May 2016

'News' Explainer Video for Validate.Trade 26 May 2016 | Lloyd Altman

A short video to explain the approach to regulatory reporting using the Validate.trade from Riskfocus

'Articles' Margin Valuation Adjustment 24 May 2016 | ClarusFT Feed

While it all began many years ago with Credit Valuation Adjustment (CVA), a number of new XVAs have risen to prominence in the last few years such as DVA, FVA, MVA, KVA.

'Articles' Over-the-Counter (OTC) Derivative Primer 4: Central Clearing Risk Management 18 May 2016 | John Kiff

This is the fourth of my series of over-the-counter (OTC) derivative primers. The first three covered the instrumentsrisk management and clearing. This post covers central clearing and central counterparty risk management issues.

'Articles' FCM Rankings – Q1 2016 18 May 2016 | ClarusFT Feed

I’ve written about the public FCM data in America a couple times before, most recently back in October 2015 here.

'Articles' ISDA Publishes WGMR Compliant VM CSAs 16 May 2016 | DRS LLP Feed

For anyone involved in preparing for the bilateral margin regulations in September 2016 and March 2017 the post below and background are important.

'Articles' Risk Technology – Demystified 13 May 2016 | Srikant Ganesan

Liquidity Risk has shot into prominence since the subprime crisis because of the issues banks had with determining their ability to obtain funding and the tradability of their assets in a turbulent market.

'Articles' Achieving Regulatory Convergence – “Just not cricket” 13 May 2016 | Lloyd Altman

Risk Focus were proud to field a few players at yesterday’s innings at the Kia Oval. Fortunately for yours truly as a Scotsman who is baffled by the sport (and assumes you need a Masters degree in Mathematics just to follow the score!), cricket was not on the agenda. 

'Events' FIA IDX 2016 12 May 2016 | Samantha Hodgson

Tap into the latest developments in the listed derivatives and cleared swaps industry at the 9th Annual International Derivatives Expo.  Sessions will be overflowing with valuable insights from exchange leaders, clearinghouse leaders, regulators, FCMs and buy-side participants.

'Articles' Global FX Investors Increasingly Seek Non-bank Liquidity 12 May 2016 | Kevin McPartland Feed

Below is the press release for my most recent paper examining changes in the global FX market.

'Events' TSAM New York 2016: 20% Discount for OTC Space Readers 11 May 2016 | Samantha Hodgson

The Summit for Asset Management (TSAM) speaks for itself; hosting numerous co-located conferences across major financial hubs globally – including New York, Boston and London. OTC Space registered readers can take advantage of a special 20% discount.

'Articles' ESMA SFTR RTS: Risk Focus Responds 11 May 2016 | Lloyd Altman

In December 2015 the European Securities and Markets Authority (ESMA) issued a Consultation Draft of Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS) to help bring “more transparency to shadow banking activities”, with a focus on Securities Finance Transaction Reporting (SFTR).

'News' Today's FOW Post Trade Event 11 May 2016 | Hugh Daly

Message Automation are proud sponsors of the FOW event taking place at the Crowne Plaza City Hotel later today (May 11th). David Farmery, COO, is joining the panel discussing ‘Trade and transaction reporting under Mifid II’.

'Articles' Feeling a fraud at work? 11 May 2016 | Penny Davenport Feed

It’s a common refrain among working women. “I think I’m going to be found out any day now. I’m a fake; I have no idea what I’m doing!” More than 70% of women suffer from Imposter Syndrome at some point in their careers.

'News' Uncleared Margin Requirements in India | Proposal for Discussion 11 May 2016 | Bill Hodgson

Following the BCBS/IOSCO framework for margining un-cleared OTC business, a new proposal for OTC users in India emerges