The cost of reducing systemic risk is too high for the real economy, says Isda deputy chief executive
Initial margin requirements could increase liquidity strain on firms in smaller markets
Planned one-basis-point charge will be levied multiple times in cleared trades – and could “kill the market”
The large number of trade repositories planned globally will reduce the quality of data, panellists warn
A variety of clearing houses are emerging in Asia – in some cases, backed by domestic clearing requirements for local currency derivatives. That poses some difficult questions for participants active across the region. Should they sign up to all of...
Return to sender
The evolution of ETFs
Chasing the dragon
The risk of exposure and counterparty default probability both increasing – so-called wrong-way risk – is usually understood in terms of the correlation between the two variables. But this approach focuses more on the centre of the distribution. This...
The shaping force of today's financial markets is politics
The changing regulatory climate has transformed collateral management from a necessary if unglamorous part of the back office to a fundamental strand of firms’ risk management requirements
Asia Risk interdealer rankings 2013: The winners
Interdealer rankings 2013 winner: BGC Partners
DVA for assets
The relaxation of Basel III’s liquidity coverage ratio (LCR) requirements have been a major boon to trade finance, a sector which expected to suffer badly from the new regulatory regime. But not all issues related to Basel III have been resolved
Closing out DVA
In the clear?
On the move
Doubling Japan's inflation target has been viewed as a big deal internationally but players on the ground say the impact on the domestic inflation market has been limited