JP Morgan’s decision to accept a $1.5 billion FVA charge when revaluing its book has put pressure on other banks to follow, but there is no consensus on even fundamental issues, such as which funding...
Market flocks to NDFs over fears that sanctions will restrict the ability to settle Russian ruble forwards
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Derivatives articles
Dealers have found a way to halve the amount of margin required in an uncleared derivatives trade – without models, assumptions or tricks. Now, they just need to convince regulators it’s above board. Matt Cameron reports.
Nordic CCP had hoped to be clearing NDFs by November 2013, but insists it has not abandoned the idea – it's just a less pressing need with customers focusing on interest rate swap and credit default swap clearing
Commodities have been the mainstay of China's derivative markets so far but the launch of equity options on two of the country's main exchanges could see this dominance challenged
Some banks are scared to make prices on platforms that offer both an order book and request-for-quote trading – other users might be able to game them by using the two approaches in conjunction, the banks claim. The result could be that dealers stop...
Ice Clear Europe and LCH.Clearnet may not be able to offer clearing of US futures contracts in the UK after European clearing rules take effect, lobbyists are warning. The incoming regime requires a choice of segregation models that contradicts US rules...
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.