Buyers of credit protection on recently bankrupt Avon Products are set to receive chunky payouts on their contracts, despite ...

US banking giant Citi dominated trading in uncleared index credit default swaps (CDSs) by European Ucits funds last year. The New York-based dealer controlled 38% of the market, with a book worth $11 ...

Pre-hedging can improve or worsen the price at which a client executes its trade. Global regulators have been asked to ...

Ideally, a market-maker will exit a position when a client meets the ask price or the price hits an upper barrier – the take ...

Required initial margin (IM) at LCH’s ForexClear surged 32% to $10.7 billion in the second quarter, marking a new record ...

Lenders need to tighten up on how they manage third-party relationships as part of their anti-money laundering (AML) efforts, ...

BoE rate cuts and tightening US credit spreads expected to further normalise the sterling-US dollar cross-currency basis ...

JP Morgan’s primary European Union subsidiary grew its over-the-counter derivatives portfolio faster than any of the bloc’s major dealers in 2023, bringing it on par with Crédit Agricole in terms of ...

The dominant Japanese derivatives clearing house JSCC is set to reform its initial margin methodology early next year, in a ...

Sceptics say AT1s are too complex and have failed to help save banks from collapse. The instruments are intended to ‘bail-in’ ...

SGX-DC, one of the two clearing arms of the Singapore Exchange, recorded 37 days during the second quarter when its default ...

Equity markets have long sung to a macro tune. Lower interest rates typically favour growth stocks while value tends to perform in a higher-rate environment. Investors have historically swung between ...