October 2017

'Articles' BNP Paribas Securities Services launches tri-party collateral management service 18 October 2017 | Dominic Hobson

BNP Paribas Securities Services, the custody and fund administration arm of the French bank, has launched a tri-party collateral management service. In a market dominated for 20 years in Europe by Clearstream and Euroclear, and in the United States for even longer by BNY Mellon and J.P. Morgan Chase, it is bold move. So why make it?

'Articles' A First Step Towards the Future | The ISDA CDM Project 17 October 2017 | ISDA Feed

Bill: I took a look at this first release on the CDM and took a while to let the ideas soak in.

'Articles' Murex to Offer Cloud-Based Trading and Risk Management Solutions 17 October 2017 | Murex Feed

For people familiar with the Murex platform, I believe this announcement now means you no longer have to install Murex on your own servers locally, you could run a derivatives business largely in the cloud.

'Articles' Brexit and Contractual Certainty 09 October 2017 | ISDA Feed

There’s been a lot of recent focus on the impact of Brexit on the derivatives market. That’s no surprise.

September 2017

'News' ESMA finalises MiFID II’s derivatives trading obligation 29 September 2017 | ESMA Feed

ESMA finalises MiFID II’s derivatives trading obligation

Friday 29 September 2017 10:59
'Articles' Initial Margin Attribution 27 September 2017 | ClarusFT Feed

Bill: The post below starts to tackle the tricky puzzle of breaking out the total IM for a portfolio into the contribution by particular products or desks.

Cleared IM and VM 'News' ISDA MARGIN SURVEY 2017 18 September 2017 | Bill Hodgson

A new ISDA survey explain the flows of margin for cleared and uncleared OTC products

'Articles' CME Group to Exit OTC Credit Clearing Business, Return $650M in Capital to Clearing Members 14 September 2017 | CME Feed

As of January CME had $66bn of notional in cleared OTC credit products compared with ICE with a combined total of $1.5trn. The only other firms to offer clearing for OTC credit are LCH and JSCC with $42bn and $8bn respectively. Bill.

'News' ESMA updates Q&A on MiFID II implementation 12 September 2017 | ESMA Feed

ESMA updates Q&A on MiFID II implementation

Tuesday 12 September 2017 17:20
'Articles' What risk disclosures tell us about Goldman’s problems and Morgan Stanley’s success 08 September 2017 | Nick Dunbar Feed

2017 has been difficult for those at Goldman Sachs who are accustomed to being at the forefront of US trading firms.

'News' ISDA SIMM 2.0 Released - Get Ready 08 September 2017 | Bill Hodgson

Updated ISDA SIMM model coming later this year

'Articles' Article: “What a year: MiFID II/MiFIR, EMIR RTS, SFTR and SEC SBS” 05 September 2017 | RegTek.Solutions Feed

The most recent edition of the Journal of Securities Operations & Custody (Volume 9 Number 4) features an article by Lloyd Altman entitled “What a year: MiFID II/MiFIR, EMIR RTS, SFTR and SEC SBS”.

August 2017

'Events' 38th Burgenstock Meeting: 15% Discount for OTC Space Readers 25 August 2017 | Samantha Hodgson

The annual Bürgenstock meeting in 2017 is a three day event run by ICDA, the second oldest futures industry association in the world. OTC Space Registered Readers can access a 15% discount to this event.

'Articles' VM Rules: Almost There 21 August 2017 | ISDA Feed

Six months ago, the industry was facing the possibility of real disruption.