Dealers worry about the impact on liquidity unless single-name and index trades can be margined together
More Clearing articles
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
CSDs in harmony?
Push, ping or hub
Regulators are unlikely to insist local currency trades be cleared domestically, says CFTC chair
Collateral demands will be pro-cyclical - rising as markets become stressed - and will be generated by uncleared as well as cleared trades, DE Shaw treasurer tells Isda conference
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.