Opening up the market in South Africa: The need for speed part 2
Is your firm clearing NDFs? What you need is a smart way to transfer risk into a CCP to optimise your netting and margin
This chart shows without question what a disaster it would be if a legal or regulatory barrier is erected down the English Channel (French: la Manche, "The Sleeve"; German: Ärmelkanal, "Sleeve Channel"; Breton: Mor Breizh, "Sea of Brittany"; Corni
Make sure you put in your views on why capital for client clearing is an issue.
Exchange traded products such as futures and equities can show extreme volumes of transactions each day - could a distributed ledger support that level of throughput, given concerns over the complex consensus model for ledgers. Two new studies carry out detailed simulations to find the boundaries of ledger performance and show the way for future technology transformation in the capital markets.
Central clearing of standardized derivatives and margin requirements for non-cleared derivatives are two of the basic tenets of global financial regulatory reform.
REGTEK.SOLUTIONS WINS 2018 FUND SERVICES AWARD FOR ‘BEST COMPLIANCE AND REGULATORY SOLUTION’
Bill: ClarusFT put some distance between their platform built in the cloud from scratch and take a jab at 'legacy' vendors who have a history of software on the ground instead of up in the cloud(s).
The Financial Conduct Authority (FCA) today published two consultation papers, setting out its proposals in the event the UK leaves the European Union on 29 March 2019 without an implementation period. It also set out its approach to the regulati
ISDA, the Association of German Banks (Bundesverband deutscher Banken), the Italian Financial Markets Intermediaries Association (Associazione Intermediari Mercati Finanziari), the Banking and Payments Federation Ireland (BPFI), the Danish Securit
The inside story of DerivHack and how the ISDA CDM might be the beginning of something big
ISDA and law firm King & Wood Mallesons (KWM) have published a new whitepaper that sets out the steps for developing smart derivatives contracts, part of ISDA’s broader work to drive further standardization in derivatives markets and facilitat
As part of its efforts to understand the progress of and issued connected with derivatives market regulatory reforms, the Financial Stability Board (FSB) tasked its Derivatives Assessment Team (DAT) with analysing the impact of Group of 20 (G-20)
Rising concern among executives about access to clearing houses after Brexit
Bill: Epic consequences for UK CCPs in late November or early December if there is no Brexit deal enabling clearing into the UK. Worth a read.
You’ve probably seen the headlines about the trader who blew ‘€100m hole in Nasdaq’s Nordic power market’. This was a timely reminder of the potential impact of market defaults, coming as it did 10 years after the failure of Lehman Brothers.
In less than three months, many firms must be able to convince regulators that they’re ready for the transition away from LIBOR. The ‘Dear CEO’ letter sent this week outlines what the FCA and PRA are expecting from major banks and insurers, but it also serves as a reminder to all LIBOR users to make sure they have a ‘robust written plan’.
Having reported that MarkitSERV was up for sale, it now appears that idea has been parked.
What could cause a Rates CCP to lose €100m from the Default Fund? We look at 10y IRS in NOK vs SEK. We find that liquidity add-ons prevent very large positions from being under-margined.