Five years after the collapse of Lehman Brothers, central clearing services are appearing for over-the-counter derivatives in Asia Pacific, but challenges remain.
Tag : clearing
The bank becomes the second after Citi to combine trading execution with settlement/clearing on a multi-asset class platform.
New capital requirements, sustained low interest rates and falling commissions from derivatives trading have compelled the agency brokerage to readjust.
Compliance officers at financial institutions outline how the cost of complying with a raft of regulatory reforms is dampening innovation and making it difficult to stay competitive.
Twin regulatory relaxations and demand dynamics have encouraged Citi to set up securities lending services in the country. Here we learn why.
Bank compliance and legal counsel officers raise serious doubts over how new regulatory rules to curb rogue algo trading would be applied and who would potentially be held liable.
A group representing 90% of the global foreign exchange market says proposals to impose margin requirements on FX swaps and forwards are counterintuitive.
OTC derivatives trades that are not centrally cleared are likely to cost more than cleared transactions, due to pricing by bank counterparties, argues BNY Mellon.
The Hong Kong Investment Funds Association says the territory’s regulators should take their cue from Europe and the US before proceeding with new proposals.
Asian asset owners will be key players in the development of a dynamic global system of collateral management, says BNY Mellon.
The global move towards central clearing, and the posting of margin on uncleared OTC derivatives, sees asset managers increasingly looking to outsource collateral management.
An upgrade and new data centre for hosting services may spark interest in algorithmic trading strategies on Hong Kong stocks, as latency is reduced to below two milliseconds.