News and Notes

ESMA consults on counterparty risk calculation methods for UCITS subject to central clearing

Clearstream and Deutsche Bank partner on collateral management

HKMA and Hong Kong SFC on reporting for OTC derivatives

ECB: collateral eligibility and availability

@boes_: Citi repo assets down 5% in Q2

@TracyAlloway: Goldman repo down 25% in Q2

Bank of England consultation paper on the Leverage Ratio

Risk: Questions remain over US CCP liquidity rules

Eurex: How central counterparties strengthen the safety and integrity of financial markets

SFT: OneChicago's year-over-year volume skyrockets

Clearstream study sees EUR 40 billion for banks in collateral chain

OCC seclending down 17% from June 2013 (but average daily loan volumes are up 4X from 2012)

ESMA publishes draft RTS on CRA3 transparency requirements

Amherst Securities and Pierpont Securities merge

GFT Group Buys Rule Financial

ICMA and Rule Financial launch T2S study

Global Investor/ISF: Industry ‘lacks influence’ over regulators

LCH.Clearnet’s €GCPlus Tri-Party Repo Market service clears first transactions

RiskBooks: HSBC Reserve Management Trends 2014

Reuters: Chinese investors push "pledged" repo rates sky high to bet on IPOS

DTCC: New Study on Global Collateral Highlights Immobilization of Inventory

BNY Mellon launches MyOnCore to enhance oversight and transparency for investment manager outsourcing arrangements

EquiLend Appoints Iain Mackay as Post-Trade Services Product Owner

Eurex SecLending CCP adds board members and expands services

FASB ends repo to maturity accounting

Bloomberg: Cash Deposited at ECB Plunges as Negative Rate Starts

Broadridge Expands Derivatives Coverage

SGSS commits to implementing direct connectivity to T2S

LCH.Clearnet receives Emir authorisation

4sight Launches Equity Derivatives Solution for Synthetic Finance

Clearstream's May 2014 figures

LCH.Clearnet and CC&G pick globeSettle for collateral

ISDA: Central Clearing in the Equity Derivatives Market

Eurex Clearing launches cross-margining functionality

SunGard Launches Cross-Asset Risk and Margin Solution to Help Brokers and FCMs Offer Increased Trading Capacity

Rule Financial posts record revenues powered by global expansion

ESMA's Maijoor speech at ICMA in Berlin – section on collateral fluidity

Swedish Central Bank Modernizes Collateral Management System with Polaris’ Intellect® Quantum Solution

TriOptima and LCH.Clearnet members reduce notional outstanding by $114 trillion since December 2013

IOSCO consults on Credit Ratings Agencies in asset management

Chicago Fed: the impact of low interest rates on bank profitability

Wells Fargo pays $62.5mm to settle seclending lawsuit

OCC's securities lending CCP activity down 18 percent YoY

US SEC charges four from Penson with Reg SHO violations

ETF.com: UBS limits ETF securities lending to 50%

Sapient: collateral moving to front office

Sourcing the right collateral increasingly a priority for financial industry in Asia

OCC and US Options Exchanges Adopt New Pre- and Post-Trade Risk Control Principals

ICMA: Faster settlement for international securities – Migration to T+2 for cash transactions and to T+1 for repo transactions

CME Clearing Europe First To Receive Regulatory Approval For New Full Segregation Client Protection Model