Margin
Growing pains – The boom in buy-side derivatives usage
Sponsored survey analysis: Calypso Technology
‘Smart’ derivatives can cure XVA headaches
Cryptocurrency technology could revolutionise derivatives valuation and collateralisation, say Massimo Morini and Robert Sams
Corporates fear end to Emir's hedge exemption
Counting all trades towards clearing threshold ‘would be a nightmare’
Intra-group margin will ‘stifle’ internal hedging, banks warn
Additional costs for end-users if no exemption granted
Fresh delay will push EU-US CCP row into September
Decision had been expected in July; dealers sceptical new timeline will hold
Italian refiner seeks boost from supply and trading unit
Saras gains from rebound in refining margins and flexible Sardinia refinery
China Treasury bond futures hit by cash equity volatility
Increase in volatility as traders exit positions to fund equity portfolios
Video: FCStone calls for balance in capital and margin rules
Dodd-Frank rules must balance stability and market liquidity, says global head of risk
Esma official slams CFTC margin rules
US rules driven by competitive rather than prudential concerns, Planta charges
MVA by replication and regression
Burgard and Kjaer method is extended to include margin valuation adjustment
Highlights from Isda's 2015 AGM
Risk.net's coverage of Isda's 30th annual general meeting
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
EU SFT rules on collateral consent create legal conundrums
Reuse, title transfer, reporting and derivatives in scope scrutinised
Banks welcome Esma clarification on foreign subsidiaries
Regulators reach "logical conclusion" on third-country entities
Bowen: CFTC should complete Dodd-Frank rules by year-end
Leaving rules "in flux" will harm market, CFTC commissioner warns
Swaps industry mulling new utility for margin compliance
Utility would run daily margin calls, using open source version of industry’s standard model
Primes re-pricing and exiting their tails
Start-ups struggling to establish multiple PB relationships
DBS risk chief calls for wider margining exemption for non-banks
Margining rules for uncleared derivatives will be a drain on liquidity
Japan banks will avoid US firms over margin rules
Dollar bias of US uncleared margin rules will impact swap pricing
US bilateral margin rules: a hit parade of horrors
US regime differs on currency, threshold, eligible collateral and non-financials
Utilities face pressure to clear OTC derivatives
Non-cleared derivatives rules pushing utilities towards clearing
US energy firms cheer regulators’ shift on margin rule
New proposal exempts non-financial end-users from margin requirement
EBA: Objections over WGMR rules not our fault
EU authorities claim hands are tied by WGMR proposals on non-cleared margin requirements
Q&A: Jeanmarie Davis, Federal Reserve Bank of New York, on CCP oversight
Fed official also tackles repo, non-guaranteed affiliates and access to Sefs