USA news Archive

Swap execution facilities have been given the go-ahead after the US Commodity Futures Trading Commission passed final rules on OTC derivatives trading, including dropping the number of bids buyers must request to three. read more>

Many buy-side firms will not be ready for the 10 June swaps clearing deadline under the Dodd-Frank Act, which will contribute to an estimated US$55 trillion notional shortfall, research has shown. read more>

The number of US dollar-denominated interest rate swaps being cleared has jumped by 10% since US rules kicked in two months ago, according to a new tool using data from the Depository Trust and Clearing Corporation. read more>

Traiana's risk management service for swap clearing is set to go live with users after the post-trade solutions provider completed testing with its first futures commission merchant. read more>

The US market infrastructure is on the verge of managing a capacity of three million quotes a second, but the growing disparity between quotes and filled orders will weaken the market, believes one high-frequency trading expert. read more>

Global OTC derivatives trading volumes have slipped as market participants adjust to impending regulation and the emergence of swap futures, new data has shown. read more>

Post-trade services providers Euroclear and the Depository Trust and Clearing Corporation are joining forces to allow firms to manage holdings at both depositories across the Atlantic as a "single collateral pool". read more>

Final rules on how OTC derivatives will be traded under Dodd-Frank could be revealed next week, with the US Commodity Futures Trading Commission scheduled to discuss key reforms. read more>

Institutional investors may gain easy access to a bonanza of equities execution data as the Americas buy-side execution working group of standards body FIX Protocol Limited examined whether to adapt its messaging protocol and execution venue reporting guidelines to support data on where orders were routed, but not filled. read more>

Progress on derivatives rules under Dodd-Frank has been dragged down further with the US Commodity Futures Trading Commission facing a second lawsuit and accusations of being anti-competitive. read more>