LCH
Cleared NDF volumes still 'tiny', but Sef share grows
Swap execution facilities gain traction in top four NDF currencies
LCH.Clearnet opens account with RBA
First overseas CCP to open deposit and liquidity facility with the Reserve Bank of Australia
LCH names Davie as group COO
Michael Davie given new role at London-based clearing house
LCH rebuffs fears of NDF clearing crunch
Esma's most aggressive timeline could force more than 100 firms to clear NDFs from September 2015, with ForexClear the only currently authorised European CCP
ForexClear adds PEN to cleared currencies
Clearing house can now handle 12 currencies and more than 95% of non-deliverable forward markets
LCH.Clearnet gains Emir approval
Clearer given the go-ahead by Bank of England
LCH.Clearnet remains trusted provider for NDF clearing
LCH.Clearnet retains the award for best FX clearing house for the second successive year, having grown its cleared NDF volume and upgraded its risk management capabilities
ForexClear launches client clearing for NDFs
LCH.Clearnet has launched buy-side clearing of NDFs on its ForexClear platform, a year after it gained approval from the UK Financial Services Authority
HSBC's Boillereau takes the chair of the global FX division
Fred Boillereau stepped into the top role at the industry body earlier this month, succeeding Troy Rohrbaugh
Confusion reigns at dawn of Sef era, say participants
There is still uncertainty over the exact scope of no-action relief issued by the CFTC, and traders warn the same challenges will remain when the relief expires on October 30
HSBC loses in FX sales
David Brickell departs HSBC, while Oanda appoints a new CTO and FX vendor Advanced Markets builds in institutional FX
FX swaps and forwards off initial margin hook
Working Group on Margining Requirements has confirmed the exemption of FX swaps and forwards from initial margin, as well as a more restricted exemption for cross-currency swaps
Ian Axe steps down from top role at LCH.Clearnet
Chief executive to leave LCH after two years; other moves at JW Partners, Goldman Sachs and Nomura
FX clearing driven by capital and collateral costs rather than mandate
As mandatory NDF clearing has been delayed, the likely increase in capital and collateral requirements for FX trades is forcing some to consider clearing ahead of the mandate, say webinar participants
Traiana pitches for LCH’s FX clearing flow
Vendor adds ForexClear to Harmony CCP Connect, more than two years after it first launched the clearing network with CME Group as the first clearer
Icap: Sefs could lead to ‘sub-optimal hedging’
Moving NDFs to trade on Sefs could mean less hedging at longer end of the curve, says senior executive at Icap
Nasdaq OMX to launch FX clearing in November
Stockholm-based clearing house becomes the latest to announce its intention to enter the FX space
Uncleared margin rules could hold back new CSA adoption
Proposals on the margining of uncleared derivatives trades could dampen take-up of the standard CSA
Diverging regulation greatest threat to FX market, say clearers
Speakers from LCH.Clearnet and CME Group at Bloomberg event say differences in regulatory approaches in the US and EU are the biggest threat to growth in FX
Trading places, March 4, 2013
Major new hire at LCH Clearnet, while a sales trader exits Bank of America Merrill Lynch in London
LCH approved for client clearing on ForexClear
The clearing house expects to begin client clearing for FX NDFs during the first quarter, and has now surpassed $500 billion in cleared volume for interbank NDFs
MarkitServ hires senior relationship manager for FX
Jane Collins started at MarkitServ on Monday, having previously worked at Thomson Reuters for seven years
FX options clearing analysis in final stages
The GFMA's global FX division is understood to be close to completion of its analysis of five years of options trading data - a project that is intended to lead to a solution for options clearing
Senior relationship manager exits Thomson Reuters
Head of interdealer broker relationship management has left Thomson Reuters after seven years