Bats Chi-X Europe and Traiana announce link of services, enabling OTC equity trade clearing
LONDON – 10 February 2016 – BATS Chi-X Europe (BATS), Europe’s largest stock exchange, and Traiana, a leading provider of pre-trade risk and post-trade processing solutions, today announced a joint service that will extend OTC equity trade CCP ...
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ICAP plc - Trading Statement
Transaction with Tullett Prebon on track Solid growth in the Post Trade division Continued investment in new product initiatives Market conditions remain challenging London, 9 February 2016 - ICAP plc (IAP.L), a leading markets operator ...
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TABB FORUM: Ted Bragg speaks with Alex Tabb about ICAP Sponsored Access Matching
ICAP Managing Director, Ted Bragg speaks with Alex Tabb in a video interview at the TABB Forum Fixed Income 2016 event about the current liquidity challenges in the fixed income market. ICAP is bringing to market the ICAP Sponsored Access Matching (I-SAM) solution which through its partnerships with broker dealers, allows the buyside to access existing liquidity through liquidity pools and a matching model that they previously haven't had access to.
FierceFinance: ICAP plans to offer sponsored access to buy-side firms
In depth article by FierceFinance on the new I-SAM (ICAP Sponsored Access Matching) service which ICAP is planning to roll out to give buy-side firms access to ICAP's inter-dealer liquidity pool through sponsorship by a dealer. The service, which will be offered initially in credit markets, is intended to address some of the liquidity challenges the credit markets are facing.
The Redback Reporter: Platform profile- EBS Market
Darryl Hooker, Co-Head of EBS BrokerTec Markets, speaks to The Redback Reporter about EBS’s strategy to ensure it leads the way in e-traded offshore Chinese renminbi (CNH).
FOW: Obstacles to Europe’s reporting vision
Almost two years since new reporting rules were introduced in Europe, major hurdles remain to achieving their underlying regulatory objectives. Unique trade identifiers (UTIs) have caused particular issues. David White, product marketing executive at triResolve, believes there are two underlying problems: "First, the complexity and diversity of the OTC derivatives market – in terms of execution protocols, instruments and systems – makes it hard to implement and present UTIs consistently. Secondly, there is often confusion over which counterparty should generate the UTI despite clarification and guidance both by Esma and ISDA (the International Swaps and Derivatives Association)."
ISDA Quarterly: 10 Questions with Michael Spencer
In the January 2016 issue of the ISDA Quarterly, Michael Spencer, group chief executive at ICAP, discusses the recent deal to combine ICAP’s voice and hybrid broking and information business with Tullett Prebon, the potential for post-trade services and the impact of regulatory change.