News and Notes

Hanweck: using options pricing to back out financing costs

WSJ: Randal Quarles wins Senate approval

ESMA updates AIFMD and UCITS Q&A with SFTR guidance

GC: China’s central bank provides relief for squeezed European repo market

BNP Paribas Securities Services launches tri-party collateral management service

BIS: Basel III liquidity monitoring tools

ECB: potential impact of DLTs on securities post trading harmonization and on the wider EU financial market integration

OneChicago trading volume up 34% in September yoy

OCC seclending activity up 13% in September and 21% YTD

FT: foreign bank repo demand eases US Treasury funding stress

NY Fed: excess funding capacity in tri-party repo

ESMA finalizes MiFID II’s derivatives trading obligation

Pirum and IHS Markit in SFTR tie-up with six firms

Bloomberg: debt limit continues to rattle markets even after deal

BNY Mellon and Hazeltree to simplify buy-side cash management

SIX SS: real-time settlement is critical for collateral optimization

ICI: reform SIFI process in wake of FSOC decision on AIG

DataLend publishes The Purple Edition 3

SIX: SARON as the future CHF-alternative to LIBOR

ISDA: proposed moratoria under BRRD is step backwards in ending TBTF

ISDA sizes and explains the derivatives market

ICMA publishes pilot survey results for Asia-Pacific repo markets

OASIS investment strategies broadens services for cash, collateral and margin management needs of all FIs

ECB to publish new unsecured overnight interest rate

AcadiaSoft announces smooth integration of phase 2 firms into its margin hub

FSB and IMF report on progress with G20 data gaps initiative

ESMA publishes responses to CSDR internalized settlement reporting consultation

Fed announces beginning of tapering, balance sheet normalization

EBA launches consultation on significant risk transfer in securitization

EquiLend and Trax to launch interoperable front-to-back SFTR offering

ISDA says $1.41 trillion in collateral posted for cleared and non-cleared derivatives, down from $5.5 trillion in 2014

BIS explains central bank cryptocurrencies

DTCC-Euroclear and Lombard Risk in collateral management tie-up

Bloomberg: repo traders on edge from BNYM’s “monopoly”

ISDA makes recommendations for CCP recovery and resolution

MTS launches direct electronic D2C repo trading

Risk: national curbs hit budding pan-EU settlement market

LCH launches new model for buy side repo clearing

Bloomberg: IRS and CDS voice broking may stay under MiFID II but will get more pricey

DTCC advises banks on reducing FRTB-related risk capital charges

FT: US derivatives regulator warns EU over clearing plans

Lipper: ISLA’s securities lending recommendations for UCITS should be balanced with investor choice

Eurex Clearing and PGGM work together on CCP model for securities lending

Basel III stress test results published by the Basel Committee

Japanese broker uses AI for stock lending

EMMI publishes feedback summary on new euro repo benchmark

CDCC Introduces Direct Clearing for Canadian Buy Side Firms

Eris patents OTC swap-like IR future that calculates collateral interest in daily VM

Fed Vice Chairman Stanley Fischer resigns

ECB standards for triparty agents in Eurosystem credit operations