The US regulator has provided guidance on the transfer of uncleared legacy swaps.
EuroCCP will provide post-trade services to EU-based entities of three UK trading venues.
The reform of Emir establishes a supervisory committee within ESMA.
CCPs simplify the trade life cycle.
SwapClear added five currencies from Asia Pacific and Latin America.
Clearing had no change in market position despite Brexit according to LSEG 2018 results.
Each subsequent phase of the rollout pulls in more buy-side firms.
US trading venues, firms and CCPs will continue to provide services in the UK after Brexit.
Volatile markets force a need for higher margin.