The OTC Space | Category Archive

Post Removed

April 1, 2013 by Bill Hodgson 2 Comments

This post has been removed. If you arrived here via a google search, please disregard any materials regarding the FSB from this page.

Catch Up on the Status Quo of OTC market reforms in Asia

January 13, 2013 by Bill Hodgson 5 Comments

Catch Up on the Status Quo of OTC market reforms in Asia.

G20

Bank of Canada to allow global OTC derivatives clearing | Business | Reuters

October 1, 2012 by Bill Hodgson 6 Comments

Canada has declined to mandate a local CCP for local people, letting the global CCPs provide the necessary services to enable Canada to meet their G20 commitment. Personally I think this is sensible and pragmatic decision, the cost and complexity involved in setting up a CCP for OTC products isn’t trivial and can’t easily be […]

Central Counter Party, G20

Development of the Chinese IRD market, Central Clearing and SHIBOR

July 19, 2012 by Bill Hodgson 0 Comments

A long and interesting article from China about developing the IR market, an IR benchmark in SHIBOR (Shanghai IBOR), and the intention to launch clearing of OTC IRS in 2012. The original article is here, if you browse using Google Chrome it will offer to translate into English, which I’ve pasted below. The format is […]

China, G20, Shanghai Clearing House

FSB Progress Score Sheet

July 11, 2012 by samihodgson 0 Comments

The recent 2012 Financial Stability Board Progress Report contains tables showing the status / progress of the G20 countries in meeting the commitments to reform banking. There are seven tables, shown as columns in the chart below, the meaning of each table is this: Application of Central Clearing: Progress in implementing the central clearing commitments […]

G20, News

vanilla products

Client clearing stalls | Derivatives | IFRe

February 14, 2012 by Bill Hodgson 5 Comments

Client clearing stalls | Derivatives | IFRe. 10% of the buy-side have begun clearing – end of 2012 looking impossible. Nomura point out banks will have to choose who they trade bilaterally with in the future.

Regional CCPs: How compelling a business case?

February 10, 2012 by corinaki24 8 Comments

Corinna Athanasopoulos with input from myself and David Gardiner, debates the arguments for and against the creation of national clearing houses for OTC (and other) products, in relation to the G20 commitments. Pre-Lehman The central clearing landscape in the aftermath of the Lehman default in 2008 looked very different to the one we see today. Pre-Lehman, LCH.Clearnet […]