Swaps
Energy and Commodities OTC Clearing and Execution under Dodd-Frank Regulation roundtable
Challenges continuously arise regarding energy and commodities OTC clearing, and changes in regulations. This roundtable offers the knowledge, experience and opinions of our elite speakers on some of the key issues the industry currently faces including:
Legal & General produces first index for Source commodity ETF
Legal & General Investment Management has created a commodity index that serves as the basis for a new ETF launched in partnership with Source
Solvency II asset charges will not stop insurers providing bank funding, say economists
Demand for covered bonds and shorter duration corporate paper likely to increase, according to exclusive analysis by economists at Dutch central bank
Solvency II asset charges will not stop insurers funding banks
Strategic moves
Corporates complain about transparency of unwinds
Wound up by unwinds
Financial institutions move to address funding squeeze in Asia
Funding dilemmas
Despite hurdles, clearers map out forex ambitions
Clearing a way for forex
Energy experts debate merits of speculators and position limits
CFTC and Goldman Sachs executives discuss role of speculators in commodities markets during times of volatility
Despite hurdles, clearers map out forex ambitions
Clearing hurdles
Emir should include exchange-traded derivatives, says Gensler
CFTC chairman says European regulators should expand scope of Emir to include all derivatives, rather than OTC only
Biofuels swaps
Growth industry
Forging an iron ore derivatives market in Asia
Forging a new benchmark
A-share ETF investors to face higher tracking error due to SFC collateral rule change
A new rule from the securities regulator, effective September 12, means some Hong Kong-listed A-share ETFs will have to fully collateralise counterparty risk exposure from their P-note issuers. The move could cause existing investors to rethink their…
US power bodies call for clarity on Dodd-Frank “swap” definition
More guidance is needed from the CFTC on the definition of a swap, according to Ferc and other industry associations concerned about regulatory overlap
Fannie Mae says FHFA's margin rules would drive up hedging costs
US mortgage giant says segregating variation margin will hurt FHFA- and FCA-regulated entities, and create new funding obligations for swap dealers
ECB and World Bank call for exemptions from US derivatives rules
World Bank believes imposition of national regulations on multilateral development institutions is unprecedented intrusion on the internal operations of international organisations
CFTC/SEC swap product definitions 'irrational', say derivatives lawyers
Attorneys criticise the division of regulation and the lack of detail on mixed swaps
Energy experts eye Dodd-Frank tech benefits
Data reporting systems may be far from Dodd-Frank friendly in the energy sector, but experts say users are likely to benefit once they are up and running
Australian regulators suggest clearing exemption for foreign exchange
Reserve Bank of Australia discussion paper commits to harmonising rules with US and Europe
Dodd-Frank extraterritoriality will hurt US banks – Risk.net poll
More than two-thirds of respondents think the long arm of Dodd-Frank will put US banks at a competitive disadvantage
JPM’s Zubrow: US margin rules 'will kill our overseas swaps activities'
US banks will be shut out of the market for uncleared derivatives, says JP Morgan's chief risk officer
General short-rate analytics
Alexandre Antonov and Michael Spector present an analytical approximation of zero-coupon bonds and swaption prices for general short-rate models. The approximation is based on regular and singular expansions with respect to low volatility and contains a…