Non-cleared trades
Dealers warn of hit to Asia from short margin transfer times
Japanese firms and Isda call for T+3 for cross-border uncleared swap trades
Swaps CCPs hope to slash capital via margin change
Treating margin as settlement could cut leverage – CME, Eurex, Ice, LCH.Clearnet all seeking approval
CFTC eases margin requirements for inter-affiliate trades
Bowen votes against final rule exempting non-cleared inter-affiliate trades from initial margin
US margin rules threaten clearing bottleneck
Fed estimates $2.5 billion annual cost of funding margin on bilateral trades
EU uncleared margin rules expected by January – EC official
European regime draws on global principles
FDIC margin rule hands pricing advantage to EU banks in Asia
European and US regulators differ in their treatment of inter-affiliate trades
Tokyo Financial Exchange to enter margin utility business
Bourse becomes latest firm to offer services to meet uncleared margin rules
MVA will be a ‘game-changer’, say valuation experts
Leap in initial margin will cut CVA, FVA and KVA, but generate new funding effects
JFSA calls for substituted compliance on uncleared margin rules
Deputy commissioner Shirakawa says remaining differences make this more important
Massad: US to raise dollar threshold in uncleared margin rules
Higher final threshold may catch fewer firms
Double standards: CFTC margin rules redefine key concepts
When is a US person not a US person? The CFTC has the punchline
O'Malia: US margin splits ‘very difficult’ for OTC market
Isda CEO criticises clashing rules on bilateral margin
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
Dealers fear mix-and-match margining for cross-border swaps
National conflicts in margin rules can only be fixed via mutual recognition
Funds escape yo-yo effect as CFTC redefines US person
Scrapping of test means investor status will not tip offshore funds into Dodd-Frank regime
CFTC casts margin net to catch US banks’ affiliates
Agency redefines ‘guarantee’, but lawyers caution it may not stick
Moody's bank swap ratings may halt ABS downgrades
New methodology could ease swap replacement headaches
EU revisions to uncleared margin rules address industry fears
Cash collateral escapes haircut and third-country corporates get a carve-out
Project Colin: why Goldman-led margin hub fell apart
Secretive group disbanded after dealers realised tech firms had similar plans
AcadiaSoft and TriOptima tie-up to usher in new margin hub
Goldman-led dealer consortium stepped aside for middleware and tech firms
Cutting Edge introduction: Taming MVA
Lloyds quants tackle computation of margin add-on for derivatives prices
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
Bowen: CFTC should complete Dodd-Frank rules by year-end
Leaving rules "in flux" will harm market, CFTC commissioner warns