2015 is shaping up to be the year of the securities lending CCP; banks, agent lenders and beneficial owners are all now preparing themselves for this important market move.
As the CCP market continues to expand, with clearing houses offering an increasing number of clearable securities and netting efficiencies, there is an increased focus on the fate of OTC derivatives that are as yet unclearable.
Societe Generale is top house, BlueMountain's Feldstein lands lifetime award
Treasury secretary asked to examine the ‘serious risks’ posed by a collapse
February 4-6, 2015, St. Regis Monarch Beach Resort, Dana Point, CA
2014 was another year of unprecedented change, and 2015 is shaping up to be the same. We look back at some of the areas of focus for the OTC Derivatives and Securities Industry in 2014, and the areas we believe will dominate 2015.
This event will address the issues of greatest concern for firms: collateral availability, strategies to comply with regulations and dispute management. 20% discount for OTCS readers, see code within this article.
Global regulatory reforms have yielded multiple data problems, especially for collateral and margining management. This has caused an overriding demand for transparency.
Bill confirming margin exemption now needs President Obama's approval
Chinese financial markets had an important 2014. The highlight was undoubtedly the November launch of Hong Kong-Shanghai Stock Connect, a new cross-border investment channel. However, 2015 will be an even more significant year for Chinese market liberalization.
Bill: The ISDA 'stay' protocol serves a regulatory purpose in the US but has repercussions on the buy-side, which this article covers extensively.
Keep up with the pile of regulations for 2015
ASX begin reporting their activity on OTC IRS products
At the beginning of January it is customary for seasoned professionals (and other brave souls) to gaze into the crystal ball and share their predictions for the coming year.
Analytics seems to be a top priority for firms across industries—including those in the capital and commodity markets.
Today is the day when the REMIT Implementing Act goes into force. ACER have also announced that they will launch their “REMIT Portal” tomorrow (see here).
Market structure happenings have been fast and furious since 2009, and 2014 did not disappoint. Mandatory SEF trading finally began, fixed income electronic trading continued its steady incline, the current shape of the US equity market was once
Derivatives end users are concerned about the impact of new margin requirements for non-cleared derivatives, with a large number unsure whether they will even have to comply with the rules, according to new survey published today by the International Swaps and Derivatives Association, Inc. (ISDA).