News Centre

Hazeltree Responds To Client Demand For Determining UMR Compliance With Hazeltree AANA Estimator™

Date 05/05/2021

Hazeltree, the leading provider of integrated treasury management and portfolio finance solutions for investment managers, announced today the launch of Hazeltree AANA Estimator™, in response to client demand. By September 2022 an estimated 1,000 buy-side firms may meet the threshold for regulatory UMR (Uncleared Margin Rule) Phases 5 or 6 compliance. AANA (Average Aggregate Notional Amount) is the metric which determines whether a firm falls within the scope of the mandate. Hazeltree’s AANA Estimator can utilize a firm’s internal data, or data from their counterparties, to perform this critical calculation.  Hazeltree AANA Estimator is available immediately as a dynamic widget within Hazeltree’s collateral management solution.

Moscow Exchange: Risk Parameters Change For The Security ATVI-RM

Date 05/05/2021

As per the Securities market risk parameters methodology, on 05.05.2021, 15-15 (MSK) the upper bound of the price band (up to 7356) and initial margins (up to 18.75 %) for the security ATVI-RM were changed. New values are available here

U.S. Department Of The Treasury: Quarterly Refunding Statement Of Deputy Assistant Secretary For Federal Finance Brian Smith

Date 05/05/2021

The U.S. Department of the Treasury is offering $126 billion of Treasury securities to refund approximately $47.7 billion of privately-held Treasury notes and bonds maturing on May 15, 2021.  This issuance will raise new cash of approximately $78.3 billion. 

Tradeweb Reports Volume Of $19.3 Trillion In April

Date 05/05/2021

• Average daily volume (ADV) for the month was $896.8 billion (bn)1, an increase of 17.5 percent (%) year over year (YoY). Average daily trades for the month totaled 57,837.
• In U.S. Credit, Tradeweb captured 21.7% of U.S. High Grade TRACE share and 8.9% of U.S. High Yield TRACE share, with fully electronic activity of 11.7% and 4.8%, respectively—all records for the platform. In addition, U.S. High Yield ADV was a record.
• There is a marked change in client behavior from prior to the pandemic as participants integrate newer execution protocols and advanced trading technologies that allow for more efficient price discovery and enhanced automation into their trading workflows. For example, U.S. Treasury volumes saw year-over-year growth, despite Primary Dealer and TRACE data showing overall market volumes easing. Furthermore, Institutional swaps SEF market share grew over 500bp vs April 2020 according to ClarusFT data.

Tehran Stock Exchange Bulletin - April 2021

Date 05/05/2021

Click here to download Tehran Stock Exchange's monthly bulletin.

Bank Of England - Mutual Interests - Speech By Sam Woods, Deputy Governor For Prudential Regulation And Chief Executive Officer Of The Prudential Regulation Authority, Given At The Building Societies Annual Conference

Date 05/05/2021

Sam Woods sets out how we plan to regulate building societies in the future.

He starts by explaining our proposals for a new ‘strong and simple’ regime for small building societies.

CME Group Declares Quarterly Dividend

Date 05/05/2021

CME Group Inc., the world's leading and most diverse derivatives marketplace, today declared a second-quarter dividend of $0.90 per share.  The dividend is payable June 25, 2021, to shareholders of record as of June 10, 2021.

Cloud9 Partners With Custodia To Deliver End-To-End Voice Recording Capture And Compliance

Date 05/05/2021

Cloud9 Technologies ("Cloud9"), a leader in cloud-based communications, has partnered with Custodia, the global experts in compliance management, to provide institutional investors with a compliance framework that includes a cloud-based, turn-key solution for capturing and storing voice, video and IM communications. The partnership combines Cloud9’s C9Trader Stratus voice communication and analytics platform with Custodia’s Compliance Cloud One℠ and Custodia Assist℠.

BCBS, CPMI And IOSCO Survey Clients And Non-Bank Intermediaries On Margin Calls

Date 05/05/2021

• Standard-setters invite market participants to complete a voluntary survey on margin calls
• Survey is part of an examination into liquidity shortfalls during the early stages of the Covid-19 pandemic
• Results will feed into work programme to improve the resilience of non-bank financial intermediaries

EACH Publishes Its New Paper: "Best Practices In CCP Credit Risk Management"

Date 05/05/2021

Today the European Association of CCP Clearing Houses (EACH) is publishing its paper on "Best Practices in CCP Credit Risk Management".