As of today, The OTC Space 'Knowledge' section has been updated. Items are now listed in alphabetical order, making them easier to find, and new items have been added. This section provides a useful go-to when needing to clarify terms, phrases or names contained in articles, and can also be used to broaden knowledge of the OTC markets by browsing terms.  Most of the terms in the Knowledge section are short descriptions, but some of them have lengthy background articles including Primers by John Kiff at the IMF.

As of today, The OTC Space 'Knowledge' section has been updated. Items are now listed in alphabetical order, making them easier to find, and new items have been added. This section provides a useful go-to when needing to clarify terms, phrases or names contained in articles, and can also be used to broaden knowledge of the OTC markets by browsing terms.  Most of the terms in the Knowledge section are short descriptions, but some of them have lengthy background articles including Primers by John Kiff at the IMF.  The long articles include:

• Backloading
• Bank for International Settlements (BIS)
• Bank of England
• Block Trade
• Clearing
• Client Clearing
• Commodity Futures Trading Commission (CFTC)
• Credit Default Swaps (CDS)
• Credit Derivative
• European Market Infrastructure Regulation (EMIR)
• European Securities and Markets Authority (ESMA)
• Forward Rate Agreement (FRA)
• Initial Margin (IM)
• Interest Rate Derivative
• ISDA (International Swaps and Derivatives Association)
• ISDA Master Agreement
• London Inter-Bank Offered Rate (LIBOR)
• MarkitSERV
• Net Present Value (NPV)
• Price Alignment Interest (PAI)
• Securities and Exchange Commission (SEC)
• Value at Risk (VaR)

The Primers from John include:

• History of Central Counterparty Failures and Near-Failures 
• Over-the-Counter (OTC) Derivative Primer 1: The Instruments 
• Over-the-Counter (OTC) Derivative Primer 2: Counterparty Risk 
• Over-the-Counter (OTC) Derivative Primer 3: Clearing 
• Over-the-Counter (OTC) Derivative Primer 4: Central Clearing (Novation and Compression)
• Over-the-Counter (OTC) Derivative Primer 5: Central Clearing (Loss Allocation "Waterfall") 
• Over-the-Counter (OTC) Derivative Primer: Trade Reporting

Our thanks go to John Kiff, whose expertise helped contribute to creating these terms. Visit the Knowledge section here, or use the link at the top of the home page and in the focus bar.

More information from John Kiff:

• Twitter: https://twitter.com/Kiffmeister
• Blog: https://kiffmeister.wordpress.com
• Add John to your home page by visiting his profile and clicking "Follow" on the right hand side

Get Involved

Can you explain complex topics? Do you have expanded explanations for any of the Knowledge items? Do you have a briefing on a regulation, an approach to change, a technical subject? We'd love to have your content on the site, and give you full credit. We would welcome additions to the Knowledge section and also articles to educate readers. Use the Contribute button on the home page to upload an article, or get in touch on how we can get you onto the site, and promote yourself and your business.