Exotic commodity derivatives will become even less attractive to the Asian market following Ice's move to transform swaps to futures
International regulators and central banks trying to avoid "nightmare" of fragmented clearing system
Singapore becomes the first exchange in Asia to implement Iosco principles
This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
More Clearing articles
New levels of complexity and ongoing regulatory framework discussions mean full compliance with Iosco’s new principles is unlikely before the January 1, 2013 deadline
Dealers worry about the impact on liquidity unless single-name and index trades can be margined together
Senior hire is seen as a coup for Deutsche’s clearing business
A third of the figure was cleared in the last month alone - and volumes are expected to increase rapidly as clearing deadlines approach
Plan to combine four clearing houses into one will result in margin efficiencies of 30-40%, the exchange estimates
US firm takes steps to co-ordinate the reporting of OTC trades between different Asian locations
Added cost and mutualised risk will discourage direct clearing participation, panel concludes
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.