Securities Derivatives

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  • BRUSSELS, July 6- The European Union should set up a mechanism to wind down troubled clearing houses, the new head of financial services at the European Commission said on Wednesday, setting out his priorities for the coming months. "Now that we have required more clearing of derivatives to be done through central counterparties, we need a system to resolve them if...

  • NEW YORK, July 5- The interest rate on U.S. five-year interest rate swap contracts and the yield on U.S. five-year Treasuries were briefly identical on Tuesday for first time since February in a global scramble for low-risk U.S. government debt. Dollar swap spreads have widened since Britain's vote to exit the European Union on June 22. "This is a shakeout...

  • July 1- Wall Street looked set to open little changed on Friday, the first day of the third quarter, as investors took a breather heading into a long weekend after a tumultuous week. U.S. stock index futures swung between small gains and losses as investors looked beyond the effect of Britain's vote to leave the European Union. Wall Street closed higher on Thursday...

  • WASHINGTON, June 29- The Commodity Futures Trading Commission would have stronger policing powers over the derivatives market, along with a boosted budget, under legislation introduced in the U.S. Congress on Wednesday. The bill, introduced by Democrats Elizabeth Warren and Mark Warner in the Senate and Elijah Cummings in the House of Representatives, also...

  • BRASILIA, June 29- Grupo BTG Pactual SA, Latin America's largest independent investment bank, will issue a different class of shares as part of a plan to spin off its commodities trading unit, according to a securities filing on Wednesday. The plan calls for the company's Banco BTG Pactual SA subsidiary to create three types of shares that Grupo BTG Pactual...

  • June 29- U.S. stock index futures were higher for a second day as the initial panic surrounding Britain's vote to leave the European Union settled and investors sought out bargains. *Wall Street closed higher on Tuesday as investors took stock of the impact of the vote on U.S. markets and strong data raised hopes of an economic recovery. *Investors are now pinning...

  • German Chancellor Angela Merkel, French President Francois Hollande (L) and European Union Commission President Jean-Claude Juncker.

    French president that it would be unacceptable for clearing— a crucial stage in trading of derivatives and equities— to take place in the UK.

  • June 27- U.S. stock index futures were lower on Monday as investors assessed the implications of Britons voting to leave the European Union, a decision that sparked a global selloff on Friday. *Wall Street marked its worst day in 10 months amid massive trading on Friday as investors who had pinned their bets on Britain remaining in the EU were caught wrong-footed.

  • LONDON, June 27- Shares in Britain's top banks suffered further deep losses on Monday as fears about the fallout from Brexit sparked a litany of earnings downgrades and sell-offs by shell-shocked investors. Shareholder anxiety about Britain's decision to quit the European Union escalated despite calls for calm from British finance minister George...

  • TOKYO, June 27- Japan will ensure liquidity in the yen and in foreign currencies if needed by tapping currency swap lines established among six central banks, Bank of Japan Deputy Governor Hiroshi Nakaso said on Monday. He saw no problems currently in market liquidity or in foreign currency funding among Japanese firms, but would continue to monitor the...

  • *Friday's $2 trillion global equity selloff biggest ever- S&P. NEW YORK, June 26- U.S. stock index futures eased slightly in early trading on Sunday after Britain's vote to leave the European Union sparked a sharp sell-off in global markets on Friday, wiping out over $2 trillion from world equities. There's a better time ahead for equities- it just isn't yet, "said...

  • TOKYO, June 27- U.S. stock futures dipped and the British pound fell more than one percent in early Asian trade on Monday, as markets struggled to shake off a swathe of uncertainty sparked by Britain's decision to leave the European Union. Among many questions Brexit has triggered are just how much UK and European economies will slow, how they will negotiate their...

  • June 26- With markets reeling after Britain's vote to leave the European Union, some on Wall Street expect cooler heads to prevail over the next several sessions as investors focus domestically on the outlook for the U.S. economy and company earnings. S&P 500, Dow Jones and Nasdaq index futures were each down about 0.5 percent shortly after 6:15 p.m. New York...

  • NEW YORK, June 26- U.S. stock index futures eased slightly lower in early trading on Sunday after Britain's vote to leave the European Union sparked a sharp selloff in global markets on Friday, wiping out over $2 trillion from world equity markets. S&P 500 e-mini futures were down 0.5 percent. Dow Jones industrial average e-mini futures fell 0.5 percent and Nasdaq...

  • NEW YORK, June 26- U.S. Treasury debt futures rose on Sunday in a signal that a risk-off mood is persisting among global investors in the aftermath of Britain's vote to leave the European Union. In early electronic trading on the Chicago Mercantile Exchange, 10- year Treasury note futures rose around half a point, or 0.38 percent, while 2- year note futures gained...

  • NEW YORK, June 26- U.S. stock index futures eased slightly lower in early trading on Sunday after Britain's vote to leave the European Union sparked a sharp selloff in global markets on Friday, wiping out over $2 trillion from world equity markets. S&P 500 e-mini futures were down 0.5 points. Dow Jones industrial average e-mini futures fell 0.5 points and Nasdaq...

  • WASHINGTON, June 24- The U.S. commodities regulator said on Friday it was monitoring the effects of Britain's vote to leave the European Union, and that the markets its oversees, which include derivatives, are functioning properly. "Following the United Kingdom's vote to leave the European Union, the CFTC is closely monitoring the derivatives markets and...

  • *Industry calls for EU- UK free trade post-Brexit. *Weaker pound shields UK- built cars, punishes importers. The auto industry was at the forefront of efforts by big business to persuade voters in Thursday's referendum to choose to stay- arguing that Brexit posed serious threats to UK economic interests.

  • LONDON, June 24- British markets plunged on Friday, with sterling hitting a 31- year low in its biggest fall on record and UK stock futures pointing to a steep fall at the market open after Britons voted to leave the European Union. Bonds also sold off sharply, pushing UK government borrowing costs sharply higher, as traders and investors grappled with the market...

  • *Futures on Wall St's VIX fear gauge jump. June 24- U.S. stock futures slid in premarket trading on Friday after Britain's vote to quit the European Union delivered the biggest blow to the global financial system since the 2008 financial crisis. S&P 500 futures and Nasdaq futures were down about 3.5 percent while those on the Dow Jones industrial average were off...