Clearing members would be forced to guarantee trades executed by their clients' clients - on terms the member firms have not agreed
More Joe Rennison articles
Looking ahead to a period of unprecedented change in derivatives markets, Risk's 25th anniversary issue has selected the companies it believes will do most to shape the future
Turning borders into barriers
Transparency and own-capital ban for OTFs could interfere with “free flow” of market, says Lord Harrison, chair of a House of Lords committee that yesterday warned of fundamental flaws in Europe...
Resolving issues around the extraterritorial application of derivatives regulation is a major outstanding issue that needs to be addressed, says FSA’s acting director of markets
BoE thought to be the first major central bank to change policy on collateralisation as it seeks to reduce dealer funding charges
Banks and CCPs are pressing for changes to method of calculating default fund capital
Securitisation would be "a lot less viable" if SPVs do not qualify for clearing exemption, says Isda
Tweaks to Mifid text would allow owners of OTFs to engage in matched principal trading
Attempts to match assets and liabilities on a country-by-country basis could be threatened if Greece exits eurozone, lenders fear
Uncertainty over the future of single-dealer platforms under new European trading rules is prompting banks to consider price aggregation of OTC trading platforms
Managing the regulatory patchwork
Despite hard-won exemptions, corporates should consider the pros and cons of clearing, according to panellists at an ACT event - but treasurers remain unconvinced
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.