December 2014

'Articles' The Height of Absurdity: The Operation of the Government Hinges on Blanche Lincoln’s Brainchild 12 December 2014 | Streetwise Professor Feed

There’s a whole lotta stupid in Frankendodd. A whole lot. The SEF Mandate is at the top of the list, but the “Swaps Pushout” isn’t far behind.

'News' Eurex backs GMEX's swap future with listing and clearing deal 11 December 2014 | The Trade News Feed

Swap futures platform GMEX has struck a deal with Eurex to list its products on the German futures exchange, with a view to go live in early April.

'Articles' Ensuring CCPs are not TBTF 10 December 2014 | ISDA Feed

Last month, ISDA issued Principles on CCP Recovery, a short paper that crystallizes and makes recommendations on the adequacy and struct

'Articles' CDS clearing – The looming mandate 09 December 2014 | Risk Magazine Feed

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Sponsored Q&A: LCH Clearnet

'News' 07Dec/December 2014 Quarterly Review: Buoyant yet fragile? 07 December 2014 | BIS Feed

BIS Quarterly Review - 7 December 2014 (BIS Press Release)

Bill: One of the main sources of solid data about the capital markets is the BIS review, the latest of which can be reached via the link below. OTC highlights include:

'Articles' Hit the Road, State Street 07 December 2014 | Streetwise Professor Feed
'News' TriOptima DTCC reconciliation tool 05 December 2014 | Energy Trading Regulation Feed

See here for a press release from TriOptima and DTCC about a reconciliation service between the DTCC TR and TriOptima.

'Articles' Reference Rates Upgraded to all new Avatars (Part 3 of 3) 05 December 2014 | Pat Aditya

The final installment of a series on the re-building of LIBOR

'Articles' Dealers have the last word on derivatives notionals 05 December 2014 | Risk Magazine Feed


'Events' OTC Space Christmas Drinks | Be There 04 December 2014 | Jane Collins

A reminder - come to our Christmas drinks on the 10th

'News' LCH calls for rethink of CCP default funds 04 December 2014 | The Trade News Feed

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.

'Articles' GCSA Capital: the CCP underwriter 04 December 2014 | Risk Magazine Feed

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.

'News' Michael & Martin Move Up | Changes at LCH & Euroclear 04 December 2014 | Bill Hodgson

Senior changes at LCH

'News' ESMA to cooperate with regional regulators on Australian CCPs 04 December 2014 | ESMA Feed

'Articles' Over the Counter (OTC) Derivative Markets – How Big and How Cleared? 03 December 2014 | John Kiff Feed

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

'Articles' ISDA Highlights Impact of Non-Cleared Margin Rules 02 December 2014 | DRS LLP Feed

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