Banks exchange $1 trillion in collateral from phase one of uncleared margin rules
Initial margin collected by phase one firms for their non-cleared derivatives totalled $173.2 billion, an increase of 10% compared to year-end 2018.
Initial margin collected by phase one firms for their non-cleared derivatives totalled $173.2 billion, an increase of 10% compared to year-end 2018.
Interactive Brokers aims to assist efforts on the front-line and accelerate the development of new medicines to fight the coronavirus.
ESMA tells national authorities not to prioritise supervisory action for RTS 27 and RTS 28 reporting under MiFID II amid ongoing coronavirus pandemic.
A damning statement from the World Federation of Exchanges warns that restrictions on short selling will impact price formation in volatile markets.
Longstanding financial chief at Jefferies and industry veteran Peg Broadbent died following complications with coronavirus.
The Investment Association has written to the FCA and the Bank of England to confirm that asset managers want markets to remain open despite coronavirus volatility.
Market maker XTX Markets is the latest firm to give funding to global coronavirus relief efforts.
A client could not meet margin calls on US options and futures trades, forcing ABN Amro to close-out the position and take a $200 million loss.
Peter Harrison has urged asset managers to open dialogue with struggling companies, as ‘creative’ solutions to coronavirus events will only be found through human interaction.
Nej D’jelal has co-founded HEROES, which aims to provide real-world support to NHS workers on the front-line of the coronavirus pandemic in the UK.