The clearing mandate, requiring central clearing of standardised OTC derivatives, is well and truly upon us. Despite this, there is clear concern as to whether OTC clearing will really make financial markets safer.
See here for a press release from TriOptima and DTCC about a reconciliation service between the DTCC TR and TriOptima.
The final installment of a series on the re-building of LIBOR
Eurex Trade Entry Services' Exchange For Swaps (EFS) Facility allows for the seamless off exchange execution of the Eurex Bond Futures leg of an IRS versus Bond Futures Euro Asset Swap trade.Here is an exampe of the Eurex Trade Entry Services' EFS
A reminder - come to our Christmas drinks on the 10th
Industry discussion over the loss-absorbing capacity of central counterparties has failed to consider the distinction between CCP risk and the risk of clearing members, a white paper from LCH.Clearnet has said.
Bill: People with long memories will know that LCH used to have an insurance policy as part of the Default waterfall, which fell away many years ago.
Senior changes at LCH
Following up on the previous post about the Financial Stability Board’s most recent Progress Report on Implementation of OTC Derivatives Market Reforms here we look at some of the more basic size-of-market data, including the amount of central cle
On 7 November 2014, ISDA published version 1.0 of its “Minimum Standards for the Future State of Margin Workflow” (the “Standards”), a working document designed to support practical implementation of the BCBS-IOSCO margin requirements for Non-Cent
Rick Enfield from Omgeo explains what the buy-side need to be doing, to prepare for existing and future regulatory change.
All standardized OTC derivative contracts should be traded on exchanges or electronic trading platforms, where appropriate, and cleared through central counterparties by end-2012 at the latest.
The continued drive to eliminate market abuse in financial markets is now focusing on the energy trading markets.
Jolly networking with The OTC Space team
We like to stay on top of market trends here at Clarus, and following-on from Amir’s blog yesterday on the sharp rise in uncleared, back-dated EUR IRS, I’ve been taking a look at my “alma-mater” – Cross Currency Swaps. As…