ITG chief steps down amid SEC probe

US agency brokerage faces possible record fine

BME to offer clearing for small banks

Exchange operator aims to help compliance with new derivatives rules

ITG may pay record $20.3m penalty to SEC

Brokerage faces fine for violations at prop trading pilot

State of the renminbi

China’s currency has come a long way in the past decade

LME accepts renminbi as collateral

Move is further boost for international use of China’s currency

Investors boost clearing of credit swaps

$5bn of trades so far this year overtake $4.4bn for all of 2014

An over-clever way to prepare for crisis

Making money from distress is not that easy, says John Dizard

Job Moves: who is hiring and where

The latest job moves and coverage of people making the news in the world’s financial capitals

Explainer: Blockchain and the markets

A closer look at the financial networks underpinning bitcoin

A trader looks at his screen as he works on the floor of the New York Stock Exchange shortly after the opening bell, in the Manhattan borough of New York January 24, 2014
©Reuters/Lucas Jackson

Banks team up for OTC swaps utility

Dealers aim to cut down margin disagreements

EuroCCP raises equities clearing capacity

Move comes after “exceptionally large” volumes in late 2014

Protect asset managers from doom-mongers

Regulators should calibrate their response to risk

Bitcoin’s blockchain catches Wall St’s eye

Wall St lured by efficiency promise of the technology behind bitcoin

Hong Kong regulator rejects voting change

Stock exchange told to rethink dual class shareholdings after opposition from global investors

ICE signs new Singapore clearing members

Derivatives exchange expected to launch before the end of 2015

Optiver pays $17m to end class action

Volatility spurs record annual profits at Dutch group

CFTC’s Bowen aims at corporate governance

Derivatives market regulator calls for more board accountability

Moody’s to reassess clearing house risks

Industry worries about new ‘too big to fail’ entities

Nigeria exchange to overhaul its markets

African bourse prepares to demutualise

Clearing houses do not eliminate risk

They can be centres of risk and sources of contagion