Articles See All

16 August 2019 — Bill Hodgson

We thought you should be aware of a video produced by DRS which describes updates to the ISDA and custodian documentation for UMR. These updates form the 'next generation' of documentation intended to make re-papering for UMR easier for firms going forward. The video is 36 minutes long and includes nice diagrams.

+1
1 MIN
6 Views
Regulation
IM THRESHOLD
12 August 2019 — Liam Huxley

UMR Phase 5 will have a significant capital impact on in-scope firms’ trading performance. To address this impact, firms need to treat it as a trading risk management process and have calculation tools in their front-office trade workflow that provide transparency and control over the impact of IM. Liam Huxley, CEO and Founder and Samuel Hyman, Head of Americas at Cassini Systems,discuss the benefits of pre-trade and intra-day/end-of-day analysis and collateral optimisation as affected firms prepare for the UMR deadline next year.

+1
5 MINS
28 Views
Collateral Management
12 August 2019 — Bill Hodgson

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced their partnership with Finanz Informatik Solutions Plus GmbH, to help their German clients with implementation projects and application management of SmartStream’s Corona solutions, as well as their next generation TLM Aurora offerings.

+0
2 MINS
4 Views
Announcement
09 August 2019 — Rajesh Sadhwani

The replacement of the Interbank Offered Rates (IBORs) will have a major impact on financial services firms around the world, and regulatory agencies are pressuring institutions to begin their transitions to alternate or reformed benchmark rates ahead of a proposed 2021 deadline.

+4
10 MINS
31 Views
Regulation
06 August 2019 — Rob Hill

 

The Fixed Income and Derivatives market is in the midst of fundamental change, as trading migrates away from the phone and onto electronic venues. This move to e-trading has been triggered by the need to capture accurate data and report it to the regulators, combined with the need for liquidity, and the ongoing demand for efficiency gains in the middle- and back-office.

+5
2 MINS
31 Views
Fixed Income

News Feed See All

16 August 2019 — Financial Conduct Authority Feed

We believe this firm has been providing financial services or products in the UK without our authorisation. Find out why to be especially wary of dealing with this unauthorised firm and how to protect yourself from scammers.

+0
0 Views
16 August 2019 — Liam Huxley Feed

‘How the mighty have fallen’

This statement can be aptly applied to the long-end EUREX-LCH basis on the EUR curve which has seen the 30y point on curve fall from around 3.5bps in March 2018, to almost flat earlier this year and now quotes below zero recently

+0
4 Views
16 August 2019 — DRS Ltd Feed

Earlier today, the Hong Kong Monetary Authority announced their intention to adopt the BCBS/IOSCO’s revised implementation schedule.

Their updated deadlines are as
follows:

+0
0 Views
16 August 2019 — OpenGamma Feed
+0
2 Views
16 August 2019 — Financial Conduct Authority Feed

Following contested proceedings, the Upper Tribunal has found that Andrew Tinney, the former Chief Operating Officer (COO) of Barclays Wealth and Investment Management (Barclays Wealth), breached his obligation as an approved person to act with integrity.

+0
0 Views
16 August 2019 — Financial Conduct Authority Feed

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out more about this ‘clone firm’. 

+0
0 Views

Announcements See All

12 August 2019

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced their partnership with Finanz Informatik Solutions Plus GmbH, to help their German clients with implementation projects and application management of SmartStream’s Corona solutions, as well as their next generation TLM Aurora offerings.

30 July 2019

LONDON, 30 July 2019: Caplin, the specialist provider of desktop and mobile e-trading technology, today announced that it is to be the primary sponsor of the Hastings International Chess Congress (the ‘Hastings’), the oldest international chess congress in the world.

The Hastings has attracted many of the strongest players in the world since it started in 1920-21. Indeed, for some years it was the only truly international chess tournament in the world. Currently it draws in about 400 entrants every year.

23 July 2019

London, 23 July 2019 - Digital Vega, the leading FX Options e-trading platform and provider of FX Options trading solutions, today announced that Standard Chartered Bank has become a Liquidity Provider (LP) on its Medusa trading platform. 

 

Standard Chartered has a unique global footprint, actively trading over 100 currencies and pricing an unparalleled range of emerging markets and G10 currencies.  The addition of Standard Chartered adds broader liquidity to the Medusa platform, which is the market leader in automated FX Options trading.