ISDA and FIA Europe Publish European Cleared Derivatives Execution Agreement

The International Swaps and Derivatives Association, Inc. (ISDA) and FIA Europe today jointly announced the publication of the ISDA/FIA Europe Cleared Derivatives Execution Agreement for principal-to-principal (European model) client clearing. The Agreement was developed with the assistance of a working group of both buy- and sell-side institutions in the European cleared over-the-counter (OTC) derivatives markets.

Site Features Update

Small but important site updates today - expect to see the introduction of Premium content going forward

EMIR Supervisors College Process Has Teeth | Eurex Clearing Announces Authorisation Delay

Eurex Clearing's application to be recognized as CCP under EMIR has been temporarily set back...

Weekly Roundup | New Year Specials and European Regulation | 18 January 2014

Dear all,

Happy new year to you all.

I am sure you have big plans ahead of you and are looking forward to what 2014 has in store for you.

What I can tell you is that the dazzling world of derivatives is by far not finished with its uprooting and will keep us busy for some time to come.

So, please stay with me and spread the word of this newsletter.




ESMA clarifies reporting of on-exchange derivatives under EMIR | Esma

As expected ESMA have reacted to the refusal of the one year delay to ETD reporting by publishing more information via their Q&A process. The updates to the document here ESMA clarifies reporting of on-exchange derivatives under EMIR | Esma cover the following topics:

Site Update | 2013 in Review

The readership of the site is growing, a typical day sees 500 unique visitors who in one month consume over 25,000 pages from the site. Over 800 people (and growing) elect to receive a daily email summarising the previous days stories. Hopefully the new site design and tools to help readers select stories of interest will continue to encourage readership, as will new contributors in the pipeline.

Weekly Roundup | US Regulation | 16 December 2013

The Volcker Rule

Agencies Issue Final Rules Implementing the Volcker Rule

Five federal agencies on Tuesday issued final rules developed jointly to implement section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Volcker Rule”). CFTC Press Release: Agencies Issue Final Rules Implementing the Volcker Rule.

Weekly Roundup | Trading & Post-Trade Processing | 16 December 2013


Derivatives Markets Rebound in 2014

The derivatives market has seen an upturn across the board this year and participants can expect even better fortunes in 2014, according to a panel at FOW's Derivatives World London: The Debates. FOW Intelligence: Derivatives Markets Rebound in 2014.

Weekly Roundup | European & General Regulation | 16 December 2013

Dear all,

This will be the last edition of the Weekly Roundup this year. I would like to thank you for staying interested in this and hope you have (at least occasionally) enjoyed the news digest. I would like to wish those of you who celebrate it a very Merry Christmas and all others a joyful festive season.

All the luck, success and health for you and your loved ones in 2014.

Tom Riesack & Tabitha Jay


Weekly Roundup | Market Infrastructure & Technology | 16 December 2013

Technology Complexity: An Early-Warning System to Prevent Costly Fails