Cassini and Industry News
OTCX partners with Cassini Systems to provide a unique MIFID II compliant workflow and analytics solution for OTC trading
Cassini and OTCX, the fast growing, independent RFQ platform and trading network, today announced their partnership to offer Buy Side clients a new, fully integrated solution for OTC trading. The solution offers: • Best Execution; the combination of OTCX’s trading...read more
Eris Exchange, LLC (Eris) and Cassini Systems Limited (Cassini) announced today that Eris will offer analytical tools powered by Cassini that show end-users how to generate dramatic initial margin savings by replacing OTC Swaps with Eris Swap Futures, while retaining the risk exposure of the portfolio. See full story; http://finance.yahoo.com/news/eris-cassini-systems-partner-offer-123000238.html
CME Group, the world’s leading and most diverse derivatives marketplace, today announced it has cleared its first Interest Rate Swaption trade on April 11. Backed by strong support from buy and sell side market participants, swaptions clearing amplifies the unparalleled capital efficiencies offered at CME Group.
Five clearing members are approved to clear swaptions, including Barclays, BNP Paribas, Citi and RBS plc, with several additional firms working through the process to become approved swaptions clearing members.