See here for an article by Gordon Allott of Broadpeak, which provides an insight into some of the goings on in the world of REMIT. The article outlines some of the tension between the various parties involved, i.e.
Discussions on the issues surrounding clearing for buy-side and options for the future to alleviate those issues including: self clearing/direct access, diversifying risk profile to CMs, new products (ETD and/or OTC) and managing collateral.
As MiFID II looms large, swathes of the markets for financial instruments are being completely remade.
Today's world of centrally-cleared OTFs, SEFs, centrally-cleared and non- centrally cleared OTC derivatives is growing ever more complex, and a comprehensive understanding of regulatory, documentation and risk requirements is now vital for OTC derivatives market counterparties
After the financial crisis in 2008, the simple definition of Collateral Management as a set of assets which should hedge the credit risk of financial transactions gained a new dimension. Constant development in Collateral Management had to move to the next level. With nine years of thorough market research, Fleming Europe has built a name for itself as an event organizer which follows Collateral Management trends, understands the market and its needs and offers professionals space to discuss issues weighing the current market down and to improve the prospects for scenarios of all kinds towards a brighter future.
Is there a future for many websites who survive through (annoying) advertising?
Regulatory Updates, Operational Strategies, and Technology Developments for 2015 and Beyond
17 CFR Part 45 Amendments to Swap Data Recordkeeping and Reporting Requirements for Cleared Swaps
You need to be eagle eyed to read through this, but some of the feedback included issues like:
Implementation of global financial regulations is profoundly impacting flows of liquidity and collateral worldwide. Regulatory requirements, combined with increased interconnectedness between market segments and players, have made collateral processing significantly more complex. In response, market participants are developing new solutions and creating new industry best practices in order to remain competitive in the new world.
The on-going debate between the US and EU approach to client margin and liquidation periods has resulted in this call for information from ESMA.
We presented some of Message Automation’s experiences with our trade reporting clients in Europe, North America and Asia.
“Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” ― Winston S. Churchill, Their Finest Hour
Palgrave Macmillan are offering 40% off more than 700 professional books, available for a limited time.
JWG analysis. This month, ESMA published four reports in which they outlined the modifications that they believe are needed to the EMIR legal framework. JWG have had a look and, below, we pick out five key changes that are being proposed.
The Dodd-Frank requirements for SEFs ushered in a new wave of market technology and big changes to market structure. For firms that have been willing to participate, and quick to adapt they are seeing volumes increase on the exchanges as well as more streamlined trading.
Palgrave Macmillan will be publishing the book 'Sustainable Financial Investments' this month. Registered OTCS Space readers can recieve a 30% discount.
Are you an OTC Derivative Clearing specialist who has an interest in interest rate derivatives?