Lower margin levels for swap futures could drive up risk-weighted assets for dealers, and erode the product's advantage, panellists argue
Regulators want capital and margin rules to encourage central clearing, but analysis suggests costs may currently be higher in the cleared world
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New margin rules for uncleared derivatives will distort behaviour and increase systemic risk, panellists say
Swap futures have a number of advantages, but OTC instruments will continue to be popular, leading buy-side firms say
New proposals on the margining of uncleared derivatives trades could dampen take-up of the standard CSA
The first clearing mandates came into force in the US on March 11, but there is still plenty of uncertainty about how certain parts of the new regulatory framework will function. In this roundtable ...
Forthcoming Sef rules will not address margin concerns raised by Bloomberg
A difference in margin approach between swaps and futures may mean the latter are not assessed on their level of riskiness
Greater use of capital and collateral to mitigate all risks relating to foreign exchange trading is crucial, warns head of financial market infrastructure at the New York Fed
Australian domestic clearing house hoping to use lower margin costs as a means to win market share
Secretary general of Iosco confirms that further work is needed to assess the economic impact of margin requirements for uncleared derivatives
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