I have had an enquiry from a US investment management firm, who is beginning to engage with SEFs.
Being a Qualified CCP will really matter very soon, and impact capital requirements if not.
Bill: Yet more competition for CME, Eurex are expanding their Exchange products, looking to grow their Exchange business.
Edition 2 coming soon - make sure you save your postal address into your profile
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REGIS-TR has become the first trade repository to report it has processed one billion derivatives trades since European trade reporting rules came into effect eight months ago.
Your chance to contribute to The OTC Space
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In the new world of mandatory OTC Clearing, daily mark to market valuations of Cleared IRS positions create funding cash flow requirements.
Norton Rose have updated their MiFID II/MiFIR guide on its application to commodities. It can be found here.
According to a story at eFN, ICE have made their chess move to position themselves to compete with a combined ETD & OTC clearing offering.
Since CME and Eris Exchange launched their swap-futures contracts in late 2012, the number of exchanges offering (or planning-to-offer) their own variations of the swap-future has grown.
Business knowledge essential
Major banks agree to a temporary suspension of close out rights in a default
This follows on the heels of closure of their US clearing service
What’s more important when you’re making career decisions? Is it your heart or your head?
Short term contract working alongside the OTC Space
Some pointed comments by the commissioner worth reading
Following the global financial crisis, the need for timely access to detailed and accurate data on derivatives activity gave way to a regulatory framework mandating reporting of derivatives trades to trade repositories under the auspices of the G20.
Hybrid products, and integrated default fund, and cross-margining, delivers maximum economic efficiency to customers