News and Notes

J.P. Morgan to collaborate with Wematch Interest Rates

Sharegain raises $12 million in funding, gets write up in Financial Times

IIAC: Canada’s Central Counterparty for Repo: A Made-In-Canada, Street-Led Liquidity Success story

Rumor mill: Euroclear looking at Elixium investment

Bloomberg: BrokerTec moving to Amsterdam

WSJ: Asian investors buying fewer US Treasuries

DTCC testing DLT for credit derivatives with MarkitSERV and 15 banks

FT: German bond shortages likely to continue in the face of QE

Federal Reserve Board finalizes new supervisory rating system for large financial institutions

Swiss National Bank’s Thomas Jordan: Protectionism complicates monetary policy

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NEX Markets connects with Eurex to launch new clearing solution for BrokerTec Europe customers

OCC securities lending CCP volume in Oct 2018 up 25.7% year over year

Federal Reserve proposes lower regulatory obligations for smaller US banks

BIS says notional of OTC derivatives increases to $595 trillion but gross value declines to $10 trillion

Barclays moving some securities financing business from UK to Ireland

ASIFMA: Asia struggling to meet EU Benchmarks Regulation

US regulators issue Notice of Proposed Rulemaking for SA-CCR

ARRC Releases Information on Transition Progress and Consultation for Fallback Contract Language

ECB says securities finance markets lost liquidity from June to August 2018, deterioration in general collateral market

FT: EU pledges access to UK clearing houses in no-deal Brexit

Reuters: EU shows no sign of heeding U.S. threat over derivatives clearing

ECB’s Draghi argues for continued central bank independence

Basel Committee publishes Basel III annual progress report

Canada DLT settlement project results promising, but benefits need scale

BBH: US/China trade war impact on securities lending

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FASB approves SOFR for hedge accounting

Eurex Clearing to expand Partnership Program to Repo and Foreign Exchange

Bank of England publishes plans for financial services regulation post-Brexit

Reuters: UK derivatives clearers may get no-Brexit deal reprieve – EU document

Deutsche Börse and Bundesbank expect rapid blockchain development after tests

Schroders: Are short sellers ethical?

Bank of Canada: Is a Cashless Society Problematic?

Bloomberg editorial: Europe’s Banks Aren’t Ready for the Next Crisis

Korea’s National Pension Service stops securities lending following criticism

London Stock Exchange Group to increase majority shareholding in LCH Group

CFTC Commissioner Rostin Behnam on CCP risk management

GlobalCapital: China approves tri-party repo

SEB: “no products nor participates in structures whose sole purpose is to avoid taxes” in response to media reports

Fed blog: Liquidity Effects of Post-Crisis Regulatory Reform

Basel Committee seeks views on the leverage ratio treatment of client cleared derivatives

ESMA values EU derivatives market at EU 660 trillion with central clearing increasing significantly

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ISDA white paper: Clearing Incentives, Systemic Risk and Margin Requirements for Non-cleared Derivatives

Basel Committee issues final “Stress testing principles”

ICMA: European repo market hits record EUR 7,351 billion

ISLA News now available through Bloomberg Launchpad

DTCC study shows DLT can support US equity market volumes

ISDA Publishes Updated Model Netting Act