Natixis Obtains Eurex’s CCP & EurexOTC Clear Membership
- The corporate subsidiary of Banque Populaire et Caisse d'Epargne (BPCE), Natixis, has become the newest member of Eurex Securities’ Lending Central Counterparty (CCP) and EurexOTC Clear.
The corporate subsidiary of Banque Populaire et Caisse d'Epargne (BPCE), Natixis, has become the newest member of Eurex Securities’ Lending Central Counterparty (CCP) and EurexOTC Clear.
Natixis found itself facing an unfamiliar situation back in September when the UK's Financial Conduct Authority (FCA) issued a warning on its website against a fraudster using the details of EEA Authorized company, Dupont Denant Contrepartie S.A, a clone of Natixis.
Eurex is part of the Deutsche Börse Group, granting Natixis a number of advantages such as an integrated cross-product clearing service designed for streamlined securities lending, repo and derivatives.
According to Gregoire Froehlich, trader in securities lending and borrowing at Natixis, in a recent statement on the membership, "The CCP model for Natixis will not only help manage the rising burden of balance sheet Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term and costs, we believe it will also prompt new stock-lending structures and business opportunities with non-standard profile counterparties."
"Going live with EurexOTC Clear is a key milestone in our strategy of offering our clients a large choice of CCPs ahead of the EMIR mandatory clearing roll-out. We are delighted that capital efficiency, cross margining and collateral management mechanisms proposed by EurexClearing are now available to both Natixis and its clients," added Nicolas Chauvet, Head of Derivatives, Treasury and Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Operations at Natixis.
The corporate subsidiary of Banque Populaire et Caisse d'Epargne (BPCE), Natixis, has become the newest member of Eurex Securities’ Lending Central Counterparty (CCP) and EurexOTC Clear.
Natixis found itself facing an unfamiliar situation back in September when the UK's Financial Conduct Authority (FCA) issued a warning on its website against a fraudster using the details of EEA Authorized company, Dupont Denant Contrepartie S.A, a clone of Natixis.
Eurex is part of the Deutsche Börse Group, granting Natixis a number of advantages such as an integrated cross-product clearing service designed for streamlined securities lending, repo and derivatives.
According to Gregoire Froehlich, trader in securities lending and borrowing at Natixis, in a recent statement on the membership, "The CCP model for Natixis will not only help manage the rising burden of balance sheet Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term and costs, we believe it will also prompt new stock-lending structures and business opportunities with non-standard profile counterparties."
"Going live with EurexOTC Clear is a key milestone in our strategy of offering our clients a large choice of CCPs ahead of the EMIR mandatory clearing roll-out. We are delighted that capital efficiency, cross margining and collateral management mechanisms proposed by EurexClearing are now available to both Natixis and its clients," added Nicolas Chauvet, Head of Derivatives, Treasury and Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Operations at Natixis.