Dealers say they won’t join clearing houses that are not robust – and have already blackballed one central counterparty. As a result, the initial margin methodologies employed by the big rates clearers have begun to converge. Matt Cameron reports
Fixed income e-trading trends: The ripple effect of new financial markets regulation
The EU council text of Emir could be voted through next week, but a group of industry associations will plead for a late - and controversial - change
CCP open access debate rears its head once again in draft rules spun out of Mifid
The fixed-income flash crash
Trust, but verify
The database race
Speakers at Risk & Return Australia 2011 believe the ability of supervisors to implement regulation around the world in a consistent manner is the most critical component to financial regulatory reform. They also believe the timeframe for new rules needs...
Urs Wieland has been named CEO of Six Securities Services
A clear goal
Crucial plenary vote on Emir on July 5 retains suggested amendments to recognise unique nature of FX derivatives, but strips out explicit calls for an exemption
Risk management under threat
A clear path?
Clearing rules 'won't work' unless US and European regulators can agree on detail, says senior French regulator
New regulations mandating the central clearing of OTC derivatives bring operational risks for central counterparties and increased exposure to systemic risk. In the second of a two-part series, ORR looks at the problems and opportunities for clearing...