A new BIS report on Central bank collateral frameworks and practices is out. Given the growing attention focused on collateral-related issues in the broader financial system the Markets Committee established a Study Group to take stock of how collateral frameworks and practices compare across central banks and the key changes they have undergone since mid-2007. As the role of central banks in […]
Read moreFIA & ISDA Publish Key Clearing Addendum for FCMs
The press release below came from the FIA, the result of much work between the FIA & ISDA. The resulting document sets out the key rights and obligations between an FCM and it’s clients for clearing OTC (ISDA) products. Follow the link to the ISDA website below to download the documentation for free. The addendum […]
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TradeTech, Nov 22nd in London
I will be attending TradeTech on the 22nd in London, see below for reasons why you might want to also… The last technical details of EMIR are due at the end of September 2012, and the impact of the interaction between EMIR, Dodd-Frank MiFID II, MiFIR and Basel III- CRD IV is gradually taking shape: […]
Read moreRegistration rules for Swap Dealers and Major Swap Participants
The SEC & CFTC finally defined what an SD or MSP is: http://www.sec.gov/news/press/2012/2012-67.htm http://cftc.gov/PressRoom/Events/opaevent_cftcdoddfrank041812 http://cftc.gov/ucm/groups/public/@newsroom/documents/file/msp_ecp_factsheet_final.pdf I went through the rules and my summary is this: Register as Swap Dealer if: Your firm routinely stands ready to enter into swaps at the request or demand of a counterparty Makes a market in swaps (‘swaps’ meaning OTC / […]
Read moreIs this site blocked for you at work?
I know of one French Bank who blocks this site for employees, as it’s hosted by WordPress and therefore qualifies as “social media” – (yes, post your relationship status here). Does anyone else have problems reaching these pages from work? It would be very useful to know. Let me know using the comments, please.
Read moreALMOST SOLD OUT – TEDxWallStreet March 30th Not For Profit Event and Trading Floor Reception at the NYSE
The first TEDx event on Wall Street is imminent, the press release here explains more about the event, first part below. First-Ever TEDxWallStreet to focus on ‘Redefining Success’ in a challenging world Leaders and entrepreneurs from various industries will convene at the New York Stock Exchange to share innovative and compelling ideas New York, March […]
Read moreJobs for Grads & Under-Grads
New business in the City employing students launches JDX Consulting (www.jdxconsulting.com) has launched a new business to solve staffing needs in city institutions not served by other sources of people. JDX is recruiting graduates (or under-grads) who are energetic, communicative and enthusiastic to be placed into short and long term roles within banks, investment managers, […]
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March 27, 2013 

