Five lessons from the closure of LSEG’s CurveGlobal
CurveGlobal, the interest rates derivatives market launched in 2016, is to run down its business before closing on Friday 28 January 2022, according to...
Portware claims ice cracking on EMS/OMS division
By Flora McFarlane.
“The order management system (OMS) and to an extent the execution management system (EMS) as stand-alone products are dead,” says John Adam, global...
Margin calls for bitcoin futures pose systemic threat
AIG failed in 2008, because the value it placed upon the mortgages underpinning the credit default swaps it had sold to Goldman Sachs was...
CurveGlobal saw 194% volume rise YoY in February
By Pia Hecher.
CurveGlobal has claimed a record start to 2019, with monthly average trading up 194% in February over the same month in 2017....
Justin Lada leaves Barclays for Susquehanna
Justin Lada, Barclays’ global head of electronic strategy for credit trading & sales has announced he will be joining proprietary trading firm Susquehanna, as...
Citi clears CDS index option trades through ICE Clear Credit
Investment bank Citi has traded and cleared the first client-executed credit default swap (CDS) index option trades in the US through ICE Clear Credit,...
China lays path to greater liquidity
Better risk and liquidity management is on the cards for the buy side as repo and derivatives are promoted by authorities and market infrastructure...
Three things to consider when choosing a SIMM™ margin provider
Samuel Hyman, Head of Americas, Cassini Systems
If you trade bilateral OTC derivatives then you probably know by now that the Uncleared Margin Rules (UMR)...
AxeTrading expands modelling and pricing tools; builds out FX and futures
AxeTrading, the fixed income trading software provider, has launched version 5 of AxeTrader, its fixed-income trading system for sell-side and buy-side firms. This latest...
Derivatives: Credit default swaps – The revival
Applying innovation from corporate bond markets to credit derivatives trading could boost liquidity at a point of market stress.
Single-name credit default swaps (CDSs) provide...
