Fed Set to Cap How Much Big Banks Can Be Each Other’s Customers – Bloomberg

Bloomberg Fed Set to Cap How Much Big Banks Can Be Each Other’s CustomersBloombergVirtually all derivatives contracts in the U.S. banking system are concentrated among the largest firms, and other big banks are their main trading partners. That interconnectedness was especially revealed in the 2008 crisis, when the U.S. government … and more » […]

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Tapping the Trade Repositories: ESMA Releases First Annual EMIR Report – Finance Magnates

Finance Magnates Tapping the Trade Repositories: ESMA Releases First Annual EMIR ReportFinance MagnatesESMA noted that 72 percent of NCAs used TR data to ensure firms were clearing their OTC derivatives contracts appropriately. What of the remaining firms that didn’t use TRs as a means of testing compliance for one or both parts of the regulation? […]

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US Commodity Futures Trading Commission issues Staff Advisory on Virtual Currency – Lexology

Lexology US Commodity Futures Trading Commission issues Staff Advisory on Virtual CurrencyLexologyThe CFTC Staff Advisory requires virtual currency derivatives listed on a designated contracts market or swap execution facility or exchanged by a DCO to be covered by an appropriate oversight program. This is meant to detect and prevent manipulation, … […]

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Deriving Ethereum [ETH]’s future in Derivatives market – AMBCrypto

AMBCrypto Deriving Ethereum [ETH]’s future in Derivatives marketAMBCryptoIt stated that the most natural next move is for Ethereum to enter the futures derivatives market following Bitcoin’s entry into the same. Bitcoin entered the contracts market in December 2017. It trades thousands of times a day, representing tens of … […]

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Blackstone, Solus Settle Fight Over Hovnanian CDS Trade – Bloomberg

Bloomberg Blackstone, Solus Settle Fight Over Hovnanian CDS TradeBloombergA credit derivatives contract is essentially insurance against a borrower defaulting on its debt within a particular period of time. The contracts can become almost meaningless if a fund can create or prevent a payout on the contracts just by loaning … and more » […]

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Oil Ministry gives in-principle nod to launch petrol, diesel futures: ICEX – Business Line

Oil Ministry gives in-principle nod to launch petrol, diesel futures: ICEXBusiness LineLast month, the commodity exchange launched 30-cents diamond futures contracts in addition to its product basket of 1-carat and 50-cents contracts. The bourse had launched the world’s first diamond derivatives contracts in August 2017 with 1-carat … and more » […]

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