David Drake
Traders Magazine Online News

Why Bitcoin Continues to Rule the Crypto Market Despite its High Volatility

So, how does the highest profile cryptocurrency manage to stay on top of the market despite threats from regulators, hackers and even market pundits.

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Clearing Channel


What's the Takeaway From the Recent Options Volume Surge? You Still Have to Do Your Homework!

A higher volume level of cleared contracts does point to increased engagement among investors. Some options market participants have indicated that the uptick appears to be widespread across the industry.

Clearing and Prime Brokerage Systems Outdated, IBM Reports

Most of the clearinghouses and prime brokers are using outdated technology – and quite possibly leaving themselves mired in inefficiency and exposed to other market forces.

Euro Clearing Competition Debated

The European Union has proposed that systematically important clearing houses that clear euro derivatives have to be located in the trading bloc. The majority of euro interest rate swaps are cleared by LCH, which is owned by the London Stock Exchange Group, and the UK is leaving the European Union next year.


Guide to Correspondent Clearing Firms

A guide to correspondent clearing firms as presented by Clearing Quarterly & Directory.

Demystifying Dodd-Frank

Commissioner Scott O'Malia of the Commodity Futures Trading Commission (CFTC) is on a mission. He says the process of writing new over-the-counter derivative contract rules needs more transparency. Over the past year he has repeatedly called for more roundtables and public comment on how rules are written. Why is this important? Because these rules, among other things, will determine which OTC derivative contracts must go through a clearing process and which ones can continue to use the old bilateral, dealer-to-dealer model.

OCC Sees Record Clearing Levels

The Chicago-based Options Clearing Corp., the largest equities derivative clearing firm, saw record clearing volumes in the first month of 2014.

Brown Exits Omgeo, Arthus Steps In

Longtime Omgeo CEO and president Marianne Brown has stepped down from the Depository Trust & Clearing Corp. subsidiary and will be replaced by Paula Sausville Arthus.

SunGard's Cloud STP for Alternative Investments

Hedge fund managers, private equity firms and fund administrators looking to manage incoming and outgoing alternative investment data now have a cloud-based choice from SunGard.

ICE Trade Vault: 4.5M

IntercontinentalExchange Group's Trade Vault Europe, its European trade repository, processed roughly 4.5 million trades across energy, agricultural commodities, metals, credit, interest rates and equity derivatives its first day.