Featured image for “SGX: Setting the pace in Asian Foreign Exchange”

August 3, 2015 - Editor

Singapore Exchange (SGX) has a long and successful history of innovation in the derivatives markets. Central to this was early recognition of the benefits of

Featured image for “CCP Notionals Scoresheet”

May 13, 2015 - Editor

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

Featured image for “SGX Offers Exposure to Malaysian Ringgit and Thai Baht IRS”

April 8, 2014 - Editor

SGX has added new cleared OTC IRS contracts in Malaysian Ringgit and Thai Baht IRS but settled in USD

Featured image for “Regional CCPs: How compelling a business case?”

February 6, 2014 - Editor

Note: Originally published in 2011 – we reloaded the images and this happened to republish itself. The piece is still relevant, even if events have

Featured image for “Weekly Roundup | Clearing | 4 November 2013”

November 4, 2013 - Editor

Streetwise Professor (Craig Pirrong) Looks at Moral Hazard Risk in Clearing "[…]if the firm already has debt outstanding, under standard pro rata/pari passu default loss

Featured image for “EMIR CCP Segregation Models Links”

July 31, 2013 - Editor

In advance of a longer piece, here's the links to presentations by the various CCPs on how their EMIR segregation models work: Eurex (page

Featured image for “CCP Notionals Chart | July 2013 | Shocking Graph”

July 18, 2013 - Editor

With the help of Will Woodward at Aite Group the CCP chart is now updated from the February CCP status chart. Highlights in comparison show that:

Featured image for “OTC Margin Models Landscape”

December 5, 2012 - Editor

Given today's story at Risk Magazine about SwapClear tuning their IM model for a low interest rate environment, it's interesting that more or less all

Featured image for “Yet more CCP status updates”

November 29, 2012 - Editor

Based on feedback from people out here in Singapore, and more research, my CCP status chart now has added items: Two new CCPs added, one

Featured image for “SGX OTC IRS Clearing Volumes”

July 6, 2012 - Editor

In a press release (link below) from SGX they say: Clearing of financial derivatives New OTC interest rate swap transactions cleared was S$8.1 billion notional