JD Supra

FX Forwards May Not Be Subject to Margining in the EU for Some Market Participants After All

The Council of the European Union (EU) has proposed an amendment to the European Market Infrastructure Regulation (EMIR) 1 that eliminates mandatory initial margin requirements for physically settled ...
The TRADE

CLS launches FX forward volume dataset

The CLS FX Forward Volume data product aims to provide users with an aggregated view of the FX forward market. Foreign exchange settlement provider CLS has confirmed plans to launch a new product to ...
JD Supra

CFTC Clarifies that FX Window Forwards are Not “Swaps”

On April 9, 2025, the Markets Participants Division and the Division of Market Oversight (collectively, the “Divisions”) of the Commodity Futures Trading Commission (the “CFTC”) published a Staff ...
The TRADE

LCH expands deliverable FX derivatives clearing with FX forwards

UK clearinghouse LCH has expanded its deliverable FX clearing service ForexClear to include FX forwards, building on the launch of its FX options clearing last year. LCH is now clearing FX forwards on ...