If two firms use two ledgers with different technology, how do they transfer value without an intermediary? Using the Clearmatics Ion framework might be the answer.
ISDA and law firm Linklaters have today launched the full version of ISDA Create – IM, a new online solution that automates the process of producing and agreeing initial margin (IM) documentation and facilitates the creation of valuable structured
Which OTC startup using DLT and Semantic Blockchain got an investment from Wells Fargo?
An early mention of ISDA Create, a platform intended to boost the process of completing new margin agreements.
Welcome to 2019 - The OTC Space has been busy with other projects, but I couldn't miss passing on this one from ISDA. Does anyone else find it interesting that ISDA has taken on the role of reminding CCPs how to do their job properly?
LCH faced with issuing a 'notice of retirement' for its UK clearing services will benefit from the European Commission granting a temporary equivalence status to UK CCPs.
Once again it’s time for the Annual Bank Underground Christmas Quiz! The ultimate festive test of your knowledge on the yuletide related aspects of central banking. Try your luck at our ten questions…
New features include:
ISDA has published a new research paper that analyzes recent trends in the size and composition of over-the-counter (OTC) derivatives markets, using the latest data from the Bank for International Settlements (BIS) and ISDA.
excellent post on UMR from DRS - a must read for any firm who might be in Phase 4 or 5. Bill
The Commodity Futures Trading Commission’s LabCFTC today released, “A CFTC Primer on Smart Contracts.” This primer is part of LabCFTC’s effort to engage with innovators and market participants on a range of financial technology (FinTech) topics, a
If you run a ‘buy and hold’ strategy you don’t expect your initial margin requirement to change much. You would even hope that margin would progressively fall over time as the duration decreases.
Brexit adds to the burden
Bill: More work for Phase 4 UMR, if we're unlucky.
This paper highlights the issues that must be addressed in the case of a ‘hard’ Brexit. Specifically, it:
As we emerge from the midterm election season, we have updated our brief deck summarizing the leadership and s
Derivatives trading and processing are becoming more automated, but the legal documents that back these trades are still reliant on paper and wet signatures. This slows down the time it takes to negotiate a document, and creates inefficiencies thr