On Feb. 1, FIA and ISDA submitted a response to ESMA's Consultation Paper reviewing Article 26 of RTS No 153/2013 regarding the margin period of risk (MPOR) for client accounts.
CONTINUE READINGSeveral years ago a group of buy-side firms came together in an effort to lead the interest rate swap market towards greater standardization of contract terms.
CONTINUE READINGCentral bank officials working under the auspices of the Bank for International Settlements released two reports on Jan. 21 that analyze trends in global fixed income markets.
CONTINUE READINGThe Bank of England has urged European policymakers to review the treatment of derivatives trades in the leverage ratio calculation used to determine the amount of capital required for banks.
CONTINUE READINGWatching oil prices crash below $30 a barrel is a sobering lesson in the limits of our ability to predict the future.
CONTINUE READINGFIA leadership joined president and CEO Walt Lukken on Jan. 29 to celebrate FIA’s recent merger by ringing the closing bell at the New York Stock Exchange.
CONTINUE READINGTwo international regulatory bodies—the Committee on Payments and Market Infrastructures and the International Organization of Securities Commissions—issued a statement on Feb. 5 regarding liquidity issues related to the clearing of deliverable FX instruments.
CONTINUE READINGIn the eight years since the financial crisis, the derivatives industry has been playing a game of slow motion table tennis as it reacts to the swathe of new rules that regulators and politicians around the world have been batting its way in a bid to prevent a recurrence.
CONTINUE READINGThe Securities and Exchange Commission on Feb. 10 adopted rules setting out how the agency will determine whether or not a non-U.S. security-based swap dealer must register with the agency.
CONTINUE READINGJanuary set a record for cross-border trading at the Tokyo Commodity Exchange.
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