Articles by Luke Clancy
Stress tests, risk-free rates and cross-currency swaps
The week on Risk.net, October 19–25, 2019
Brexit disruption, fire sales and climate risk
The week on Risk.net, October 5–11, 2019
Gaming tests, loss provisions and synthetic Libor
The week on Risk.net, September 28–October 4, 2019
Recovery plans, CFTC equivalence and stress tests
The week on Risk.net, September 21–27, 2019
Insight Investment wary of banks’ last-look claims
Buy side should “team up” in bid for more forex transparency, argues senior trader
Machine learning, Deutsche auction and repo haircuts
The week on Risk.net, September 14–20, 2019
Benchmark reform, LCH-Eurex basis and FX algo fears
The week on Risk.net, September 7–13, 2019
Buy side seeks more clarity on FX trade rejects
Schroders and BoE criticise code mish-mash, as Investment Association presses for standardisation
Esma probes blurry line between FX vendors and venues
Forex liquidity aggregators resemble trading platforms – but are not regulated as such, critics charge
Deep hedging, robot quants and last look
The week on Risk.net, August 3–9, 2019
FSB’s Domanski cool on bail-in debt for clearing houses
Global standard-setter says all clearing participants must be incentivised to manage risk
Rival FXPBs scoop up former Citi clients
BNP Paribas, Deutsche Bank among those taking on clients axed by the US bank, plus others worried they’ll be next
Isda backs regulatory push on derivatives data project
Risk Live: Common standards for trade reporting should be mandatory, argues senior industry representative
Outsourcers, IM delay and machine learning
The week on Risk.net, May 25–31, 2019
Digital forex settlement volume tipped to rise tenfold
DLT platform aims to settle $100 billion of currency trades by year-end
Brexit fear drives futures trades out of London
Transitions via FIA protocol have escalated since January as no-deal concerns mount
US version of SA-CCR could hurt settled-to-market swaps
Capital requirements on a client’s hedged options portfolio could increase by 1,100%
Patchy response to Isda’s back office of the future
Some banks are quiet, while clearing houses seem split on uptake of Isda data standardisation project
Australian exchange could shorten settlement with blockchain
ASX will seek comment on quicker settlement of cash stocks – possibly the same day
ASX to offer blockchain free to lure early adopters
Teaser intro would be for three years, while users would still be charged for Swift and AMQP connections
Digital Asset’s European chief set to exit
Departure from blockchain firm follows other top exits in last few months
Functional programming reaches for stardom in finance
Fans highlight more reliable code, and suitability for complex tasks and distributed ledgers
Margin or membership? Regulators react to Nasdaq default
Six supervisors – from Bafin to the MAS – downplay idea of mandatory increase in futures MPOR
A threat to the Ion throne?
Banks need connections to e-trading venues; they don’t want the other services that come with them