SGSS launches fixed income service for broker-dealers
The new fixed income clearing and settlement offering was developed as part of SGSS’ ongoing work with Accenture Post-Trade Processing.
The new fixed income clearing and settlement offering was developed as part of SGSS’ ongoing work with Accenture Post-Trade Processing.
LCH sees several new records in the first half of this year for foreign exchange and OTC interest rate swap clearing.
Pension funds will have to begin clearing OTC derivatives contracts on 17 August 2018, despite calls for a third extension.
JP Morgan is using LCH CDSClear to act as a clearing broker in credit default swaps for Swedish pension fund AMF.
Clearing expert joins SocGen as managing director after eight years at ABN Amro.
Eurex Clearing recently recorded notional outstanding exceeding €5 trillion for cleared interest rate swaps.
The bank cleared the first lot of cash and repo trades on behalf of the Healthcare of Ontario Pension Plan (HOOPP).
The decision comes amid wider fee pressure from asset managers and other client types as they look to reduce their own operating costs.
The study explained outdated systems used by clearing banks and prime brokers are not fit for purpose for today’s current regulatory environment.