Initial margin
Collateral clawback fears leave US pension funds unable to clear
Banks and pension plans are waiting for the US Department of Labor to clarify whether initial margin counts as plan assets
One size fits none: Industry split over futures and OTC holding periods
One size fits none
Member revolt forces SwapClear to revamp margin model
CCP is not collecting enough collateral, member firms say. New model is being reviewed by FSA
Risk USA: Margin for OTC products is too high, says Pimco's De Leon
New rules would see OTC markets over-margined, while futures may be under-margined - and there could be systemic implications
Clearing members fear $5 billion intra-day funding burden
The intra-day funding burden
Indirect clearing: The capital conundrum
Draft European Securities and Markets Authority rules on indirect clearing caused uproar when they appeared in June. The regulator removed the most controversial elements in its final text, but dealers are still in the dark about the capital treatment…
Final Esma clearing rules too rigid, CCPs say
Regulator has not given clearing houses enough freedom to calculate margin requirements, critics say - and Europe's CCPs may have to charge more for futures than their US rivals
What will clearing cost?
What will clearing cost?
End-users will stop using derivatives – Risk.net poll
Proposals to require derivatives users to post initial margin on uncleared trades will cause many end-users to stop using derivatives, say a majority of survey respondents
Acclaimed new TriOptima service may not have a future
In the balance?
SGX puts margining framework in place for cleared securities
Singapore becomes the first exchange in Asia to implement Iosco principles
Risk 25: The search for margin efficiency
Margin efficiency: The new battleground
Risk 25 firms of the future: NYPC
One pot, three CCPs
Risk 25 firms of the future: Bank of England
CCPs will not be too big to fail
Relief for dealers as Basel reins in capital for cleared trades
Basel Committee addresses long-standing complaints over default fund exposures and client clearing
WGMR margin rules borrow heavily from US proposals
Working group publishes proposed margin rules for uncleared trades – bringing global rules in line with an earlier US proposal
CCP recovery and resolution: New tools, but no rules
Apocalypse never?
CCP resolution plans start to take shape
LCH.Clearnet's re-launched CDS clearing service adopts a loss-sharing mechanism - in line with a "last gasp of breath" approach outlined in an Isda letter to the Bank of England
Q&A: William Dudley on global CCP standards
Central counterparties are about to take centre stage in the revamped over-the-counter derivatives markets – a development that has given rise to a set of global principles for their management and supervision. William Dudley, president of the Federal…
Lehman Brothers ruling changes equation for creditors and clients
Protection racket
Sponsored webinar: OTC derivatives clearing
Preparing the ground for the derivatives deadline
US farm lenders fear clearing will trip leverage ratio
Posted collateral cannot be used to offset liabilities when calculating farm credit banks' leverage ratio