Credit derivative

ICE Clear Credit Adds Royal Bank of Canada as a Clearing Member

Retrieved on: 
Giovedì, Maggio 9, 2024
Data Analytics, Finance, Asset Management, Banking, Data Management, Professional Services, Technology, Fintech, Credit, Ecosystem, ICE Clear Credit, RBC, Royal Bank of Canada, ICE, MD, Intercontinental Exchange, CDS, Intercontinental, Credit derivative, Index

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Royal Bank of Canada (RBC), Canada’s largest bank by capitalization and designated as one of the global systemically important banks, has become a clearing member at ICE Clear Credit LLC, the leading global clearinghouse for credit default swaps.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Royal Bank of Canada (RBC), Canada’s largest bank by capitalization and designated as one of the global systemically important banks, has become a clearing member at ICE Clear Credit LLC, the leading global clearinghouse for credit default swaps.
  • ICE Clear Credit provides a comprehensive product offering, robust mark-to-market services and state-of-the-art risk management approach.
  • “RBC is one of the largest banks in North America and globally, and we’re very pleased to have them join ICE Clear Credit as a clearing member,” said Stan Ivanov, President of ICE Clear Credit.
  • For more information about ICE Clear Credit, please visit: https://www.ice.com/clear-credit .

Tradeweb Reports August 2023 Total Trading Volume of $33.0 Trillion and Average Daily Volume of $1.44 Trillion

Retrieved on: 
Mercoledì, Settembre 6, 2023
Professional Services, Finance, RFM, ADV, Federal, RFQ, Government, TW, ETF, Tradeweb, TRACE, Growth, Yoy, Credit derivative, Credit, SEF, Bank, Insurance, Security (finance), Palladium, European

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for August 2023 of $33.0 trillion (tn).

Key Points: 
  • Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for August 2023 of $33.0 trillion (tn).
  • Average daily volume (ADV) for the month was $1.44tn, an increase of 41.2 percent (%) year-over-year (YoY), including foreign exchange tailwinds.
  • Strong U.S. credit volumes reflected continued client adoption across Tradeweb protocols, including request-for-quote (RFQ), Tradeweb AllTrade® and portfolio trading.
  • Please refer to the report posted to https://www.tradeweb.com/newsroom/monthly-activity-reports/ for complete information and data related to our historical monthly, quarterly and yearly ADV and total trading volume across asset classes.

BioMech Holdings LLC Appoints Athanassios Diplas to its Board of Directors

Retrieved on: 
Giovedì, Aprile 13, 2023
Bankruptcy, University, Goldman, Senior advisor, ISDA, Deutsche Bank, Doctor of Philosophy, Science, Aristotle University of Thessaloniki, Wharton School of the University of Pennsylvania, CDS, Sport, Principal, Credit derivative, Widener University Commonwealth Law School, University of Wisconsin–Madison School of Education, Management, Security (finance), Dipla Se Sena, Astronomy, Physics, Athanassios Z. Panagiotopoulos

RICHMOND, Va., April 13, 2023 /PRNewswire/ -- BioMech Holdings, LLC , which develops and distributes real-time motion analytics that quantify and improve patient outcomes in the healthcare, sports, wellness, and industrial sectors, is announcing the appointment of Athanassios Diplas, PhD to its board of directors.

Key Points: 
  • RICHMOND, Va., April 13, 2023 /PRNewswire/ -- BioMech Holdings, LLC , which develops and distributes real-time motion analytics that quantify and improve patient outcomes in the healthcare, sports, wellness, and industrial sectors, is announcing the appointment of Athanassios Diplas, PhD to its board of directors.
  • In his capacity, Diplas will act in an advisory role, utilizing vast experience in global finance and science to provide strategic counsel as BioMech expands into diverse markets.
  • "Athanassios compliments BioMech's board by bringing decades of experience in science, and global finance to the table.
  • Athanassios will be instrumental in helping BioMech navigate towards further success," said BioMech Chairman and Founder Dr. Frank Fornari.

Mobilum Technologies Announces Changes to its Board of Directors Welcoming Senior Financial Industry Veterans

Retrieved on: 
Martedì, Gennaio 4, 2022
Partner, Scotiabank, Investment, Board, Founder, Credit derivative, SME, Company, JPMorgan Chase, State-owned enterprise, New Board, Financial services, Knowledge, Multimedia, OTC, FRA, Chionodes innox, FX, National bank, Board of directors, Social, Financial technology, CSE, Environment, PSP, VC, Payment Services Directive, Security (finance), Cryptocurrency, BC, ESG, Blockchain, Province

As the Director of Financial Services for Invest Alberta, her key responsibilities were directly related to increasing foreign direct investment into the Province's financial sector.

Key Points: 
  • As the Director of Financial Services for Invest Alberta, her key responsibilities were directly related to increasing foreign direct investment into the Province's financial sector.
  • Mobilum Directors Peter Green, Michael Devine, and Aleem Nathwani have stepped down from the Board and remain strategic advisors to the new Board and management.
  • Mobilum Chief Executive Officer, Wojciech Kaszycki commented, "I am very excited to have Kasha and Robert join the Board.
  • Mobilum Technologies Inc. (CSE:MBLM) (OTC:MBLMF) (FRA:C0B), a technology-driven Payment Service Provider (PSP) with a mission to make traditional finance accessible through digital payment infrastructure and digital asset management technologies.

