Central counterparty (ccp)
CCP open access debate rears its head once again in draft rules spun out of Mifid
Dodd-Frank and Sefs set to encourage growth in algorithmic execution of OTC derivatives, say dealers
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 Central counterparty (ccp) articles
A 'trust fall' is a group game designed to promote bonding between the participants: one stands, eyes closed, before falling back into the waiting arms of the group. Now imagine the game being played by a group of regulators. The one elected to fall...
Key elements of a new industry clearing document would be barred by a US Commodity Futures Trading Commission proposal introduced in response to the project – but the move has revealed rifts at the heart of the agency. Peter Madigan reports
Quants received a lot of flak for the crisis, but the profession is on the cusp of a golden age, according to Myron Scholes, co-inventor of the Black-Scholes pricing model. In an interview with Laurie Carver, he also criticises post-crisis regulation,...
Disputes over the valuation of trades backed by multi-currency credit support annex (CSA) agreements – in other words, those that allow counterparties to post collateral in multiple currencies and assets – have pushed the industry to develop a new...
The CME blames FCMs for the delay in offering its clearing service of non-deliverable forwards in USD/Chilean peso
Inconsistencies in new regulations both across borders and within the regulations themselves are giving rise to concerns of regulatory arbitrage and exploitation of loopholes
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.