ICAP and Clarus announce new data service for OTC derivatives

ICAP plc (IAP.L), a leading markets operator and provider of post-trade risk mitigation and information services, and Clarus Financial Technology, a provider of services to the global derivatives market, today announce a new OTC data service offered by the two groups. Under the new agreement, Clarus will distribute ICAP’s award-winning benchmark derivative pricing within Clarus’ […]

Swap Margin check in 10 milliseconds

London, November 4, 2013 – Clarus Financial Technology today announced the release of its CHARM product, for pre-execution or pre-clearing acceptance checks of Interest Rate Derivative trades. CFTC Regulation 1.73 states that Clearing FCMs accepting orders for automated execution on a SEF, need to use automated means to screen orders for compliance with risk-based limits. […]

SDRFix, a new index for a post-reform world

London, September 11, 2013 – Clarus Financial Technology today announces SDRFIX, a new index for a post-reform world. The SDRFIX index is based on actual transactions data sourced from the US Swaps Data Repository (SDR), DTCC DDR. This new index complies with the recommended practices specified in the IOSCO paper “Principles for Financial Benchmarks “, […]

Real-time reporting of Swap transactions in SDR View

London, September 4, 2013 – Clarus Financial Technology today announced the release of SDR View Professional, a new version of its Swaps Data Repository viewer application. The DTCC DDR real-time dissemination dashboard has been publicly reporting all OTC Derivatives transactions that are required to be reported under the Dodd-Frank Act. Until recently all trades were […]

Tod Skarecky to head US business

London, August 14, 2013 – Clarus Financial Technology today announced that Tod Skarecky has joined the firm to establish a presence in the United States. Amir Khwaja, CEO of Clarus Financial Technology explains, “Our focus on OTC Derivatives regulatory change, means that the United States is a key market for us. The Dodd-Frank Act implementation […]

Clarus Financial Technology Launches SDR View

London, May 14, 2013 – Clarus Financial Technology today announced the release of SDR View, its Swaps Data  Repository viewer application. This is publicly available at https://www.clarusft.com/sdr-view/ The DTCC DDR trade repository has been set-up to publicly disseminate all OTC Derivatives trade activity that is required to be reported to a Swaps Data Repository (SDR) […]