CME to Add Safety Measures to Options Floor CME Group reports that it will reopen its Eurodollar options trading pit on August 10, 2020. In advance of that reopening date, the company intends to “reconfigure the pit to meet social distancing standards and put additional safety measures in place,” CME officials say in a statement. “All… Read More >>
UMR Deadlines Postponed Due to COVID-19
The COVID-19 pandemic has caused another major industry postponement: the Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) have moved the deadlines ahead by one year for the last two phases of the implementation of the uncleared margin rules (UMR) for non-centrally cleared derivatives. “In light of the significant… Read More >>
FTF Awards Q&A: Regulatory Uncertainty Ahead
(Editor’s note: In this Q&A, Steve O’Hanlon, CEO of Numerix, reviews some key trends and events of 2016, and looks forward to the rest of this year and beyond. For the road ahead, O’Hanlon foresees a lot of regulatory uncertainty, which will complicate many matters. Numerix won the Best Pricing or Valuation Solution award of… Read More >>
CloudMargin Sharpens Collateral Optimization Capabilities
CloudMargin, a provider of web-based collateral and margin management services, reports that it has improved its collateral optimization capabilities to better serve the clearing needs of securities firms. The enhanced optimization combines CloudMargin’s capabilities to source inventory “on a client’s behalf direct from custodians via CloudMargin’s own SWIFT membership,” vendor officials say. Cloud-based collateral management… Read More >>
