Focus
June 2016
'Articles'
Light at the End of the (Channel) Tunnel
30 June 2016 |
Posted by Christopher Leonard, Akin Gump Strauss Hauer & Feld LLP, on Thursday, June 30, 2016
'Articles'
Will the EU Cut Off Its Nose to Spite Its Face on Clearing, Banking & Finance?
30 June 2016 |
'Articles'
Featured Article
European Open Access: The Reality
29 June 2016 | Bill Hodgson
In the European market the relationships between exchanges and CCPs are currently driven by commercial decisions, with MiFID 2, this is supposed to change.
'Articles'
Hollande heightens City Brexit fallout fears
29 June 2016 |
French president moves to block London clearing of euro trades
'Articles'
The impact of Brexit on your next cleared swaps margin call
28 June 2016 |
In the run-up to the Brexit vote, many firms trading OTC interest rate swaps were understandably worried about the impact of short term market volatility on the margin that they would need to post to their clearing houses.
'Articles'
BREXIT – The Impact on Swap Margin
28 June 2016 |
Given the large moves in Swap rates that we highlighted in our BREXIT Day One and Day Two blogs, I thought it would be interesting to look at the impact on Swap margins.
'Articles'
Unity Needed on Margin Timetable
27 June 2016 |
Harmonization and coordination are easy enough to identity as objectives, but harder to achieve. Regulators can take a lot of credit, then, for their efforts to develop a coordinated global margining framework for non-cleared derivatives.
'Articles'
Brexit threatens City of London: a Q&A
26 June 2016 |
London is the world centre of the complex plumbing of markets, but leaving the EU complicates that
'Articles'
Brexit: Epater les Eurogarchs
25 June 2016 |
Confounding all elite prognostication (more on this aspect below), British voters repudiated their self-anointed better-thans and voted to leave the EU.
'News'
25Jun/Statement from Agustín Carstens, Chairman of the Global Economy Meeting, on the implications of the EU referendum in the United Kingdom
25 June 2016 |
Statement from Agustín Carstens, Chairman of the Global Economy Meeting, on the implications of the EU referendum in the United Kingdom (25 June 2016)
'Articles'
The Day After Brexit
24 June 2016 |
Posted by Alec J. Burnside, Cadwalader, Wickersham & Taft LLP, on Friday, June 24, 2016
'Articles'
Brexit: Legal Implications
24 June 2016 |
Posted by Ben Perry, Sullivan & Cromwell LLP, on Friday, June 24, 2016
'News'
Delay to the EU Uncleared Bilateral Margin Rules
24 June 2016 | Bill Hodgson
Potential economic impact from a mis-match in timing of the new un-cleared margin rules between the EU and US (and the rest of the world)
'News'
Brexit and the Markets
24 June 2016 | Bill Hodgson
The best case scenario is that some or all of the EU regulations and laws which apply are transposed into UK law. Worst case, UK becomes an outsider and the focus for financial services moves on-shore into Europe.
'News'
Brexit – possible impact
24 June 2016 |
Last night the UK population voted to leave the European Union, by a narrow margin.
'News'
Statement on European Union referendum result
24 June 2016 |
A brief statement from the FCA - nobody really knows what the future for UK based financial services will look like.
'Events'
Featured Event
POSTPONED: Breakfast Briefing : How Does Risky Compression For Cleared Trades Create Value For Clients of Clearing Members?
23 June 2016 | David Hill
Clear Compress has created an innovative, on-demand approach to trade compression, offering an exciting new alternative for clearing members and clients of clearing members alike that can benefit from reducing gross notional and associated costs. In this interactive breakfast meeting we aim to address the barriers to compression and demonstrate whether the benefits are achievable.
'Articles'
Featured Article
Compressions Shrinking the OTC Space
22 June 2016 | Diana Higgins
New regulatory measures start to deliver benefits as efforts to reduce outstanding derivatives have achieved brilliant results in the last 18 months. By June 2015, the derivatives market had shrank to USD 553 trillion from its peak of USD 711 trillion in the first half of 2014. Aggregate compressions over the same period was of USD 265 trillion, three times as much as in the previous 18-months.
'Articles'
Artificial Intelligence in Post Trade: The Dawn of a New Era?
22 June 2016 | Patrick Thornton-Smith
I saw a news article recently about how high frequency trading firms are turning to artificial intelligence (AI) to improve their trading performance and profit. Two large companies were mentioned with each having a slightly different approach.