Clearinghouse news from FierceFinanceIT

Does the CME Group have a chance in the nascent CDS clearing market? It certainly remains the underdog. The IntercontinentalExchange, known as ICE, has leaped out of the gate to a big advantage. It... Read more...

So what's the best way to build trading volume on a fledgling platform? The best method, it would appear, is to give broker dealers some skin in the game, that is, giving them an opportunity to... Read more...

We've noted recently that some people thought a CDS clearinghouse could be launched as early as this month. The Fed, the SEC and the CFTC certainly want to make this happen. They just signed an... Read more...

We've been discussing the various proposals to automate clearing and settling of credit derivatives fairly frequently, as of late. We noted last week that one or more could be up and running as soon... Read more...

Many people assume that automated clearing is something that has been in place for some time across all markets--as it has long been for stocks. But the recent blow up of the CDS market has... Read more...