Licensing agreement could be worth up to 20% of revenues from patented contract, and is seen as an attempt by Goldman Sachs to hedge its bets as new rules threaten OTC market profits
Industry group was not convened as Esma drew up draft clearing rules
More Clearing articles
Dealers expect new rules to hit the profitability of their business, but fewer expect to be able to pass the costs along – and more are anticipating a big drop in OTC trading volumes
Eurex is latest clearing house to enter Asian market
Clearing members would be forced to guarantee trades executed by their clients' clients - on terms the member firms have not agreed
Proposals to require derivatives users to post initial margin on uncleared trades will cause many end-users to stop using derivatives, say a majority of survey respondents
In the balance?
International regulators and central banks trying to avoid "nightmare" of fragmented clearing system
Singapore becomes the first exchange in Asia to implement Iosco principles
Clearing houses are the bit-part actors that find themselves thrust into a leading role – a result of the Group of 20 (G-20) nations pledge to overhaul over-the-counter derivatives markets and untangle...
Basel Committee addresses long-standing complaints over default fund exposures and client clearing
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.