Futures Commission Merchant (FCM)
New fee structure amounts to a fourfold increase in some cases
Regulators see incentives to use cleared swaps; critics claim analysis is flawed
FAQ document to tackle treatment of segregated initial margin
This white paper looks at the heavy impact of regulation on investment managers, the mitigation of outsourcing risk, inefficiencies in corporate actions processing and the growing importance of collateral management.
More Futures Commission Merchant (FCM) articles
Full year of clearing data highlights market's reliance on handful of banks
Barclays is first client for service that promises 20% savings for FCMs
US politicians argue "unwarranted" capital burden will hike end-user costs
Biggest one-month margin jump of 2014 triggers speculation among rivals
Proposal on ‘seventh prong’ seen as positive step by industry
Lawyers’ reluctance to grant netting opinions is hiking capital requirements for low-risk trades
Isda chair's comments at odds with industry calls for bigger CCP capital cushions
Around three-quarters of respondents expect clearing providers to stay the course
Dramatic growth in required swaps collateral at Swiss FCM
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.