The race is on to find a suitable replacement for the CHF TOIS fixing by 01 September, 2013.
Hot on the heels of the MifiD OTF announcement, LSE are intending to get into electronic trading of Interest Rate Swaps, cleared at SwapClear. The service should go live in Q4 this year.
According to reports from inside Europe, the concept and reality of an Organised Trading Facility (OTF) will become a reality under MiFID 2 in the medium term future.
LIBOR. ISDAFIX. And now, from a different asset class; WM/Reuters (WMR). Fixing scandals are emerging one after the other. This week, informants announced that a systematic rigging of the WMR FX fixing rates was going on among the major banks.
Interesting article in TabbFORUM, being ready to clear by June 10th is not the same as being ready to manage a cleared swaps portfolio.
Following on from yesterdays article, I wanted to provide an update on Day 3, June 12.
Category II firms were required to clear Interest Rate Swaps from June 10th, as this deadline impacted a lot more firms than the prior March 11th deadline, I decided to look at what the DTCC SDR data shows, and whether the expected switch from Un-
A breaking story is the potential nomination for Gary Genslers replacement as Chair of the CFTC.
The 2013 Standard Credit Support Annex (SCSA) is now published following the ISDA Collateral Steering Committee's efforts for its development upon the request of the ISDA Board of Directors.
I think there's many will be disappointed this case didn't go further, it would have been illustrative to see whether BBG's lawyers could make an argument stick on how IM requirements are specified by regulators.
TriOptima announced that it will support data verification and portfolio reconciliation of DTCC's trade repository data as requested by triResolve clients' for their OTC derivatives portfolios.
Following on from the "Beat the Experts" thread, John Philpott posed some excellent questions on the diff
As we have just enhanced our SDR View tool to show Credit trades from DTCC DDR, I thought I would look into the CDS Index trading activity and how it had been impacte
In the webinar below the guys from DTCC clarify that a 'working day' at ESMA means a day on which none of the member states are on a public holiday - or conversely if any member state has a public holiday, ESMA doesn't count that as "working".
A new Sapient Global Markets study analyses the costs of clearing due to mandatory central-clearing through CCPs.
Useful roundup of the various legal 'protocol's being used to sort out compliance with the new regs. Update on ISDA Protocols | Dodd-Frank and the Law.
US DFA CFTC Addressing Overlaps Between EMIR and CFTC Derivatives Regulation, white paper via AIMA below. AIMA - Document Summary.