We alerted you to the launch of a new business CloudMargin a while back, they have published their first white paper setting out some thoughts on the effect of clearing on the market.

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.

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

This Risk article (subs.) lays out in more clarity the Volcker rule impacts and in particular market-making and CVA trading. Given the rule runs to 900 or so pages, no doubt there are more unintended consequences, buried footnotes and hidden gotchas to crawl from the woodwork as we proceed towards compliance in July 2015 (with full compliance possibly phased through July 2017). For now though in outline this is starting to make sense.

Josh at SFM / Finadium has uncovered a potential competitive advantage for US CCPs, click to read more (free registration may be required) 

My interest in writing this article was sparked by the 11 December press release from TrueEx announcing t

According to this IFR story, BoNY Mellon has cut its OTC clearing b

There are two Japan-related CFTC no action relief (NAR) deadlines approaching: