News and Notes

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DTCC Partners with Broadridge, FIS Global, Murex, RegTek.Solutions and SimCorp to Further Streamline SFTR Trade Reporting Processes

Hanweck Enhances Borrow Intensity Indicators

Industry Groups Set Out Impact of Hard Brexit on Derivatives

FT: ECB warns banks to curtail booking trades and loans in UK after Brexit

UK Financial Policy Committee says UK banks okay with Brexit but CCPs in jeopardy

SIX licenses SARON to Eurex for futures contracts

Fed blog: Unlocking the Treasury Market through TRACE

Reuters: Under fire from Musk, top fund firms defend securities lending

JP Morgan Asset Management restarts securities lending program

AcadiaSoft Announces Successful Integration of First Buy-Side Firm, Phase 3 Firms into its Hub

State Street completes Charles River acquisition, announces advisory board and CEO

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Fed dealer survey on securities financing terms finds little market change from last quarter

NEX European repo up 10%, US Treasury repo down 4% for September 2018 year over year

Tradeweb posts record trade volumes in September 2018

SocGen CIB launches fintech incubator for global markets

Basel Committee Monitoring Report starts to look at compliance with final Basel III minimum requirements

ESMA’s Maijoor highlights risks of no UK CCP recognition under Brexit

ISDA and KWM Publish Practical Framework for Constructing Smart Derivatives Contracts

ICMA publishes discussion paper on CSDR mandatory buy-ins and securities financing transactions

OCC securities lending CCP up 6.9% in September 2018 year over year

ECB: removing repo from the Leverage Ratio would be a bad idea

ECB: G-SIB framework encourages balance sheet window-dressing

FIA: Mapping Clearing Interdependencies and Systemic Risk

FT: European banks weigh leaving UK derivatives market

Euroclear UK & Ireland offers dollar settlement in central bank money through the Federal Reserve

CFTC Chairman Giancarlo Releases Cross-Border White Paper

ESMA launches consultation on stress testing rules for money market funds

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Charles River and fintech Cassini join forces to automate margin estimation

IHS Markit launches initial margin calculation service for OTC derivatives

ESMA publishes final report amending RTS on the clearing obligation for intragroup transactions

NEX TriOptima simplifies IM with single trade file process

Ropes & Gray: Considerations for the Buy Side on the ISDA 2018 U.S. Resolution Stay Protocol

Risk: Banks will not use NSFR to judge funding risk

CPMI releases latest Red Book payments statistics in new interactive format

Openlink launches next generation of commodities and financial trading and risk management solutions

Circle launches USD stable coin

FIS Adaptiv: Exposure Monitoring in a Fully Margined World

FSB and IMF publish the 2018 progress report on G20 Data Gaps Initiative

ESMA: Liquidity in EU fixed income markets – Risk indicators and EU evidence

ARRC Releases Consultations on Fallback Contract Language for Floating Rate Notes and Syndicated Business Loans for Public Feedback

BIS on global liquidity: changing instrument and currency patterns

US regulations approve amendments to swap margin rule

ECB Draghi’s letter to EU Parliamentarian says no central bank digital bank cryptocurrency for now

Basel Committee reduces advantages of “settled-to-market” derivatives

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ARRC says term SOFR on track for 2021

DataLend says H1 2018 revenue in securities finance was $5.47 billion (lender to broker activity)