New cash-settled index futures to arrive in January
The venture aims to enhance collateral mobility and liquidity
Proposals out for comment until Dec. 24
Volume must increase for market players to fully realize the benefits of the system
HOOPP is the first buy-side participant to use the new platform
A new membership category, Limited Clearing Members, would allow certain buy-side firms to clear cash or repo trades directly through CDCC
European securities regulators have given their blessing to a couple of the TMX Group’s clearing businesses to operate as central clearing counterparties in the region
The changes are intended to bring the rules in line with principles developed by global regulators
Industry consultation finds unanimous support for move, IIAC says
Rating agency considers Canadian derivatives clearinghouse “core” to TMX Group