An instructive cartoon on the foundations of ICE and CME

An update to our collation of the CCP notional figures. as of February.

The Trade magazine recently published this handy infographic, which gives a high-level summary of the different IR Swap Futures contracts available. The infographic is based on the original

With adjustments to Basel III nearing completion, it's not clear whether client clearing ROE can be rendered sustainable by clearing fee increases alone.  Here I

For the second year in a row, President Obama is requesting a massive increase in funding for the CFTC. In his 2016 budget blueprint, the

Since CME and Eris Exchange launched their swap-futures contracts in late 2012, the number of exchanges offering (or planning-to-offer) their own variations of the swap-future

My latest article in the Calypso Ci Magazine is out, where consideration is given to the competitive position between the five big Exchange / Clearing

Risk Magazine recently broke the news that CME will be launching clearing for IR swaptions by November 3rd, pending CFTC approval.

Recently we have started to see stories on large LCH–CME Switch trades (aka Basis Swaps) starting to be traded. See LCH-CME Basis Swaps primed for Growth (trial required) and Trad-X

CME launches their DSF product within their European Entity and CCP.