June 2016

'Articles' Brexit: Legal Implications 24 June 2016 | Harvard Law School Feed

Posted by Ben Perry, Sullivan & Cromwell LLP, on Friday, June 24, 2016

'News' Delay to the EU Uncleared Bilateral Margin Rules 24 June 2016 | Bill Hodgson

Potential economic impact from a mis-match in timing of the new un-cleared margin rules between the EU and US (and the rest of the world)

'News' Brexit and the Markets 24 June 2016 | Bill Hodgson

The best case scenario is that some or all of the EU regulations and laws which apply are transposed into UK law. Worst case, UK becomes an outsider and the focus for financial services moves on-shore into Europe.

'News' Brexit – possible impact 24 June 2016 | Energy Trading Regulation Feed

Last night the UK population voted to leave the European Union, by a narrow margin.

'News' Statement on European Union referendum result 24 June 2016 | Financial Conduct Authority Feed

A brief statement from the FCA - nobody really knows what the future for UK based financial services will look like.

'Articles' Artificial Intelligence in Post Trade: The Dawn of a New Era? 22 June 2016 | Patrick Thornton-Smith

I saw a news article recently about how high frequency trading firms are turning to artificial intelligence (AI) to improve their trading performance and profit. Two large companies were mentioned with each having a slightly different approach.

'Articles' German Federal Court Ruling Important for Future Contractual Netting Arrangements 17 June 2016 | The Swap Report Feed

In a decision of 9 June 2016, the German Federal Court of Justice (Bundesgerichtshof, “BGH”) has ruled that the determination of the close-out amount in a netting provision based on the German Master Agreement for Financial Derivative

'Events' 2nd Annual Derivatives World Congress: 10% Discount for OTC Space Readers 17 June 2016 | Samantha Hodgson

The first 50 industry/profressional attendees can register for free. Registered OTC Space readers can make use of a 10% discount.

'Articles' Where’s the CFTC’s Head AT?: Fools Rush in Where Angels Fear to Tread 15 June 2016 | Streetwise Professor Feed
'Articles' Climbing the regulatory reporting mountain 15 June 2016 | Marc Gratacos

In recent years, there has been an important increase in automation, especially in the post-trade side of OTC derivatives products. 

'News' ESMA updates 14 June 2016 | ESMA Feed

CME Inc now recognised by ESMA, due to the equivalence agreement between the US and EU. This means CME in the US can now compete in Europe for clearing business, and perhaps divert their attention to that venue rather than the CME European CCP.

'Articles' NetOTC - Third Time Lucky? 14 June 2016 | Bill Hodgson

Is there still room for innovation in Banking?

'Articles' Indirect clearing: one set of rules for all? 10 June 2016 | Peter Ten-Broeke

More than three years after the entry into force of the European Market Infrastructure Regulation (“EMIR”) and the regulatory technical standards of 19 December 2012 with respect to, inter alia, indirect clearing arrangements, indirect clearing is again at the centre of attention. 

'Articles' The CFTC Puts a Little Less Rat In It 09 June 2016 | Streetwise Professor Feed