Depository Trust & Clearing Corporation (DTCC)
Q&A: Sandy Broderick, DTCC, on the Emir reporting avalanche
Surge in customer numbers caught the repository out, CEO admits
"What a mess": market reflects on start of Emir reporting
By any standards, Europe’s new reporting regime got off to a bad start. Many companies were not ready to comply; some repositories were not able to cope with those that were. Regulators, meanwhile, did not agree on what was in scope. Fiona Maxwell reports
DTCC backlog leaves corporates unable to comply with Emir
Two companies say they have not been able to report to the DTCC's repository, and stopped trading swaps as a result
DTCC users unable to access data after repository is overwhelmed
Emails to customers cite backlogs in rates and exchange-traded derivatives - users say repository has been "victim of its own success"
US energy firms facing Dodd-Frank trade reporting ‘nightmare’
Differing approaches of swap data repositories haunt energy companies trying to reconcile trades
The readiness of market community in Europe to report to trade repositories
Sponsored video Q&A: DTCC
Hedge funds face automation challenge
Automation challenge
IsdaFix faces rival based on swap repository data
New end-of-day benchmark is "much harder to manipulate" than industry standard IsdaFix
Double trade reporting burden for international banks in Hong Kong
The launch of an interim trade reporting service last week by the Hong Kong Monetary Authority has prompted complaints from banks over excessive operational requirements
Asic trade reporting rules seek convergence with international standards
Australian trade reporting rules to be in force by October
Banks struggling with European reporting rules
Reporting infrastructure built to fulfil Dodd-Frank requirements will need to be revamped to meet Emir standards, say banks
Data fragmentation hampers oversight
The G-20 had hoped the reporting of OTC derivatives trades would give regulators an opportunity to spot the build-up of systemic risk. But domestic reporting requirements, a lack of standard data formats and local privacy laws are preventing supervisors…
BNY Mellon announces eight new appointments
BNY Mellon has made several new hires across four businesses, including appointing Dean Sakati to head strategy for securities finance within global collateral services, and Mark Gonzalez as US chief operating officer for derivatives clearing services
Isda AGM: OTC trade reporting system in danger of fragmentation
The large number of trade repositories planned globally will reduce the quality of data, panellists warn
LGT Capital Partners opens China office
People moves
Risk Johannesburg: OTC data fragmentation prompts concern
South Africa's financial stability head warns it will be difficult to make use of data spread across multiple repositories – but South Africa may still set up its own database for rand-denominated trades
CFTC braced for litigation over swap reporting showdown
Rule 1001 would route trades cleared at CME exclusively into its swap data repository. The Depository Trust & Clearing Corporation claims the rule is a ruse to skirt Commodity Futures Trading Commission rules and monetise swap data. Now the lawyers are…
DTCC threatens lawsuit over CME SDR plan
Depository Trust & Clearing Corporation could take legal action to stop proposed rule that would force CME clearing customers to report to its own SDR
Asia regulators try to work together as trade repository regimes begin in 2013
The move to central clearing will generate a wealth of information on derivatives around the region – but making use of this requires both trade repositories and data sharing. Progress on both has been slow
HKMA mulls over charging for mandatory trade reporting service
The Hong Kong Monetary Authority has begun discussions with OTC derivative market players on whether to charge for use of its trade reporting service
Libor 2.0: The runners and riders
Libor 2.0: the runners and riders
Trade reporting pressure increases as CFTC deadlines loom
DTCC data repository has received provisional CFTC approval, just three weeks ahead of mandatory reporting for credit and rates, with forex reporting due to begin in January
Risk's 25th anniversary issue names 'Firms of the Future'
Looking ahead to a period of unprecedented change in derivatives markets, Risk's 25th anniversary issue has selected the companies it believes will do most to shape the future