Mizuho Bank has gone live on LCH SwapAgent as a member, having processed its first cross-currency swap through the service. According to a story in The Trade news, Mizuho Bank will be able to benefit from SwapAgent’s offering including centralized trade processing and optimization. “Joining SwapAgent as a member is crucial for us to be able to offer our own clients an enhanced service that improves standardization and efficiency in the cross-currency swap market, as well as reduces operational and credit risk. We look forward to unlocking these capabilities through SwapAgent,” said...

FIF is pleased to welcome Tradition Securities and Derivatives to the FIF Community.

FIF is excited to announce our annual Chicago event, sponsored by Cboe Global Markets. The event will take place on October 9th at Cboe's offices at 433 West Van Buren Street, Chicago, IL 60607. Registration in the lobby begins at 2 pm CT. The panels will be from 3-4:30 pm CT with refreshments and networking afterwards from 4:30-6 pm CT. FIF would like to thank Cboe Global Markets for sponsoring and its continued partnership on this annual event. FIF will send follow-up notes when the panels and  speakers have been announced and the registration page has launched.

On July 17 FIF submitted a follow-up letter to the Treasury Department’s Office of Financial Research requesting clarification on various issues and questions relating to the new requirement to report repos that are executed bilaterally and not centrally-cleared. FIF would like to thank the members of the OFR Repo Reporting Working Group for their contributions in the drafting of this letter.

The next call for the OFR Repo Reporting Working Group will be on Monday July 22 at 11 am ET. The Working Group will discuss issues and questions from FIF members relating to the new requirement to report repos that are executed bilaterally and not centrally-cleared. The Working Group will also discuss cross-border scenarios.

FIF has scheduled the next call for the Rule 606 Working Group for Monday July 22 at 2 pm ET. The Working Group will discuss issues and questions from FIF members relating to Rule 606(a) reporting for equities and options.

FIF has scheduled a call for the Digital Asset Securities Working Group for Tuesday July 23 at 10 am ET. Shawn Sloves of Fundamental Interactions will discuss current challenges for short sales for digital assets and potential approaches for addressing these challenges.

The Back Office Committee will have its next call on Tuesday July 23 at 11 am ET to review applicable FICC, DTC, NSCC, SEC, MSRB, OCC, IRS and FINRA updates during the past month.

FIF has scheduled two calls this week for the Short Sales / Reg SHO / Short Reporting Working Group. The first call will be on Tuesday July 23 at 2 pm ET; the second call will be on Thursday July 25 at 2 pm. During the first call, a representative from Bloomberg will review a product being developed by Bloomberg to assist firms in identifying Threshold A and B securities and registration status pursuant to Section 12(b), 12(g) and 15(d) of the Exchange Act. During both calls, the Working Group will review a draft follow-up FIF letter to the SEC relating to the implementation of short...