Following on from the “Beat the Experts” thread, John Philpott posed some excellent questions on the differences between the Value at Risk (VaR) and Standard Portfolio Analysis of Risk (SPAN) market-risk measurement methods. His questions are highly on-topic, especially given the central-clearing mandate set to go into effect for Tier 2 firms on 10 June, […]

Between the contributors to this website we ought to be able to answer any question on OTC derivatives and the post-trade space – go ahead and see if you can ask a question we can’t answer. Add your question to the comments below or email me direct using the Contact page.

Daily Summary If you want to avoid RSS, and also avoid individual emails, I have setup a daily summary of the days posts, sent out at 5pm each week day. An example is shown below (truncated), the email is brief and can be scanned quickly. Sign up using this URL to visit the list: http://eepurl.com/xkKtT each […]

Here is the status of CCPs and SDRs for OTC products. Data for the CCPs is from the respective websites, data for the SDRs is from the recent FSB (mid-2012) progress report. Click on the charts to enlarge. Update on Feb 13th Fixed ICE EU numbers, not linked properly, now showing latest numbers Labelled numbers […]

UPDATE 25th MAy 2013: Changes to earliest date for RTS Two changes on the official EMIR timeline below: The earliest date on which a CCP can be authorised is now the 15th September, assuming the CCP applied well before that date. This isn’t a big deal, more of a correction. The prior date was 15th […]