The OCC “achieved a number of key milestones” in 2017, including a total cleared volume of over 4.3 billion contracts, according to the latest OCC News.
Deutsche Bank has confirmed it has recently appointed Ruth Berry as a London-based director in the European capital introduction team in its hedge fund capital group
Crédit Suisse has confirmed that Frederick Nadd-Aubert is leaving his position as a New York-based managing director in the bank’s global markets division in a few weeks
ESMA has issued a formal detailed opinion designed to provide further guidance on the treatment of packages under the trading obligation for derivatives, which the MiFIR introduced on 3 January this year
UnaVista, part of the London Stock Exchange Group, and IHS Markit have extended their alliance to prepare for and comply with the upcoming securities financing transactions regulation
The decision of the UK to leave not only the EU but also the single market, has led to a situation in which there is the potential for a significant shift of entities and activities from the UK to the EU27, according to ESMA chair Steven Maijoor
DTCC, which released the paper on 20 March, said there “is a need for additional efforts around specific cyber-scenarios and limited industry-wide testing”
The authority, which published the results on 20 March, stated that rates reiterated the sharp end-of-year drop already witnessed in 2016, although low trading volumes on the last trading day of the year might have reinforced the movement