DBS, JP Morgan and SBI Digital Asset completed the pilot. Two other pilots are being launched by StanChart, HSBC, UOB and Marketnode.
November 3, 2022ASX recorded a “strike” against the adoption of its remuneration report, which included a A$1.2mn bonus for former CEO Dominic Stevens despite the CHESS replacement delay.
October 3, 2022Market volatility and model reactions to volatility were responsible for the majority of the peak increase in IM requirements in March and April 2020.
September 30, 2022The no-action letter will facilitate access for US persons to swaps clearing in Taiwan while TAIFEX's application for an exemption from DCO registration is pending.
September 20, 2022Clearinghouse members will be required to push their clients' secondary market trades and margins collected through the clearinghouse.
September 15, 2022Practices to facilitate porting need to be further developed to ensure clients can continue to access clearing in the event of an intermediary default.
September 9, 2022ASX has revised its approach to allocating losses that could arise from the default of USD settlement bank.
September 3, 2022Banks can clear USD, GBP, EUR, CAD and JPY through the RTGS system starting from 4 September. CNY clearing will be allowed "soon".
September 2, 2022The BOE will add SOFR overnight index swaps to the scope of contracts subject to the derivatives clearing obligation and remove USD LIBOR contracts in April 2023.
August 26, 2022Mandatory clearing requirements will instead apply to interest rate swaps referencing SARON, TONA, €STR, SOFR and SORA.
August 16, 2022