Sernova Financial Signs BBVA into its Clearing Utility
LONDON, January 15, 2018 Sernova Financial (Sernova), an innovative provider of post-trade derivative solutions, announce that it has partnered with Banco Bilbao Vizcaya Argentaria S.A. (BBVA), the multinational Spanish banking group. Sernova will provide technology and operational house and client post-trade derivative solutions to BBVA across [...]
White Paper: MiFID II a Bird’s Eye View of the Impact on Clearing
A different point of view on the impact of MiFID II on clearing Download the white paper
White Paper: Brexit and Clearing – Local, the new Global
A forward view on Clearing post Brexit. Download white paper
CCP Clearing – How is the Market Evolving? (Infographic)
This infographic explores current trends and perspectives in CCP clearing and how the market is evolving given the growing push to clear OTC products despite a shrinking number of global clearing firms. The data and quotes are taken from a recent DerivSource webinar, featuring panelists [...]
CCP Clearing Evolution: It’s All About Direct Membership
Sernova Financials Limited (Sernova) recently went live with its first client clearing through LCH SwapClear. DerivSource spoke with Richard Thompson, Sernova’s co-founder and chief operating officer, about sell-side clearing services realignment, the benefits of being a direct clearing house member, and Sernova’s role providing innovative infrastructure [...]
CCP Volumes: The next evolution of the FX Market?
The above graph shows the Cumulative Monthly Notional Value of LCH FX Notional Values. From September 1st 2016, the non-cleared margin rules have required many large banks to exchange initial margin on NDFs for the first time. As a result has caused a surge in LCH [...]