Articles by Tom Osborn
Collateralisation jumps by a fifth - Isda margin survey
Corporates lag other participants; less than a third collateralising
Euro swaps flee Sefs
Isda research finds Sef-driven liquidity split, with US dollar volumes growing and others shrinking
Wider clearing scope will create risk, warns Goldman exec
Industry would struggle to hedge risk following a dealer default, says Goldman's Frankel
End-users believe Sefs will hurt swap market – Isda survey
Requirement to use new trading platforms will make market more costly, less liquid, end-users say
Counting the cost of reform – Isda end-user survey
Systemic risk is down, but not due to G-20 reforms, say end-users
Nasdaq OMX to decide on forex clearing by mid-2014
Clearer is talking to banks about possible service
How to game a Sef: Banks fear arrival of arbitrageurs
Liquidity could suffer if sharp practice takes root in Sef markets
US energy futures may be forced out of UK CCPs
Cross-border clash threatens contracts cleared at Ice Clear Europe and LCH.Clearnet
Probable new CFTC chair 'no ideologue', say former colleagues
Dealers hope Timothy Massad's reputation as a problem-solver will lead to greater collaboration on cross-border regulation
Who is Timothy Massad?
He cooks, he’s quiet, he’s confident, and he will cope with everything Wall Street throws at him. That is the picture painted by former colleagues – and adversaries – of the US Treasury Department’s Timothy Massad, probable new chairman at the Commodity…
Sefs not expecting a big bang from Mat spark
As the Sef trading mandate arrives, platforms are primed for a jump in volumes – but with many clients currently avoiding Sefs, it may be a small bang, rather than a big one. Tom Osborn reports
Tradition and Tullett Prebon draw fire in Sef volumes flap
Market is split on how to report volumes for multi-legged trades
Prime Finance: Golden's quest for completion
Prime mover
European CCPs overhaul futures margin models
Some clearing houses are pushing up margin requirements to address procyclicality concerns - but no change is planned at CME or Eurex
Many firms will not meet Emir reporting deadline, says Isda's Pickel
Market participants relying on regulatory forbearance, Isda chief executive tells legal conference
OTF transparency waivers survive final Mifid debate
European disclosure regime for derivatives platforms diverges from that in US
Emerging markets dealer of the year: Standard Bank
Standard Bank is a big player in its home market, with good international ties - now, the idea is to use those strengths to support the development of sub-Saharan Africa
Deal of the year: Arqiva/HSBC
Deal of the year: Arqiva/HSBC
SG CIB completes longevity trade for Aegon
Deal with Dutch insurer Aegon marks French bank’s first major transaction in the longevity swap market
More firms expect technology spending increase in 2014
Rising expectations
Europe set for swap futures shoot-out
Up to eight venues are gearing up to launch interest rate swap futures in Europe – each with a different take on the product. What does the market make of their chances? Tom Osborn reports
PRA protects clearing from leverage ratio hammer-blow
Banks say leverage exposure "could be halved" after PRA acts to safeguard business
OTFs and Sefs: equivalence in doubt
European legislators are close to finalising their derivatives execution rules, but trading platforms are concerned the OTF framework may be sufficiently different to US Sef rules to scupper any chance of equivalence determinations. By Tom Osborn
Regulators clash on Mifid waivers
Some regulators and brokers have expressed fears that exemptions included in Mifid may mean European rules on trade execution are not equivalent to the US – but a key parliamentarian disagrees