Interest rate swaps
Purely domestic business of little interest to the US group
Banks believe they can cut the notional value of their swaps books in half by the end of next year
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 Interest rate swaps articles
Powell says Fed will "make sure" move happens in coordinated fashion
Exchange CEO hopeful of gaining volumes
Industry body says 15-40 trades per day should be rough benchmark of liquidity for Mifid
Only banks with ¥6tn in derivatives must trade swaps electronically
Insurers now able to hedge out interest rate risk beyond one year
Paulhac says CME swap future is being pushed as a margin-light product for clients
Stack to fill vacancy left in clearing and prime brokerage
Significant global players not on list to join Shanghai Clearing House
Derivatives users look to non-standard swaps to avoid Sef execution mandate
US rules have broken the swap market in two, according to 60% of respondents to a poll
Credit Suisse will get access to “world-class” technology in joint venture
Small firms reluctant to clear due to margin costs
Money manager looks to access all liquidity pools
Numbers compiled by Isda show huge drop - other sources claim smaller fall. Dealers say people "are tiptoeing their way in".
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