Credit Agricole outsources listed derivatives operations to asset servicing arm
CACEIS will also act as the main listed derivatives clearer for the French investment bank.
Derivatives
ESMA denies pension funds an extended clearing exemption
Pension funds will have to begin clearing OTC derivatives contracts on 17 August 2018, despite calls for a third extension.
The institutional investors roadmap to investing in Africa
Market participants gave their views on some of the core issues facing investors in frontier economies across Africa at Fund Forum Africa. But what were they?
African banks choose Thomson Reuters’ KYC system
The Org ID system is designed to enhance customer profiling and KYC requirements.
South Africa in T+3 settlement launch
The T+3 initiative will replace the existing T+5 settlement cycle
Middle East banks in $175 billion merger
The merger will create the largest bank in the UAE region.
Credit Suisse outsources post-trade derivatives operations to FIS utility
Credit Suisse has become the latest bank to outsource its post-trade derivatives operations to a utility operated by FIS.
EU frontloading requirement kicks in for asset managers
Certain fund and asset managers have begun the frontloading requirement set out in the European derivatives clearing rules.
LCH launches new portfolio margining service
LCH has launched a new portfolio margining tool for interest rate derivatives, aimed at providing collateral efficiencies to the market.
ICE develops repo-style rate futures
IntercontinentalExchange (ICE) is set to launch new interest rate futures contracts which allows short-term financing.