June 2013

'News' Into the unknown: Risk OTC client clearing survey 02 June 2013 | Bill Hodgson

If you're on the buy-side the survey below from Risk Magazine gives some interesting insights into why firms choose a particular Clearing Broker or FCM, and who's leading the race to scoop up Client Clearing business.

'News' John Wilson on Vimeo 01 June 2013 | Bill Hodgson

JW explains why there is plenty of room for innovation between Listed and OTC markets in the new regulatory environment.

via John Wilson on Vimeo.

May 2013

'Articles' All about reporting | Risk.net 29 May 2013 | Maria Leontiou

One of the major projects currently going on for all industry participants is Trade Reporting following EMIR mandate.

'News' LCH Swapclear Margin, the need for change and the impact 27 May 2013 | Amir Khwaja

LCH SwapClear have implemented a change in their Initial Margin methodology and this article will discuss three elements that constitute the change:

'News' HKMA | Trade Repository 27 May 2013 | Bill Hodgson

Not sure if this is new, but the page was updated on May 2nd, details of the HKMA Trade Repository Service,

'News' EMIR Trade Reporting Start Delayed 3 months 26 May 2013 | Bill Hodgson

John Philpott commenting on the previous EMIR 5 month delay story points out:

'News' Streetwise Professor » I Was Wrong. But Not as Wrong as What I Was Wrong About. 26 May 2013 | Bill Hodgson

SWP points out the worst of Dodd Frank (in his opinion), the Made Available to Trade rule (MAT). Have a read of his post, then think about some scenarios this could cause:

'News' EMIR timeline moved by 5 months | Earliest Start for Clearing now May 2014 25 May 2013 | Bill Hodgson

On the ESMA website a new timeline popped into view a few days ago (Source: http://www.esma.europa.eu/page/European-Market-Infrast

'News' Navigating Key Dodd-Frank Rules Affecting Swaps End Users — The Harvard Law School Forum on Corporate Governance and Financial Regulation 24 May 2013 | Bill Hodgson

In the same vein as delaying the June 10th deadline, follow the link to an article and PDF from Cleary Gottlieb on what exactly needs to be done for June 10th.

'News' Op-Ed: Now Is the Time to Defer the June 10th Central Clearing Deadline : The Swap Report 24 May 2013 | Bill Hodgson

TSR call for a delay to the June 10th deadline, apparently due to the unprecedented number of enquires on what sorts of firms, and which products should be cleared.

'News' Cleared US dollar IRSs increase ahead of buy-side deadline | news | Asset Classes | Derivatives | thetradenews.com 24 May 2013 | Bill Hodgson

An observation on the volumes in the swap market from our very own contributor Amir at ClarusFT.  Have you entered the competition for an iPad yet, see the home page or ClarusFT.com.

'News' Will Eurex Launch Swap Futures? 24 May 2013 | Ben Larah

An article published today in Risk Magazine states that Eurex are in the process of consulting market participants around th

'News' Confirmation timeliness challenges | DerivSource 24 May 2013 | Maria Leontiou

A great piece by Nick Fry on DerivSource regrading the changes that Industry will go through in its efforts to comply with regulation requirements.

'News' Canadian Derivatives Regulation | Consultation Paper 23 May 2013 | Bill Hodgson

Spotted by Sapient here, the Canadian Securities Administrator has published a paper setting out their proposals for the regulation of OTC derivatives in Canada.

'News' Safe and profitable markets? | FTSE Global Markets 21 May 2013 | Bill Hodgson

My next piece in FTSE GM - a bit of a rant but considerable truth in the reality of reforming the capital markets.  Are we really any safer? Will the markets be profitable? Do we need more Trade Repositories? Answers just a click away.

'News' EMIR developments | Round up 21 May 2013 | Maria Leontiou

RTS defining contracts with ‘direct, substantial and foreseeable effect’