April 2013

'News' Doctor Tina Speaks | Photo Bombing 11 April 2013 | Bill Hodgson

Dr Tina Hasenpusch of CME (profile here) was about to have her photo taken in Paris when three people got in the way.

'News' Deus Ex Macchiato » Today’s detention 11 April 2013 | Bill Hodgson

Follow DEM's link to the FT analysis of emails regarding the "optimisation" of regulatory capital with the JPMC CIO and the 'whale' trades. Deus Ex Macchiato » Today’s detention.

'News' 2013 Business Cards | The OTC Space 10 April 2013 | Bill Hodgson

For those that have met me in person you may have received one of my photo business cards, my next order is in progress, the new set are shown via the link below.

'News' Central Bank Survey | Optional Moves to CCPs 10 April 2013 | Ben Larah

According to a survey contained in RBS Reserve Management Trends 2013, published on April 8th (£250 per copy), 19 out of 50 central banks are co

'News' SwapClear Fee Structure Updated | Go Ultimate 10 April 2013 | Bill Hodgson

SwapClear have published their new fee schedule which remodels the service fees around amounts of trade activity. Above 30,000 trades per year will cost £2.25m, and levels beneath that provide smaller charges with a cap.

'News' KDPW OTC CCP | Membership Update 10 April 2013 | Bill Hodgson

News in from Poland regarding the KDPW CCP for IRS: Current membership:

'News' Mandatory Clearing: One Month In, What Does the Data Show? 09 April 2013 | Amir Khwaja

An analysis of trade activity data prior to and post the March 11th Dodd-Frank Act mandatory clearing deadline, published today on DerivSource.

'Articles' Getting Ready for Dodd-Frank: A Checklist for Non-Swap Dealers and Non-Major Swap Participants : The Swap Report 08 April 2013 | Bill Hodgson

Handy simple checklist for key milestones this year.

'Articles' Ring Fence Retail? | Frances Coppola 08 April 2013 | Bill Hodgson

Frances Coppola makes an interesting commentary on who brings risk into banking, and in the case of HBOS, not scary derivatives traders, but people who were supposed to provide a safe retail bank business.

'Articles' Relief from EMIR | A View from Greece 08 April 2013 | Maria Leontiou

Πιστή στη απόφασή μου να βοηθήσω τον φίλο μου Bill Hodgson να πάρει ιδέες για τις καλοκαιρινές του διακοπές και γνωρίζοντας πόσο αγαπάει την φωτογραφία λέω να ξεκινήσει τα σχέδια του απο την πανέμορφη Σαντορίνη που σου κόβει την ανάσα.

'News' IDBs shifting from SEFs to futures exchanges? 08 April 2013 | Jon Skinner

The attached article from FOX news indicates IDBs are making initial moves to set up new futures exchanges including: - GFI fi

'News' Greece's NBG-Eurobank merger suspended or cancelled? 08 April 2013 | Maria Leontiou

Ο φόβος για μια νέα "too big to fail" Τράπεζα η οποία θα είχε το μέγεθος του Ελληνικού ΑΕΠ, φαίνεται ότι είναι η βασική αιτία για την ένσταση που πρόβαλε η Τρόικα στα σχέδια συγχώνευσης των δύο Ελληνικών Τραπεζών, Εθνικής και Eurobank.

'News' HKeX builds a Consortium for OTC Clear 08 April 2013 | Bill Hodgson

A group of banks have signed up to a consortium to sponsor & guide development of clearing for OTC products with Hong Kong Exchange. Press Release here

'News' Markit buys out DTCC from MarkitSERV 07 April 2013 | Bill Hodgson

The JV between DTCC & Markit which combined the original confirmation / affirmation business of SwapsWire & DerivSERV has now become solely owned by Markit.

'News' Is a Chart worth a hundred words or more? | Clarus Financial Technology 05 April 2013 | Amir Khwaja

We have all heard the adage “a picture is worth a thousand words”, well today I am going to postulate that "a chart is worth a hundred words or more” and also “a chart is a hundred times quicker in conveying key information”.

'Articles' Markit and Traiana? Is there room for both? 05 April 2013 | Maria Leontiou

As SEF rules will come into force later this year, CreditLink by Traiana and

'News' PWC on EMIR | Key Requirements and Impacts 05 April 2013 | Maria Leontiou

PWC has published a six page summary on EMIR, its requirements, the potential impact on the Industry and the areas PWC can offer services in, titled "

'Articles' MF Global Failure and the Benefit of Integrated Collateral Management | 4sight.com 05 April 2013 | Bill Hodgson

Some interesting analysis on the demise of MF Global: http://dealbreaker.com/2013/04