Tag Archives: eligible collateral

Analysis of the new SwapClear – the membership gates are wide open

The membership framework at SwapClear has been in place in the early 2000s, linking the entry criteria to the default management procedure tightly. The announcement yesterday of a heavily revised framework opens the door to many more direct members, provided they can live with the new approach to default. Below I’ve done a rough comparison […]

Read more

Eurex sponsored page at the FT

Just came across this: http://eurex.ft.com/ a high level description of their planned OTC services, similar to this post I wrote a while back. The footnotes are small and hard to read, so I have shown them here and added hyperlinks: 1 See http://eurexchange.com/trading/eurexotc_en.html for an outline of EurexOTC Trade Entry service. In 2010 over 774 million contracts […]

Read more