Over-the-counter (OTC) derivatives
Innovation of the year: Societe Generale
French bank adds OTC energy derivatives to its e-trading platform
Careless whispers have a cost
CFTC redefines insider trading for the swaps market
Against the tide: why Kiwi banks want to be clearing members
Rising fees and absence of leverage ratio cause some New Zealand banks to consider direct clearing
Capital buffers for CCPs ‘the way forward’, says CPMI chair
ECB board member Benoît Cœuré calls for minimum capital requirement and stress testing of CCPs
Accounting – a quant's job?
Quants have a new interest - developing accounting frameworks
Japan struggling with negative rate impact on swaps
Dealers facing issues with collateral interest payments and loan mismatches
Mifid II transparency rules shake up bank commodity desks
Role of voice set to dwindle, while e-trading sparks worries of predatory algos
Basel plans would weaken leverage ratio
Adoption of 'risk-sensitive' SA-CCR will allow more leverage, argues FDIC vice-chair
Banks push e-trading of OTC energy derivatives
Goldman, JP Morgan and SG lead race to add oil and gas to single-dealer platforms
Industry calls for US Simm model approval guidance
Isda AGM: US banks in the dark over uncleared initial margin model approvals
Blockchain faces obstacles in uncleared swap market
Isda AGM: Technology may have applications but will take time to gain market's confidence
Standardisation ‘a must’ for uncleared swaps
Isda AGM: Standard products and contracts key to product's future, say trading execs
Isda chair on twin threats facing OTC market
Capital a “sword of Damocles”, says Litvack; cleaner CSAs will fix valuation woes
End-users shun ‘broken’ US swap market
Negative swap spreads forcing hedgers to look for alternative instruments
European dealers wrestle with corporate CVA changes
Banks say prices already diverging; CDS market could be impacted
Benchmark reform could hit cross-currency basis
Traders criticise fragmented development of new risk-free rates
Some European banks pricing in Pillar 2 CVA charge
But three dealers say it is too early to know whether corporate CVA exemption will be removed
Libor reform: the sound of silence
Moves to push swaps off Libor have generated surprisingly little noise
KVA pushes accounting standards to the limit
Radical changes needed if banks are to account for cost of capital
Dealer algos strike back in swaps market showdown
Auto-quoting starting to take root as incumbents try to keep pace with Citadel
EU's foreign benchmark equivalence rules under fire
Critics fear repeat of CCP approvals saga
Risk solutions house of the year: Goldman Sachs
US bank restructured huge Swiss franc swap during market turmoil
Massad: let market decide what it wants from Sefs
Voice v electronic execution decision left to market participants
CFTC takes steps to clean up ‘garbage’ swaps data
Market participants frustrated at attempts to further standardise swaps in data reporting proposals