Articles by Kris Devasabai
LCH to clear single-name CDSs for US clients
Paris-based CDSClear already in discussions to onboard its first US FCM
Don’t keep up with the Kardashians
Dealers may have gifted the buy side an information edge
Repo traders brace for wild quarter-end
Overnight repo rate expected to widen dramatically on Friday
Can US money funds rely on French banks for repo liquidity?
Foreign dealers may be here today, gone tomorrow
Hedge fund H2O suffers $160m loss after Brexit shock
UK-based firm’s four macro funds hit by equity index and sovereign debt losses
Canada waits on US, EU to mandate CAD swaps clearing
Regulatory arbitrage fears stall clearing mandate for CAD swaps in Canada
CFTC clamps down on insider trading in derivatives
Bank traders who leak information about derivatives trades to hedge funds could face charges, CFTC officials say
End-users shun ‘broken’ US swap market
Negative swap spreads forcing hedgers to look for alternative instruments
Op risk models still needed despite SMA, says regulator
Models “play an important role in quantifying risk”, says OCC's Beth Dugan
TruMid takes early lead in credit dark pool race
Nearly $2.5 billion of corporate bond trades have been executed on dark pools since May
Citadel shut out of Tradeweb as it makes US Treasury move
Firm is first non-bank on Bloomberg, but primary dealer catch means it cannot join Tradeweb
Mariner Coria: the changing face of arbitrage
Fund manager exploits mispricings linked to structured products and derivatives end-user flows
SEC finds no evidence of lost liquidity in single-name CDSs
Quant Congress USA: data shows stable liquidity for clearable CDSs, official claims
Citi exec laments plight of the quants
Quant Congress USA: Quant departments have become “sterile” and “dumbed-down”
'Gamma trap' theory features in US Treasury meltdown report
Official post-mortem considers claims that options hedging amplified October 15 move
Bond-CDS basis trades have 'stopped working', hedge funds say
Arbitrageurs have exited trades, leaving basis structurally higher
Clearers challenge Massad over EU client protections
Affiliate and client positions not commingled, they argue
CCP stress-test rifts emerge as review gets underway
Banks, clearing houses and regulators all divided on question of standardised tests
Esma official slams CFTC margin rules
US rules driven by competitive rather than prudential concerns, Planta charges
Forex algos revive US rates trading at UBS
Rejigged algo behind doubling in volumes - Swiss bank aims to repeat trick in swaps
Regulators to put CCP risks under microscope
CPMI-Iosco stress-testing quiz will be precursor for broader risk review
DE Shaw sees $65m swaps margin threshold as exposure cap
Isda AGM: Hedge fund plans to share non-cleared swaps around to reduce trading costs
JP Morgan exec questions bond collateral double standard
Isda AGM: CME applies 20% margin haircut while LCR hits banks with 50% cut
RBC calls for ‘realism’ on LCR definitions
Isda AGM: Canadian banks will start reporting LCR in second quarter