Capital and liquidity consumption now comes with a cost, and that started to make itself felt this year. Risk staff look back at a selection of the year’s big stories
New rules would see OTC markets over-margined, while futures may be under-margined - and there could be systemic implications
Central Bank of Ireland adviser says reforms will cause an "Ice Age" in the derivatives market
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Futures articles
If a clearing business is part of an institution that also makes markets in over-the-counter derivatives, there are lots of things it cannot do. The US Commodity Futures Trading Commission (CFTC) summed them up in its final rules on internal business...
New regulations could make interest rate swaps a more expensive product. As a result, large buy-side firms are looking at alternatives such as swap futures, which are also getting the backing of some dealers. Is this the beginning of the end for over-the-counter...
It’s the biggest futures exchange in the world, so CME Group naturally has both friends and enemies. Some of its friends are very well connected – and some of its enemies claim this influence has been used to stifle competition, allowing the exchange...
Finding yield is a complex task but Japanese investors have been facing this issue for longer than most, as two decades of moribund domestic markets have driven them overseas - from the vanilla Aussie/Kiwi dollar carry trade to the more esoteric delights...
US-based trading firm bullish on the potential for energy trading in the Philippines
The decision by Ice to speed up the transition of its cleared OTC energy contracts to futures reflects regulatory uncertainty, and is likely to be replicated by other exchanges, says CFTC commissioner
The extraterritorial impact of the US Dodd-Frank could be sidestepped by Asian players opting to conduct swap trades with players outside of the regulation’s orbit
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future