In response to the financial crisis that began in 2008, the leaders of the Group of Twenty (G20) nations agreed to a series of measures following concerns about systemic risks in over-the-counter (OTC) derivatives markets. The financial Stability Board (FSB) tasked with revamping the system initiated steps ranging from transparency of the over-the-counter (OTC) derivatives market, protecting against market abuse and mitigating systemic risk.
The new ISDA magazine is out
At the end of this year, the Basel Committee on Banking Supervision plans to finalize its Fundamental Review of the Trading Book (FRTB).
Posted by Norm Champ, Harvard Law School, on Thursday, October 22, 2015
Within the next 18 months, the impact of mandatory clearing and the margin on bilateral OTC trades will begin to reshape the OTC market.
Customising your home page - add and remove automatic feeds
The second edition of 'MA Dialogue': South Africa - A new partnership to manage the emerging need for Post Trade Control solutions; MA Community Group - next meeting alert
MiFID II v EMIR, different objectives call for a different approach - says Dan Simpson, Regulatory Research Analyst at JWG Group; Incoming Clearing Reports; User & Community Group - April 2015 Review; From mining to derivatives via the Big Apple - James Beattie profile, and much more.
The Field Effect are looking for Business Analysts with a view to starting either in late November 2015 or the beginning of 2016.
Battle of the Quants Worldwide
Tuesday 27th & Wednesday 28th October 2015: London
FFK exists to encourage and support professionals in the Derivatives and Trading industry to support children’s charities around the world. The event is on the 12th November at One Moorgate Place and is in support of FFk.
Emerging markets, emerging technology, emerging regulation, emerging asset class
Hedging and Discounting Euro Swaps with a Secured Benchmark - Eurex's EUR Secured Funding Futures allows for the hedging and trading of GC Pooling repo rate for up to 7 months forward (first five ECB Maintenance Periods) and offers an ability to h
Consortium to launch trading of Short and Long-Term Rate Futures (STIR futures in Euribor and Short Sterling and Long Term Interest Rate (LTIR) futures in Bund, Bobl, Schatz and Gilts. Michael Davie steps up to become Head of Rates products for LSEG. New venture launched with a number of major dealer banks and the Chicago Board Options Exchange. Short Term and Long Term Interest Rate Futures to be offered in first phase
The discipline of risk management has become more complex and diverse than ever, driven in large part by new regulatory mandates, an explosion of technological and financial innovation and the growing interconnectedness of global markets.
The derivatives market & regulatory change
Ensuring compliance and taking advantage of the opportunities arising
An ISDA Protocol takes the strain out of the re-documentation. The Protocol is an agreed non-negotiable set of amendments which market participants can adhere to. You adhere once to the Protocol and check the website to monitor which of your counterparties have also adhered to those amendments. The Documentation between you and each adhering party is automatically amended as a result of you both adhering to the Protocol.
When I first delved into EMIR back in 2012, the importance of ‘equivalence’ didn’t even cross my mind, least of all how the global bit of all this OTC swap reform was going to play out.