Clearing
Fails could jump as category two clearing starts in US, FCMs warn
Hundreds more firms will be required to start clearing in the US today, and FCMs are warning there could be an increase in rejected trades as a result
OTC Derivatives Clearing Summit: Clearing incentives "are not there" - Goldman's Frankel
Regulators want capital and margin rules to encourage central clearing, but analysis suggests costs may currently be higher in the cleared world
Into the unknown: Risk OTC client clearing survey
Into the unknown
US securitisation groups seek clarity on June 10 clearing deadline
US clearing rules do not exempt SPVs, but industry is split on whether other exemptions - for unclearable swaps - would apply
The end of the waterfall: Industry faces up to CCP recovery and resolution
The end of the waterfall
Small banks search for FCMs as June 10 deadline looms
Small banks, big needs
Custody Risk June 2013
Editor's comment - piecing it all together
Eurex warns limiting CCP recovery plans could be "very dangerous"
Clearing houses need flexibility to determine correct course of action, says head of risk at Eurex Clearing
OFI Asset Management: Cutting the costs of clearing
Early adopters of over-the-counter derivatives clearing tended to be the big beasts of the buy-side universe, but smaller firms – such as France’s OFI Asset Management – are coming on board as well. By Tom Osborn
Insight Investment: The need for non-cash variation margin
Pension funds tend not to have a lot of cash lying around, making it difficult for them to meet clearing house margin calls. Specialist asset manager Insight Investment is pressing for a solution. By Tom Osborn
Hedge funds benefit from lower prime broker fees
Hedge funds can lock in favourable rates for prime brokerage services as competition forces banks to rethink pricing, says former BlackRock managing director David Geffen who now runs a consultancy
Data shows OTC notionals shrank as clearing started in US
Notional neurosis
CFTC investigates breaches of 60-second clearing rule
Commissioner O'Malia says agency has requested data from FCMs – Risk reported last month that some firms had broken rule 1.74
Clearing chaos: US OTC industry braces for June deadline
Clearing – and present danger
Singapore set to be RMB gateway to Asean region
Trade lines
New Iosco chair launches cross-border taskforce
Greg Medcraft took over as chair of the International Organization of Securities Commissions in March, alongside his role as chairman of the Australian Securities and Investments Commission. He talks to Luke Clancy about his priorities for both roles
Custody Risk March 2013
Editor's comment - solving systemic risk in harmony
Libor/OIS spread challenges insurers' risk management programmes
Spread carefully
Op risk fears as OTC clearing gathers steam
The OTC market's complex new structure will lead to operational glitches, conference participants warn