Journalist, Risk management
Costas Mourselas is deputy editor of the risk management desk at Risk.net. He previously reported on derivatives at GlobalCapital.
Costas has a bachelor’s degree in philosophy, politics and economics from the University of York, UK.
LME has already mandated more information on non-cleared positions to help foresee market shocks
Risk Live: Calls for large-scale industry exercises to plan what happens if major CCPs go down
Current policy prevents CCP from selectively excluding eligible collateral
Experts disagree on whether internal stress tests should include emergency facilities
Before SVB collapse, UK suggested loosening NSFR reporting for smaller banks
EU regulator and industry experts say LCR reform is the wrong response to Credit Suisse and SVB
CCP will run segregated default fund; does not rule out following up with ether-based contracts
Clients left in the dark about ransomware attack that disrupted futures trading last month
Unusual clause in Swiss AT1 bonds allowed them to be written off; could others follow suit?
FIA Boca 2023: Model being adopted by rivals is “bad choice” for unpredictable assets, says exchange tech official
FIA Boca 2023: SVP Bland “can’t imagine” outsourcing critical infrastructure; DRW’s Wilson warns of concentration risk
Ion hack deals industry painful reminder on drawbacks of outsourcing
Even after Emir 3 draft, EU regulator would like more powers over both foreign and domestic CCPs
Banks are examining service-level agreements for possible breaches
EU regulators deny responsibility for dispute; will not initially enforce clearing ban
Risk.net spread analysis shows Ice pays little more than half the rate of other CCPs on cash margin
ABN Amro, Macquarie, RBC among firms hit; ransom deadline tomorrow, but service may be down for days
New deal would improve management of options expiries, but will stop short of cross-margining
Vendor’s SBSD registration may facilitate unique multi-seller platform for equity swap business
Latest exit follows departure of senior figures in the capital marketplace business, where volumes have tanked