While Basel Committee deliberates, EC proposes 'value of zero' for contingent risks associated with clearing portability
This three-part series looks at the various factors that firms across the ecosystem of global FX markets - from the buy-side, the sell-side, and the supporting community of technology vendors and service providers - should consider in order to, not just survive, but to thrive in this dynamic and ever-changing environment.
More Clearing articles
Commissioners argue open access is necessary, but might consider raising the $50 million minimum for CCP membership at the end of the consultation period
Through a glass darkly
A recent Dodd-Frank rule-making proposal from five US prudential regulators has caused a bit of a stir. People have been worried for some time about the territorial scope of the Dodd-Frank Act, and whether...
$601 trillion notional OTC figure reduced to $0.9 trillion gross value after netting, collateral
In addition to margin requirements, UniCredit's head of corporate and investment banking argues clearing houses might need more capital
Dealers say they have little appetite for voluntary change when facing big mandatory reforms
Legal precedent suggests European Commission might have to determine which contracts should be cleared under new derivatives rules, rather than Esma as originally planned
Annual results confirm significant investment in developing clearing services for FX options
Bank of Japan Policy Board member Ryuzo Miyao says in-house power generation at central bank branches would support settlements systems ahead of planned power shortages
BNP Paribas Securities Services has secured a waiver from the SFC, which could mark a turning point for the outsourcing of clearing services in Hong Kong
Analysts warn Council of the European Union proposals could hurt trading revenues at Eurex, as its owner, Deutsche Börse, pursues merger talks with NYSE Euronext
Kay Swinburne criticises colleagues in the European Parliament for failing to tackle the question of whether forex contracts need to be subjected to new clearing and reporting requirements
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.