Netting
Levelling the playing field for stablecoins
Regulatory asymmetries are a barrier to innovation in digital payments
Isda set to draft China netting opinion
Banks could be in a position to turn on close-out netting in China by third quarter
Indian banks struggling to make gains from close-out netting law
Lawyers say undocumented derivatives trades hinder the audit trail needed to secure capital benefits
China netting: industry raises concerns on cross-border trades
Filing requirement of new netting law could unfairly penalise trades from foreign banks
Dealers back CLS plans for EM settlement system
12 banks announce support for project to extend PvP protection to certain CLS-ineligible currencies
Is this FX futures’ big moment?
Exchanges eye big opportunity for their FX futures offerings as initial margin deadline looms
Futures aim to put a dent in FX swaps supremacy
Advent of margin rules sharpens appeal of exchange-traded instruments for buy-siders
China netting law drives interest in CSAs
Steady growth in contracts with CSAs suggests confidence that clean netting is near
Optimisation firms prep for SA-CCR boom
FX expected to be big focus of industry’s new slimming drive – and vendors are jockeying for position
First P2P trade completed on Siege FX
Dark pool aims to match algo orders among its 30 buy-side clients
Investors eager for next round of China financial reforms
Bond futures and credit default swaps the missing pieces
US regulator casts doubt on key SA-CCR netting benefit
OCC rejects suggestion banks can net certain cleared client exposures; Fed stays silent
Margin rules snare FX options users
US banks forced to post margin on ‘naked’ trades, with buy-side firms soon to follow
CLS: can’t live with ’em, can’t live without ’em?
FX settlement giant not fast on its feet, say dealers and challengers, but hard to knock down
SA-CCR switch clouded by confusion over netting sets
An effort by US regulators to incentivise the switch to SA-CCR may be having the opposite effect
Baton to launch payments system for emerging currencies
Fintech company joins efforts to tackle rising settlement risk
Indonesia eyes netting changes to enable derivatives CCP
Central bank says legal amendments will pave way for locally cleared NDFs and interest rate swaps
CLS proposes second-tier FX settlement system
Stripped-back system for EM currencies mooted to tackle rising settlement risk
LCH to launch non-deliverable options clearing
Clearing service will go live in Q4 for nine currency pairs
FX swaps clearing redux
SA-CCR could unleash the potential of clearing, and may ignite some big changes
SA-CCR adoption may spur wider FX swaps clearing
With up to 90% lower exposures on offer, dealers say capital benefits could outweigh margin costs