fully the nationalities of the EU." Loosely translated, this
ICor Brokerage Ltd, the 50 50 joint venture between Reuters and ICor Brokerage, announced the launch of its online brokerage service for FX Options in Asia Pacific. The service, ICor Brokerage FX Options, provides electronic broking of FX Options to
US Securities and Exchange Commission Chairman Harvey Pitt said the accounting profession should be supervised by a new governing body made up of both accountants and non accountants. The new board would be able to compel parties to turn over
The Depository Trust & Clearing Corporation (DTCC) White Paper production machine has spun again, and spat out another document. This one contains a masterplan to reinvent settlement everywhere and shift the world on to the virtuous path of global STP.
Banca di Roma in Italy has awarded ABN AMRO the mandate for third party Continuous Linked Settlement (CLS) services. The mandate covers all the settlement traffic for the CLS eligible currencies, which represent the majority of Banca di Roma's foreign
KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different