ICE Clear Europe, LCH and LME given three-year European equivalence extension post-Brexit
Regulators confirmed plans earlier this year to consult on the potential extension of a select few CCPs until the end of June 2025.
Regulators confirmed plans earlier this year to consult on the potential extension of a select few CCPs until the end of June 2025.
European securities regulator found that the risks associated with derecognising the Tier 2 central counterparties did not outweigh the benefits of keeping them in place.
According to CFTC, ICE Clear Europe failed to obtain executed acknowledgement letters from the depository before, during or after the opening of six customer segregated accounts.
New strategic advisor previously served at Goldman Sachs, NYSE Euronext, the ICE Benchmark Administration and ICE Clear Europe.
With the Baton network, Citi will automate its collateral management as it becomes first FCM to connect to ICE Clear Europe.
Three UK clearing houses will be recognised as third country CCPs under EMIR while the European Commission’s temporary equivalence decision is in place.
Hester Serafini has led ICE Clear Europe as president on an interim basis since February, and will now take on the role permanently.
Panelists at FIA IDX debated whether buy-side firms have increased their clearing activity for both mandated and non-mandated products.
ESMA has been making plans to prepare for a ‘no-deal’ scenario ahead of Brexit, with disruption to clearing being one of the biggest concerns.
Michael Amakye joins LCH as head of CDS sales following a six year stint at ICE Clear Europe.