Futures commission merchant (fcm)
Around three-quarters of respondents expect clearing providers to stay the course
Dramatic growth in required swaps collateral at Swiss FCM
This webinar looks at the current state of enterprise stress testing and unveils findings of a new study on Enterprise-level Stress Testing (one of several research papers in Chartis' The Risk Enabled Enterprise ® research program)
More Futures commission merchant (fcm) articles
Margin rules proposed after the collapse of MF Global could dramatically raise the cost of hedging, complain market participants
Rival services from Markit and Traiana are gaining support, but detractors claim the hubs could be made redundant by CCP credit checks
The two biggest clearing houses for interest rate swaps, CME and LCH.Clearnet, have different margin models – which may affect the prices charged to clients by clearing members. It could also affe...
A combination of hard work, caution and some luck saw the industry through the second of the three US clearing deadlines on June 10. But while it was a triumph for many, it proved testing for some. ...
Hundreds more firms will be required to start clearing in the US today, and FCMs are warning there could be an increase in rejected trades as a result
Clearing – and present danger
Some client trades have not been cleared within 60 seconds
Given a minute to accept or reject trades for clearing, FCMs warn they will err on the side of caution
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.