The OTC Space | Category Archive

New integration standard for CCPs & FCMs

August 15, 2012 by Bill Hodgson 0 Comments

Not to be confused with Cross Currency Swaps, the Clearing Connectivity Standard developed for SwapClear & CME by Sapient will speed up and lower the cost for firms such as FCMs to connect to CCPs, and outwards to their clients. Story here, Sapient’s own page on CCS here

Happy trainees

February 29, 2012 by Bill Hodgson 0 Comments

Last week I successfully delivered a three day course on central clearing to 11 individuals, with modules on Legal and Risk provided by Anna Iversen & Adam Ward at Amunet Partners, and Ed Selby at Lothbury Associates, respectively. You too can enjoy a full understanding of Clearing for OTC products, plus FpML or Rate Swaps […]

adam ward, otc products, rate swaps, shield bug

ISDA to the G20: “Standardize This”

January 11, 2012 by Bill Hodgson 0 Comments

ISDA have highlighted the sentence in the G20 commitments that makes less sense than some, namely “All standardized OTC derivative contracts should be traded on exchanges or electronic trading platforms, where appropriate, and cleared through central counterparties by end-2012 at the latest.” For anyone involved in the OTC market for the past 10 years we’ve […]

derivative contracts, electronic trading platforms, fpml, otc market, otc products

World’s first FpML UPI tool on-line

December 1, 2011 by Bill Hodgson 1 Comment

One of the confusing things about derivatives is that they don’t ‘look and feel’ like a bond or equity – they don’t have any physical expression as a security, as they are fundamentally bilateral contracts between two professional parties. As part of the Dodd Frank Act there is a desire to generate an equivalent to […]

Dodd Frank, EMIR, FpML, SEC

Central Counterparty Clearing Training

November 24, 2011 by Bill Hodgson 0 Comments

I’ve launched a new training offering covering everything you’d need to know about central clearing for OTC products, have a look at my new Training page and contact me to talk about how it could help you. The modules cover 2 full days, plus an optional third day including: The foundations of the OTC market […]

Central Counter Party, FpML, SwapClear