March 2013

'News' OMX - Trade Reporting Service 06 March 2013 | Bill Hodgson

NASDAQ OMX intend to provide it's members connectivity into the other TRs such as DTCC or REGIS-TR to route ETD & OTC reporting data, sort of a consolidated feed service. See link below.

'News' DTCC › Public SDR Now Covers All 5 Asset Classes 06 March 2013 | Bill Hodgson

The DTCC public SDR portal now shows trades from Rates, Credit, Equities, FX and Commodities. Have a look at Fixed-Fixed IR Swaps - can anyone explain what purpose a fix-fix swap serves? Is it like a currency swap without the notional exchanges?

'News' Big Bang for IRS? Standardised Coupons Coming? 05 March 2013 | Bill Hodgson

Like the "big bang" for CDS which moved them to standard coupons, "The nonbinding proposal would see some of Wall Street's biggest customers trade interest-rate swaps on the same payment dates and coupons, rendering the contracts more like futures

'News' Nasdaq OMX de-merger 04 March 2013 | Bill Hodgson

I got a letter in the post alerting me to the fact that the clearing business in Sweden will become a standalone legal entity. They reference EMIR but it would make a sale easier?

'News' Further Update to the ESMA Timeline 04 March 2013 | Bill Hodgson

Tom at Capco sent in a re-re-revised ESMA / EMIR timeline, see the usual page. Official Timeline for EMIR | The OTC Space.

'News' SDR Interactive Views | Clarus Financial Technology 04 March 2013 | Bill Hodgson

Based on the data published by DTCC, ClarusFT has put together an interactive query database tool, see link below. DDR Views | Clarus Financial Technology.

February 2013

'News' CME FX NDF Clearing Notionals 08 February 2013 | Bill Hodgson

Notional outstanding for NDFs at CME appears to have tailed off to zero. This can't be what was hoped for. OTC FX Clearing Service.

January 2013

'Articles' Latest CCP & SDR Status Charts as of Feb 2013 08 January 2013 | Bill Hodgson

Here is the status of CCPs and SDRs for OTC products. Data for the CCPs is from the respective websites, data for the SDRs is from the recent FSB (mid-2012) progress report. Click on the charts to enlarge. Update on Feb 13th

December 2012

'Articles' OTC Margin Models Landscape 05 December 2012 | Bill Hodgson

Given today's story at Risk Magazine about SwapClear tuning their IM model for a low interest rate environment, it's interesting that more or less all the other CCPs use a similar model (for Rates), and perhaps will be looking again at whether the

November 2012

'News' Another SDR emerges 30 November 2012 | Bill Hodgson

I found another Swap Data Repository, to add to the list updated recently. If you need to ensure you report to all relevant SDRs, you need to know the full list.

'News' Jon Corzine Caused MF Global’s Bankruptcy and Put Customer Funds at Risk. 16 November 2012 | Bill Hodgson

The House of Representatives Financial Services Committee investigation into the collapse of MF Global has published it's report, the publication is

October 2012

April 2012

'News' State of the ecosystem snapshot 02 April 2012 | Bill Hodgson

Below is an update on the state of CCPs, SEFs and SDRs from public information. The research was carried out by a SK Lim, a consultant from www.jdxconsulting.com for myself.

March 2012

'News' AirParrot bug - warning 11 March 2012 | Bill Hodgson

  This post has moved to a new blog here

'Articles' Extended Mac Display / Apple TV mirroring 03 March 2012 | Bill Hodgson

For anyone with a Mac and an Apple TV, a frustration is not being able to "beam" video, photos or presentations to a TV using AirPlay. Now using AirParrot all this is possible.

February 2012

'News' Dodd Frank & EMIR time line update 23 February 2012 | Bill Hodgson

The effects of new regulation from the US and Europe are drawing closer, whilst rule making is still not complete, and unpredictable, the regulators deadlines are becoming more clear.

'Articles' SwapClear T4 and T2 models 15 February 2012 | Bill Hodgson

For some reason there are people out there who keep googling T2 and T4 and hitting my blog. To satisfy their curiosity, here's what there is to know.