Tag:

Clearing

Latest Headlines

Latest Headlines

SEFs consolidation coming already

As the new Dodd Frank-created derivatives market was discussed, it soon became clear that just about every market participant out there wanted to become a swap execution facility (SEF), which struck

Goldman Sachs stops clearing for small accounts

Goldman Sachs ( NYSE: GS ) has stopped providing clearing services for smaller institutional accounts, reports Bloomberg. The firm seems to have raised its threshold for full clearing to accounts that

Goldman Sachs arbitration award looms large for prime brokers

Recall that back in July, an arbitration panel dropped a bombshell on Goldman Sachs (NYSE: GS ), ruling it had to pay $20.6 million for essentially not being an aggressive enough overseer of a big

Has the NYSE seized "first mover" status in CDS clearing?

The NYSE senses a huge opportunity in CDS clearing, as do a lot of competitors. Clearly, there's a regulatory imperative for central clearing mechanisms that would foster transparent reporting and