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Commerzbank joins LCH ForexClear as clearing member

The TRADE

Andrew Batchelor Andrew Batchelor, head of ForexClear, LCH, said: “Over the past 18 months, financial institutions from Europe, Asia and the US have joined us and chosen to clear their FX trades with us, and we have seen record volumes across our products. “We

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2024 needs to be the year of high-quality data.

Global Banking & Finance

By Tim FitzGerald, Financial Services Manager, InterSystems Banks and financial institutions need to make 2024 the year of higher-quality data.

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Mizuho becomes latest member to join LCH SwapAgent

The TRADE

Mizuho Bank has gone live on LCH SwapAgent as a member, having processed its first cross-currency swap through the service. As part of the move, Mizuho Bank will be able to benefit from SwapAgent’s offering including centralised trade processing and optimisation.

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Wells Fargo joins LCH ForexClear as clearing member

The TRADE

US-based bank Wells Fargo has become the latest clearing member to join LSEG’s LCH ForexClear. The bank has processed its first NDF trade through the service and becomes the third new clearing member to join LCH ForexClear in the past 12 months.

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Unpacking the 20 most impact financial regulations from the last 20 years

The TRADE

These regulations have significantly impacted the operations and behaviour of financial institutions, contributing to greater stability, transparency, and accountability in global financial markets. The years following 2008’s GFC experienced continued financial regulatory reform.

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Brazil’s B3 begins operation of cloud-based foreign exchange clearing house

The TRADE

B3’s foreign exchange clearing house was established in 2002 as the infrastructure responsible for the registration, clearing, settlement and risk management of foreign exchange transactions in Brazil. However, the potential product innovation would allow for automatic calculation, eliminating the manual phase.

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What is Organizational Development? (Overview, Definition, and Examples)

Peak Frameworks

Case in point: JP Morgan Chase utilized an OD strategy to manage the tumultuous transition during the 2008 financial crisis, demonstrating the potential of OD in the face of adversity. Change Management The financial sector is subject to constant change due to evolving regulations, market dynamics, and technological advancements.