Citi tops swaps clearing ranks for H1 2017
CFTC data of clearing banks showed Citi held almost $18 billion in client margin for swaps clearing as of 30 June.
Tag: FCMs
FIA develops FCM tracker
The FCM tracker provides industry-wide view of customer funds in futures and swaps.
Deutsche Bank to close US OTC clearing business
The bank's exit could stoke further fears of consolidation in the swaps clearing market, with over half of all business concentrated with the top three dealers.
European banks downsizing role in client clearing
Capital pressures have seen some European clearing banks unwinding positions and retreating from the business.
Banks to finally turn a profit from derivatives clearing, finds research
Research from TABB Group estimates FCMs could record around $4.5 billion in 2016 from derivatives clearing.
A radical world for FCMs
Citi’s Jerome Kemp says clearing brokers must accept the new reality facing them and adopt radical changes to their models.