Is Rule 606 hopelessly outdated and broken? RegOne's Weisberger examines the regulation and whether or not it is outdated and fails to require disclosure of the vast majority of all routing.
Registered investment advisers (RIAs) who trade electronically and need to clear their trades on a single platform can now tap into a bundled system.
The Depository Trust Clearing Corp. (DTCC) will be linking its clearinghouse operation - Margin Transit Utility - to Omgeo's newest front-end collateral management system ProtoColl.
Traders will now be able to execute orders and clear trades in equity index Exchange for Physical (EFP) securities transactions anonymously on Chi-X.
A guide to correspondent clearing firms as presented by Clearing Quarterly & Directory.
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.
The Chicago-based Options Clearing Corp., the largest equities derivative clearing firm, saw record clearing volumes in the first month of 2014.
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.
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.
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.