June 2015

'News' ESAs consult on margin requirements for non-ce‎ntrally cleared derivatives 10 June 2015 | ESMA Feed

The European Supervisory Authorities (ESAs) launched today a second consultation on draft Regulatory Technical Standards (RTS) outlining the framework of the European Market Infrastructure Regulation (EMIR).

'Articles' Bourses turn to Asia amid rules deadlock 10 June 2015 | Financial Times | Clearing and Settlement Feed

Derivatives markets eye international expansion from China as dispute holds up US and Europe

'Articles' EU revisions to uncleared margin rules address industry fears 10 June 2015 | Feed

European commission

'News' FIA review of regulatory reform in Europe 10 June 2015 | Energy Trading Regulation Feed

The Futures Industry Association(FIA) have just published this review of regulatory reform in Europe, covering rule sets such as EMIR, MiFID and others.

'Articles' Asymmetry of CSAs Causes FVA Costs 09 June 2015 | Ben Larah

There has been some confusion recently over Funding Value Adjustment (FVA). On April 29th, Risk Magazine reported that dealers were charging clients for FVA on collateralised trades, due to the quality and fungibility of collateral being posted by the client. To appreciate why this is happening, one needs to understand dealers’ funding operations when making derivatives markets.

'News' Keynote speech at IDX 2015 09 June 2015 | ESMA Feed

Verena made the speech below at IDX yesterday, and took a tough line on the difference of opinion between the US and Europe of ETD margin rules being 1 day gross or two day net IM. See the transcript for her comments.

'Articles' Nomura, JP Morgan and BNPP lose clearing execs 08 June 2015 | Feed


'Articles' Germany’s debt office set for derivatives clearing 04 June 2015 | Financial Times | Clearing and Settlement Feed

Interest rate swaps help manage bond portfolio

'Events' 2015 Annual ISLA Conference 04 June 2015 | Samantha Hodgson

The international Securities Lending Association, together with the Conference Advisory Group and this year's conference Co-Chairs Mark Whipple from Goldman Sachs and Philip Morgan from Nomura International have published the conference agenda for the 24th Annual Securities Finance and Collateral Management Conference.

'Articles' Q&A with Rohit Bisht, Owner of Roots at N1 restaurant 01 June 2015 | Penny Davenport Feed

Was owning your own restaurant always your dream or have your goals shifted over time?

'Articles' Project Colin: why Goldman-led margin hub fell apart 01 June 2015 | Feed


May 2015

'Articles' EMIR trade reporting a year on – issues faced, lessons learnt and what comes next? 29 May 2015 | JDX Consulting Feed

The European Markets Infrastructure Regulation (EMIR) outlined the European Unions response to the commitments made by the G20 at the 2009 Pittsburgh summit. Trade Reporting by both parties to a trade was a core tenet of this regulation.

'Articles' AcadiaSoft and TriOptima tie-up to usher in new margin hub 28 May 2015 | Feed


'Articles' BNP's European clearing head exits 27 May 2015 | Feed


Gavin Dixon's move follows departures at Nomura and JP Morgan.

'Events' The Trading Show - Chicago 2015 26 May 2015 | Samantha Hodgson

The Trading Show Chicago is the only event that combines quant, automated trading, exchange technology, big data and derivatives. If you want to do business with the CTO of an automated trading firm, the head of quantitative analysis of a leading bank, the head of global exchange, the global head of derivatives from a leading fund manager or the Chief Data Officer of a financial institution, you cannot miss this event.

'Articles' Aaagghhhh! You’re driving me crazy! 21 May 2015 | Penny Davenport Feed

ConflictIts funny how conflicts at