IHS Markit launches initial margin calculation tool for OTC derivatives
The final phase of the framework for posting initial margin is due to come into force in 2020.
The final phase of the framework for posting initial margin is due to come into force in 2020.
IHS Markit’s chief executive said that it could not reach an agreement on the value of the post-trade derivatives processing business.
This year has seen some of the biggest deals inked between major players, shaking up the market structure and bringing with it a potentially huge impact on the future of trading. The TRADE reviews the mergers and takeovers that are already causing a stir in the industry.
IHS Markit has bought Ipreo from Blackstone and Goldman Sachs Merchant Banking Division for almost $1.9 billion.
Goldman Sachs is among seven major derivatives dealers to use MarkitSERV services to process SOFR transactions.
IHS Markit is the latest to gain approval to act as a benchmark administrator under the European Benchmark Regulation.
MarkitSERV expands in Asia and Europe with connection to CME Group’s trade repositories.
IHS Markit will buy Ipreo from Blackstone and Goldman Sachs Merchant Banking Division for $1.9 billion.
New futures contracts are expected to launch in Summer this year and will be listed and traded on Cboe Futures Exchange.
DeriveXperts provides daily and monthly calculations of assets considered to be difficult to value.