Stumble on voluntary position reporting could undermine push to reform ETD regime
Acin’s library of op risks allows banks to compare their controls with their peers’
New liquidity rules for foreign banks’ US branches may be hard to stop, but can be softened
JB Drax has become a key broker for at least 15 buy-side firms, including Brevan Howard. But what is driving the success of the secretive agency broker and its peers?
CME Clearing’s futures and options clearing service issued a variation margin payment call of $1.5 billion to one member in the first quarter of the year – the largest made by the central counterparty since Q2 2018. The call occurred on March 15, as a series of futures and options contracts expired simultaneously – an event known as a ‘quadruple witching’. The peak VM call was 56% bigger than the one of $975 million made in Q4 2018.Read the full article