Collateral failure costs could hit $27bn under new regime
A DTCC study suggests that collateral settlement failure costs are likely to soar when new rules come into force.
Post-Trade
Trad-X launches Eurex-LCH.Clearnet switch service
Switch trade activity could pick up when mandatory clearing for different firms comes into force.
UBS MTF to offer clearing on LCH
UBS dark pool to offering clearing via pan-European CCP.
Clearing costs driving buy-side’s CCP choice
Central counterparty (CCP) costs are driving the buy-side decisions on where to clear their derivatives trades, according to a new report from TABB Group.
Eurex approved for US swaps clearing
Eurex Clearing is the sixth non-US CCP to win CFTC approval for derivatives clearing.
LCH Clearnet given approval from Singapore regulator
The London-based CCP is the latest European clearer to increase its presence in Singapore.
Swaps exposure slashed by nearly two-thirds
Compression services are increasingly being adopted by banks to reduce derivatives exposures.
BNPP Securities Services teams up with tri-party repo service
The partnership could see increased buy-side activity in tri-party repo.
Leaked Deutsche Bank memo outlines management shake-up
Deutsche Bank internal note reveals plans for management overhaul in Global Transaction Banking division
LCH hires equities director from JP Morgan
Ex-JP Morgan director to head equities and cash markets development for LCH.Clearnet.