International Swaps and Derivatives Association (Isda)
Progress made on equity derivatives backlogs
Investment banks have continued to make progress with reducing confirmation backlogs associated with executing over-the-counter equity derivatives trades. The average backlog has been reduced to nine days, down from 19 days in November 2006, according to…
Rising from the ashes
Collateralised loan obligations
Darras named Isda's general counsel, Americas
The International Swaps and Derivatives Association (Isda) has appointed Katherine Tew Darras as its general counsel, Americas, and head of equity, foreign exchange and interest rate legal. In her new role, she reports to David Geen, Isda’s general…
Open to disclosure?
Contracts for difference
Isda opens Hong Kong office
The International Swaps and Derivatives Association is opening a regional office in Hong Kong as part of an expansion of its activities in Asia.
Market risk regulatory capital expected to rise
Daily news headlines
Isda: 38% rise in credit derivatives notional in first half of 2007
The notional amount outstanding of over-the-counter credit derivatives grew by 32% in the first six months of the year, reaching $45.46 trillion in mid-2007, according to the International Swaps and Derivatives Association.
Geen appointed general counsel for Isda
David Geen has been appointed general counsel for the International Swaps and Derivatives Association (Isda). He had previously served as Isda's European general counsel since November 2006, helping to develop the association's European loan credit…
Isda launches Equity MCA Protocol
Daily news headlines
Isda to publish new single-name European LCDS contract
The International Swaps and Derivatives Association (Isda) will publish a new industry-wide standard single-name European loan credit default swap (LCDS) contract. The new contract, to be published on July 30, will be non-callable with the option to be…
Isda publishes protocol for new US LCDS
The International Swaps and Derivatives Association has published a protocol to roll old US loan credit default swap (LCDS) trades to the new industry standard, which was adopted in May.
New European single-name LCDS expected soon
The International Swaps and Derivatives Association expects to publish a new single-name European loan credit default swap (LCDS) contract by the end of July.
Sebton leaves Isda for JP Morgan
Emmanuelle Sebton, the International Swaps and Derivatives Association’s head of risk management, has left to join JP Morgan.
Diamond derivatives draw concern after Antwerp talks
Worries have been raised in the diamond industry about plans aimed at creating a derivatives market in the gems, which were aired in Antwerp last week.
Markit estimates first-day volume of $11 billion on LCDX
The LCDX index of North American loan credit default swaps (LCDS) saw trades totalling over $11 billion notional during its debut on May 22, according to London-based data provider Markit.
Isda AGM: Industry associations publish principles for retail structured products
Five leading trade associations released a draft set of principles governing structured products for retail investors at the International Swaps and Derivatives Association’s annual general meeting in Boston last week.
Isda AGM: Post-trade processing improves
Post-trade processing of derivatives transactions continues to progress, according to preliminary results of the International Swaps and Derivatives Association’s operations and benchmarking survey. The survey is expected to be published in the coming…
Isda AGM: Trichet calls for more transparency
Greater transparency is needed in the credit derivatives market to allow risk managers to understand the size, distribution and concentration of risks accumulated by participants, according to Jean-Claude Trichet, president of the European Central Bank.
Isda AGM: FSA’s Tiner warns against complacency
Outstanding confirmations in the credit derivatives market have continued to improve, falling to 5.5 days versus 16.2 days a year ago, according to figures from the International Swaps and Derivatives Association. The amount of time it takes for firms to…
Isda AGM: Industry associations publish principles for retail structured products
Five leading trade associations released a draft set of principles governing structured products for retail investors at the International Swaps and Derivatives Association’s annual general meeting in Boston yesterday.
Isda AGM: Collateral requirements decreasing
The International Swaps and Derivatives Association published preliminary results of an analysis on credit risk among 18 of the largest derivatives dealers, during its annual general meeting in Boston yesterday. The final report is expected to be…
CDS market size hits $34.5 trillion, says Isda
The credit default swap (CDS) market has continued its rapid growth, rocketing to $34.5 trillion in notional outstanding by the end of 2006, according to the latest market survey by the International Swaps and Derivatives Association which was released…
Isda AGM: Trichet calls for more transparency
Greater transparency is needed in the credit derivatives market to allow risk managers to understand the size, distribution and concentration of risks accumulated by participants, according to Jean-Claude Trichet, president of the European Central Bank.
Working group to set up diamond derivatives
After a meeting with the International Swaps and Derivatives Association, UK-based cut diamond market data provider Polished Prices is putting together a working group aimed at creating a market in diamond derivatives.