Financial News’ Michelle Price looks at the progress being made in the Asian markets towards clearing. It focuses on the six jurisdictions in the region – Hong Kong, Singapore, Australia, Japan, South Korea and India – who have committed to building OTC derivatives clearing houses. GreySpark comments on who will be the likely winners and losers.
With the number of traditional equities franchises shrinking, brokers are looking to cash in on this gap in the market and drive up equities revenues by white-labelling prop trading tools. Richard Partington, Financial News, looks at the brokers that are doing this and how white-labelling works in practise.
Michelle Price, Trading & Technology Editor at Financial News, looks at how look at how firms like Euroclear and Clearstream are increasingly targeting corporates and getting them into the funding markets, such as repos and beyond. GreySpark comments on this trend.
Tom Osborn of Financial News explores how the transition of swap products onto exchanges will pan out. This article follows news that CME Group intends to launch hybrid interest rate swap futures in November 2011. GreySpark looks how a transition to electronic swaps trading would be driven primarily by the economics of forced clearing.
GreySpark Partners, the capital markets consultancy, today publishes the final report of a three part series on the Swap Execution Facility (SEF) landscape. This document outlines the impact on business and trading models as a result of the nascent SEF marketplace where it presents the pitfalls and solutions to consider for participants faced with increasingly fragmented liquidity.
In the second of a three part series on the Swap Execution Facility (SEF) landscape, GreySpark Partners, the capital markets consultancy, has revealed the technology considerations and challenges for businesses when they come to connect to these venues.
European Market Infrastructure Regulation (EMIR) is set to shift huge volumes of OTC transactions to central clearing houses and whilst this highlights a great opportunity for developing a CCP offering, Cecile Sourbes of IPE looks at the challenges of adapting business models.