News and Notes

IOSCO issues policy measures to protect investors of OTC leveraged products

BoE’s Haldane says central banks must rely on “folk wisdom” to build public trust

Risk: Brexit threatens UK-based banks’ corporate repo funding

New York Fed Sells Remainder of Maiden Lane LLC Securities; Approximately $2.5 Billion Net Gain Generated for U.S. Public from the Portfolio

BIS Markets Committee analyses changes in fast-paced electronic markets

EquiLend opens Dublin office

FT: EBA Chief Enria says back-to-back trading must stay after Brexit

Bank of England launches Public Register for the UK Money Markets Code

Nasdaq clearing member default costs CCP EUR 114 million

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AcadiaSoft Launches Sensitivities Calculation Services

SIFMA Supports OFR Repo Market Data Collection Proposal

EMMI cancels European repo index project

European Systemic Risk Board says data coverage of Shadow Banking “hampers activity-based monitoring”

CFTC’s Giancarlo argues for a global swaps regulation

ISLA releases 9th Securities Lending Market Report

Tradeweb repo activity up 39% in August 2018 year over year

World Federation of Exchanges calls for global reform of Leverage Ratio

ESMA says demand for EU HQLA remains robust, pricing 12 bps over GC

ISLA staffs up for SFTR

OCC seclending CCP volume up 17% in August 2018 year over year

MetLife issues $1 billion in SOFR-linked floating rate notes

Ecuador does $500 million repo deal with Goldman Sachs at LIBOR 3M+4.25%

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ICMA: lack of Asian repo liquidity constricts corporate bond market

SmartStream launch QA testing for collateral management

BIS: Reserve requirements and capital flows in Latin America

Deutsche Börse acquires minority stake in HQLA^X

QCAM: “The Powell Doctrine”

Thomson Reuters supports Trax MiFID II reporting and SI determination services with comprehensive data

US regulators accept some munis as HQLA

Bloomberg: What Squeeze? Treasury Repo Suggests Shorts Are Not So Extreme

Eurekahedge publishes data on the global hedge fund industry

CCP12 supports SA-CCR, warns against punitive charges to clearing firms

FINRA Fines Interactive Brokers $5.5 Million for Regulation SHO Violations and Supervisory Failures

BIS: Transmission of monetary policy through global banks: whose policy matters?

BoE paper: XVA pass-throughs mean bilateral IRS is more expensive than cleared

CPMI: Call for comments on governance of OTC derivatives data

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Charles River joins Broadridge to get SWIFT in wake of T+2

Blockchain tech firm Axoni raises $32mn Series B co-led by Goldman Sachs

Bloomberg: Libor’s Heir Presumptive Prepared to Take on Bank Bond Market

FSB, CPMI, IOSCO and BCBS study highlights continued central clearing interdependencies

ISF: JP Morgan looks to offload half of its EquiLend stake

FSB and standard-setting bodies consult on effects of reforms on incentives to centrally clear over-the-counter derivatives

Cleveland Fed: Liquidity Requirements and the Interbank Loan Market

Thomson Reuters Boosts U.S. Treasury and Interest Rate Swaps Pricing Solutions Through Collaboration with Dealerweb and ICAP

REGIS-TR to collaborate with EquiLend and Trax on SFTR Reporting Solutions

NEX repo volumes down for July 2018 in US and Europe on vacations and low volatility

Bank of England paper on repo finds what the market knows: UK Leverage Ratio damages liquidity and creates regulatory arbitrage