CDS users face collateral hike because SEC rule means clearing members are not yet able to offer CDS cross-margining to their clients – but there are hopes of a last-minute exemption
Only registrants to date are MBIA and Cournot Financial Products – firms that have not traded derivatives since 2008
Regulators planning follow-up to trading book study that revealed huge variation in modelled RWA numbers
A highly engaging intensive one-week programme designed to meet the demands of the risk professional by bridging the gap between theory and practice in financial risk management. Save your seat now: programme starts March 23rd 2015.
More Joe Rennison articles
Preparations are "running very smoothly" says CFTC chairman, ahead of first clearing deadline
Overseer of Volcker rule work says five US agencies should produce a single rule – and are not planning to harmonise it with Europe's ring-fencing proposals
When swaps become futures
Swaps-to-futures switch at Ice – plus hedge fund regulatory changes – behind threefold jump in numbers taking futures trading exam
Traders of the lost art
A portion of the European derivatives market will eventually be required to trade on OTFs – but change will be hampered without bank involvement, panellists say
Bundle in the jungle
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