Clearing houses could cause large losses for their members if they don't put limits on portfolio allocation, dealers think.
Politicians love the idea of central clearing, but with competition for this new business increasing, so are concerns some venues might not be robust enough.
LCH.Clearnet could start using overnight indexed swap (OIS) rate curves rather than Libor to value its roughly $212 trillion swap portfolio, in response to changing market practice.
In this paper (in English and German), Genscape has analysed Combined Heat and Power or Central Heat and Power (CHP)production in the German market, the challenges it raises for market participants, and the key steps required to address the fundamental lack of transparency in CHP plant production.
More Lch.clearnet articles
London-based clearing house LCH.Clearnet has appointed Jacques Aigrain as non-executive chairman, replacing Chris Tupker, who has been in the role since July 2006. Aigrain joins from reinsurer Swiss Re, where he had worked since 2001, most recently as...
Derivatives dealers should not be allowed to own stakes in central counterparties (CCPs) or their risk management systems, and CCPs should not be allowed to compete with each other, according to advice from the European Parliament's committee on economic...
London-based clearer LCH.Clearnet has extended its SwapClear platform to give buy-side market participants access to central clearing for interest rate swaps. SwapClear is already widely used by banks to clear interest rate swaps across 14 major currencies,...
IntercontinentalExchange (Ice) will introduce an over-the-counter cleared iron ore contract based on the Platts Iron Ore Index on December 2. "As a major input to steel production, iron ore is essential to the global economy and is one of the largest...
Independent global clearinghouse LCH.Clearnet has suspended discussion on bilateral clearinghouse interoperability with European Multilateral Clearing Facility (EMCF) due to concerns of regulators in the U.K. and Holland over the potential systemic risk...
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.
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