LSE expects EBITDA margin of 55% by 2019 up from 46.5% in 2016. LSEG expects FTSE Russell and LCH OTC revenue to continue double-digit growth through 2017-2019.
Remarks of Acting Chairman J. Christopher Giancarlo before the International Swaps and Derivatives Association 32nd Annual Meeting in Lisbon, Portugal: Changing Swaps Trading Liquidity, Market Fragmentation and Regulatory Comity in Post-Reform Global Swaps Markets
On June 30 Greece missed a payment of €1.6 billion ($1.78 billion) owed to the International Monetary Fund. Greece has been negotiating with the IMF, European Central Bank and various European leaders on a package of fiscal reforms they are demanding before extending further credit to Greece.
The Intercontinental Exchange may be the first clearer to launch options on credit default swaps, and the exchange group plans to make a decision by the end of the year, the <
Europe will formally delay new capital rules for banks, as it continues to discuss with the U.S. over recognition of the latter as having “equivalent” rules to oversee clearing houses, the FT reported.
The International Swaps & Derivatives Association ruled that a succession event has occurred for credit-default swaps insuring debt of Banco Espirito Santo SA.
The International Swaps & Derivatives Association ruled that a succession event has occurred for credit-default swaps insuring debt of Banco Espirito Santo SA.