Subscribe

Interest rates

  • December

    Cicero: D2D + D2C does not equal A2A 07 December 2011

    The changing business model for banks in the new world order.

  • November

    From OTC to OTF: SEFs, OTFs and the new world of trading 11 November 2011

    Reforms sweeping across the European and US derivatives industry will result in the formation of new platforms for trading over-the-counter derivatives on electronic platforms. But, as the rules are being finalised, concerns are being raised that attempts to improve transparency will harm the orderly operation of the markets, finds William Mitting.

  • Pestone: The Mifid waiting game 01 November 2011

    How the new EU regulations will impact on FX trading.

  • October

    News analysis: Will MiFID II breakdown the silos that survived EMIR? 18 October 2011

    The European markets infrastructure regulation (EMIR) has failed to introduce price-based competition between derivatives clearing houses. But all is not lost. MiFID II may offer a second chance, finds Dan Barnes.

  • September

    Maciel: Preparing to become a SEF aggregator 19 September 2011

    How banks can prepare for the introduction of SEFs

  • News analysis: LSE's bid for LCH.Clearnet 07 September 2011

    What are the implications for European market structure of LSE's bid for LCH.Clearnet.

  • Lastennet: HFT moves to new trading frontiers 05 September 2011

    High frequency trading is beginning to expand its reach beyond its traditional market sectors.

  • August

    Hegarty: Getting Frank about Derivatives 25 August 2011

    The devil of the Dodd Frank financial reform bill is in the details. After the CFTC postponed the process of translating the bill into specific regulatory rules, those details will only become clear by the end of 2011.

  • McDonald: Two out of three ain't bad 22 August 2011

    When it comes to derivatives reform, there are three workflows which are taking place at the moment – regulatory change, improvements to financial market infrastructure and changes to capital requirements.

  • Dodd: Becoming an SEF – cost or opportunity? 08 August 2011

    A remarkable number of global financial institutions are actively pursuing setting up Swap Execution Facilities (SEFs) since they have become enshrined in U.S. law under the Dodd-Frank act. Recent announcements have delayed when they formally need to be ready, but few institutions care. Why?

  • July

    Pioneers aim to forge new markets in interest rate swaps 22 July 2011

    Interest rate derivatives represent the fastest growing and largest asset class in the sector and, as moves to push trading onto exchanges gather pace, innovative new contracts and exchanges are launching to meet the anticipated demand.

  • Connors: redefining the OTC derivatives market 15 July 2011

    Global regulatory initiatives such as MiFID II, EMIR and Dodd-Frank have the potential to create significant new business opportunities for financial institutions and market infrastructure providers such as exchanges. But too many organisations seem either unable or unwilling to grasp this simple fact. Rather than burying their heads in the sand, as many appear to be doing, market participants should be embracing these new frameworks and putting their resources behind innovations that will respond to this new world order.

  • May

    Comment: Liquidity rules: the new world of euro Stirs 11 May 2011

    When the European Central Bank flooded the European banking sector with cash, it changed the rules of the game in short term interest rate markets. Andreas Koutras and Robin Belec of ITC Markets argue that traders must learn to read the new environment.

  • Mixed month for CME Group trading in April 03 May 2011

    April was a month of mixed fortunes for CME Group, with increased trading in agricultural commodities and metals yet falls in volumes for Eurodollar options, equity indices and energy products.

  • April

    Swap definitions approved by CFTC and SEC 28 April 2011

    The US Commodity Futures Trading Commission and the Securities and Exchange Commission voted yesterday to approve proposed rules defining a swap.

  • Analysis: One-pot NYSE takes on superliquid CME 01 April 2011

    This spring may be the most exciting time for years in US interest rate derivatives. The first credible challenger is trying to win market share from CME Group. NYSE Liffe US has a powerful advantage, in one-pot clearing with Treasury bonds. Will it be enough to win business from the world’s most successful futures exchange? Elise Coroneos reports

  • O’Malia: CFTC will back down on block trades 01 April 2011

    The US Commodity Futures Trading Commission’s new definition of a block trade will have to be rewritten, the regulator’s commissioner Scott O’Malia said at the FIA Boca conference on March 16.

  • SwapClear FCM service goes live 01 April 2011

    LCH.Clearnet’s SwapClear has fully opened its interest rate swap clearing service to investors.

  • February

    Eurex’s Baldwin moves to New York 23 February 2011

  • NYSE D-Day for attacking CME is March 23 February 2011

  • RTS launches bond futures 23 February 2011

  • SunGard’s Stream GMI supports Eris Exchange 23 February 2011

  • SwapClear hires Merrill man as US sales chief 01 February 2011

Poll

What concerns you most about the upcoming regulation changes?

Opportunity for regulatory arbitrage
15%
Impact on revenues
35%
Unnecessary complexity
11%
Workability of central clearing for OTC derivatives
9%
Workability of forcing complex derivatives onto exchanges
31%