November 2015

'Articles' ISDA Update - Announcement of new Stay Protocol 13 November 2015 | Akber Datoo

A key concern for regulators globally is to address the issue of banks being "too big to fail" issue. The Stay protocols have been created in response to regulatory directives which require counterparties to systemically important financial institutions (SIFIs) to forgo contractual early termination rights where the SIFI has entered into resolution proceedings or is in financial distress. Whilst initially it was envisaged that the Universal Dealer protocol would only be open to the major banks that adhered to the 2014 Protocol, possibly in response to concerns from the regulators, ISDA have taken the decision to open it up to all other counterparties.

'News' ESMA updates EMIR standards on data reporting 13 November 2015 | ESMA Feed

The European Securities and Markets Authority (ESMA) has published today an update of existing technical standards regarding data reporting requirements under the European Markets Infrastructure Regulation (EMIR).

'Articles' A cracker of a week for Message Automation 12 November 2015 | Hugh Daly

Message Automation is rocketing ahead on all fronts. In the lead up to ‘fireworks’ night in the UK last week we experienced a number of exciting and spectacular events of our own.

'News' GC15/6: Proposed guidance for firms outsourcing to the "cloud" and other third-party IT services 12 November 2015 | Financial Conduct Authority Feed

FCA: We invite views on the proposed guidance, which intends to clarify the requirements on firms when outsourcing to the ‘cloud’ and other third-party IT services.

'Articles' Eurex Spanish Euro-Bono Bond Futures - Generating Capital & Margin Efficiencies Trading European Government Bond Markets 11 November 2015 | Byron Baldwin

On Monday 26 October 2015, Eurex launched a bond future on Spanish Government Bonds (Bonos y Obligaciones del Estado - BONOS) reflecting a delivery basket of 8.5 - 10.5 years remaining term to maturity Spanish government bonds giving the Buy Side and Sell Side alike an efficient and leveraged access to Spanish long term goverment bond market beta.

'Articles' Well Said, Chairman Massad 10 November 2015 | ISDA Feed

On the face of it, the mandatory reporting of derivatives transaction data has seen most progress of all the market reform commitments made by the Group of 20 nations in Pittsburgh in 2009.

'News' ESMA proposes central clearing for Norwegian, Polish and Swedish interest rate swaps 10 November 2015 | ESMA Feed

The European Securities and Markets Authority (ESMA) has today published additional

'Articles' A Modern Approach to Project Management: Is the Future Agile? 06 November 2015 | JDX Consulting Feed

Bill: What are your experiences of Sprints, Scrums and Agile methods? Is a hard problem in small pieces just as hard as the original problem?

'News' Will MiFID II be delayed? 06 November 2015 | Energy Trading Regulation Feed

With the MiFID II/MiFIR deadline now less than 14 months away, there is a great deal of work to do. This applies to all in the commodities industry, in particular those who lose their exemptions.

'News' ESMA consults on indirect clearing arrangements 05 November 2015 | ESMA Feed

The European Securities and Markets Authority (ESMA) has opened today a public consultation on draft requirements regarding indirect cle

'News' ESMA updates list of authorised CCPs – CME Clearing Europe extends services 04 November 2015 | ESMA Feed

The European Securities and Markets Authority (ESMA) has published today an update of its list of central clearinghouses (CCPs) which are authorised under the Eur

'News' FSB reports describe progress in implementing OTC derivatives market reforms, and highlight where further work is needed 04 November 2015 | Financial Stability Board Feed

FSB releases two reports that provide an update on the implementation of the G20 reforms to over-the-counter derivatives market.

Report attached below as a PDF.

'Articles' Bring on the Basket 02 November 2015 | James Cherry

How does Shell maximise the potential of collateral through tri-party repos? Charlie Bedford-Forde explains.

'News' SEFSwaps | A New OTC Data Service 02 November 2015 | Samantha Hodgson

SEFSwaps LLC has launched an application for interest rate swaps data with a unique offering of SEF specific transactional detail.