CloudMargin partners with SmartDX for OTC derivatives rewrites
The two companies will allow traders to rewrite their OTC derivatives agreements and pass on the operational workflow.
Tag: collateral
US buy-side given six month relief for derivatives rules
The delay will help ease fears among buy-side firms, many which were reportedly nowhere near ready to comply with the 1 March go-live.
Derivatives industry unite in plea for VM grace period
Several industry associations have called for a ‘transitional period’ to ensure compliance with the incoming variation margin rules.
FSB issues collateral reuse warning
The FSB has stressed potential issues of access and leverage which may occur through re-hypothecation of assets and collateral reuse.
Buy-side a long-way from meeting VM requirements
Asset managers have barely completed the re-write of collateral exchange agreements for the incoming variation margin rules.
The BIG Interview: Collateral conundrum
The Trade’s sister publication Global Custodian catches up with Michael Albanese, global head of collateral management at JP Morgan, to discuss the impact of IM and VM requirements, the changing definition of ‘optimal collateral’ and the future for the collateral management space.
ISDA and IHS Markit launch variation margin protocol
Variation margin rules will go live globally from 1 March 2017 for all firms trading derivatives, regardless of size.
Major overhaul of infrastructure needed for next stage of OTC derivatives rules
Major market infrastructure changes are needed for traders to deal with stricter collateral rules for OTC derivatives.
Elixum partners with Pirum for post-trade connectivity
The partnership will enable the platform to connect clients to tri-party agents and CCPs.
Swap dealers back new LCH bilateral derivatives platform
LCH has expanded into new territory with a service to put it at the centre of the non-cleared derivatives market.