Robert Pickel

Isda AGM: Collateral use continues to rise

Over-the-counter derivatives traders have increased their use of collateral by 86% in the past year, according to a survey of banks and institutional investors released today by the International Swaps and Derivatives Association.

Cash-settlement auctions working, says Isda

The auction process for cash-settling credit derivatives trades has been tested recently but is working well, said Bob Pickel, chief executive of the International Swaps and Derivatives Association, at a symposium held by the organisation in New York on…