KopenTech appoints Jill Scalisi as Chief Engagement Officer

Retrieved on: 
Martedì, Agosto 3, 2021
Finance, Money, Financial markets, Loans, Applicable margin reset, Brokerage firms, United States securities law, Financial Industry Regulatory Authority, Broker-dealer

LOS ANGELES, Aug. 3, 2021 /PRNewswire/ -- KopenTech, the online trading and analytics platform for structured products, and its wholly-owned subsidiary KopenTech Capital Markets LLC, a FINRA-registered broker-dealer and SEC-registered ATS, announced today the appointment of Jill Scalisi as Chief Engagement Officer.

Key Points: 
  • LOS ANGELES, Aug. 3, 2021 /PRNewswire/ -- KopenTech, the online trading and analytics platform for structured products, and its wholly-owned subsidiary KopenTech Capital Markets LLC, a FINRA-registered broker-dealer and SEC-registered ATS, announced today the appointment of Jill Scalisi as Chief Engagement Officer.
  • "We are excited to welcome Jill to the team as KopenTech strives to improve the market structure for CLO trading."
  • KopenTech is known for two platforms: KopenTech BWIC, the first electronic trading and analytics platform for CLOs, and KopenTech AMR, which hosts Applicable Margin Reset CLO refinancing auctions.
  • KopenTech is the largest online CLO trading network, and the company is planning several new product releases in 2021 -2022.

Results of the December 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

Retrieved on: 
Giovedì, Marzo 4, 2021
Finance, Money, Credit risk, Economy, Financial law, Financial markets, Systemic risk, Bank regulation, Derivative, Hedge fund, Credit derivative, Margin

Whereas price terms tightened slightly for all counterparties except banks and hedge funds, non-price terms eased on balance for all counterparty types.

Key Points: 
  • Whereas price terms tightened slightly for all counterparties except banks and hedge funds, non-price terms eased on balance for all counterparty types.
  • Looking ahead, a small net percentage of respondents expected overall terms to tighten over the December 2020 to February 2021 period.
  • Respondents also reported that initial margin requirements remained unchanged for almost all OTC derivatives except for credit derivatives referencing sovereigns.
  • The December 2020 survey collected qualitative information on changes between September 2020 and November 2020.

Results of the December 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

Retrieved on: 
Mercoledì, Marzo 3, 2021
Finance, Money, Credit risk, Economy, Financial law, Financial markets, Systemic risk, Bank regulation, Derivative, Hedge fund, Credit derivative, Margin

Whereas price terms tightened slightly for all counterparties except banks and hedge funds, non-price terms eased on balance for all counterparty types.

Key Points: 
  • Whereas price terms tightened slightly for all counterparties except banks and hedge funds, non-price terms eased on balance for all counterparty types.
  • Looking ahead, a small net percentage of respondents expected overall terms to tighten over the December 2020 to February 2021 period.
  • Respondents also reported that initial margin requirements remained unchanged for almost all OTC derivatives except for credit derivatives referencing sovereigns.
  • The December 2020 survey collected qualitative information on changes between September 2020 and November 2020.

EBA publishes final draft technical standards on indirect exposures arising from derivatives underlying a debt or equity instrument

Retrieved on: 
Venerdì, Febbraio 19, 2021
Credit risk, Financial law, Derivative, Credit derivative

19 February 2021

Key Points: 
  • 19 February 2021

    The European Banking Authority (EBA) published today final draft regulatory technical standards (RTS) specifying how institutions should determine exposures arising from derivative and credit derivative contracts not entered directly into with a client but whose underlying debt or equity instrument was issued by a client.

  • These draft RTS will ensure appropriate levels of consistency through different pieces of the regulatory framework for the calculation of large exposures.
  • These draft RTS propose a methodology for the calculation of indirect exposures for different categories of derivative contracts and credit derivative contracts with a single underlying debt or equity instrument, namely:

    In addition, they provide a separate methodology for the calculation of exposures stemming from contracts with multiple underlying reference names.

  • Furthermore, the draft RTS have been amended to align the proposed rules applicable to multi-underlying derivatives with a structure (i.e.

Results of the September 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

Retrieved on: 
Giovedì, Novembre 5, 2020
Financial law, Finance, Money, Economy, Financial risk, Financial markets, Credit derivative, Derivative, Over-the-counter, Credit risk

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    Results of the September 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

    4 November 2020

    Survey respondents reported an easing of credit terms and conditions over the June 2020 to August 2020 review period representing a partial reversal of the widespread tightening of credit terms and conditions observed in the previous two survey rounds.

  • Whereas price terms eased significantly, non-price terms on balance tightened for all counterparty types except banks.
  • Liquidity and trading deteriorated for credit derivatives referencing structured credit products as well as for equity and interest rate derivatives.
  • The September 2020 survey collected qualitative information on changes between June 2020 and August 2020.

Results of the September 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

Retrieved on: 
Mercoledì, Novembre 4, 2020
Financial law, Finance, Money, Economy, Financial risk, Financial markets, Credit derivative, Derivative, Over-the-counter, Credit risk

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    Results of the September 2020 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

    4 November 2020

    Survey respondents reported an easing of credit terms and conditions over the June 2020 to August 2020 review period representing a partial reversal of the widespread tightening of credit terms and conditions observed in the previous two survey rounds.

  • Whereas price terms eased significantly, non-price terms on balance tightened for all counterparty types except banks.
  • Liquidity and trading deteriorated for credit derivatives referencing structured credit products as well as for equity and interest rate derivatives.
  • The September 2020 survey collected qualitative information on changes between June 2020 and August 2020.