Interest Rate Derivatives

• 

  National Stock Exchange Extends Trading Hours For Interest Rate Derivatives Till 5 PM

  The National Stock Exchange has extended the market trading hours for interest rate derivatives to 5 pm IST (1100 GMT), effective Feb. 23, the Indian stock exchange said in a notice on Tuesday.

• 

  Sensex Closes Above 36,000, Nifty Settles At 10,858: 10 Things To Know

  The domestic stock markets posted their highest close in two months by rising more than 1 per cent on Thursday, amid expectations that the US Federal Reserve would slow its pace of interest rate increase. Bombay Stock Exchange (BSE) benchmark index Sensex settled at 36,170.41, up 453.46 points or 1.27 per cent from the previous close, and the Nifty...

• 

  Banks That Offer 7% On Your Savings, Higher On FDs

  Fincare, ESAF and Utkarsh small finance banks enable depositors to derive maximum out of their savings and fixed deposits (FDs)

• 

  CBI Seeks Details From Sebi On NSE Co-Location Issue

  The Reserve Bank has also asked Sebi whether "the alleged short-comings in NSE's system architecture" pertained to operations of the exchange traded currency and interest rate derivatives

• 

  Bourses to Launch New 6-Year, 13-Year Government Bond Futures

  Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will introduce on Friday new interest rate futures (IRFs) contracts with the newly launched 6-year and 13-year government bonds.

• BSE continues fee waiver for currency, interest rate derivatives

  BSE had announced waiver of transaction charges on trades in the currency and interest rate derivatives for a period of six months from November 29, 2013 to May 28, 2014.

• CPSE ETF can invest up to 10% of corpus in derivatives

  Fund managers of the CPSE Exchange Traded Fund (ETF), comprising shares of 10 bluechip firms, will be allowed to invest up to 10 per cent of the Rs 3,000 crore corpus in derivative products like stock futures and interest rate swaps.

• BSE to launch interest rate, equity derivatives by January

  Announcing this plan, BSE managing director and CEO Ashishkumar Chauhan also said bourse's primary objective is capital formation for India.

• Over-the-counter trades to be reported to clearing body: RBI

  All over-the-counter transactions by banks in currency swaps and interest rate derivatives will have to be reported to the Clearing Corporation of India Ltd (CCIL) effective December 30, the Reserve Bank of India (RBI) said on Wednesday.

• BSE to launch currency, interest rate derivatives in December

  BSE will become the fourth player in currency derivatives in India, after the National Stock Exchange, the MCX Stock Exchange and United Stock Exchange, in which BSE has a 15 per cent stake.

• Markets need global watchdog group with power, officials say

  The European Union and United States are trying to iron out differences between each other's rules to regulate the $630 trillion market for off-exchange traded derivatives like credit default swaps and interest rate swaps.

• Stock markets may remain volatile on RBI move, derivatives expiry

  Indian stock markets are likely to remain volatile this week as investors come to terms with an unexpected hike in interest rate by the Reserve Bank of India (RBI) and portfolio churning ahead of the September derivatives contract expiry, according to experts.

• Trading bands for government bonds removed for Tuesday: trading body

  The move is likely in anticipation of a spike in Indian bond yields after the Reserve Bank of India late on Monday announced measures to manage volatility in the rupee, including lifting two interest rates by 200 basis points each and a planned sale of Rs. 12000 of government bonds on July 18, dealers said.

• How the Libor scandal unfolded

  Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a scandal over rate rigging. Libor rates are based on daily estimates from a group of banks as to how much they would expect to pay to borrow funds from each other...

• Barclays CEO Bob Diamond quits, a day after chairman resigns

  Barclays chief executive Bob Diamond suddenly quit on Tuesday over an interest rate-rigging scandal that threatens to drag in a dozen more major lenders. Diamond's resignation was a sudden reversal, hours after the American said it was down to him to clear up the mess at Britain's third-largest bank, fined nearly half a billion dollars for its part...