Systemic risks of OTC derivatives central clearing
Excellent draft paper from Deus Ex Macchiato here, not yet for distribution. Don’t tell any of the CCPs – the recommendations are expensive.
LCH now takes KfW bonds as collateral
LCH have announced (http://www.lch.co.uk/member_notices/circulars/2011-10-20.asp) they will now take bonds issued by KfW as collateral against their many clearing services. KfW is equivalent to a US “GSE”, a government sponsored entity, …
Slideology – Part 1 & 2
How many PowerPoints does an office worker see in their lifetimes? Thousands I bet. Any how many of those are stuffed with words, charts, “smart art” and adornments until the …
OTC Derivatives Operations in Fund Management
NEXT TUESDAY: Coming up soon, a star list of speakers to update you on what's happening on OTC operations, chaired by myself. Click the banner or here to read more.
News via RSS and following this Blog
There are three ways to follow this blog: Via RSS, see below Via Email, click the Follow button on the right Via Twitter, see the Contact page RSS Keeping track of …
Open Source Margin Models
Today’s article by Risk on getting CCPs to share their margin models brings up an interesting similarity to the Linux approach to software. The Linux approach is for all the software …
Things Apple is worth more than
A fun blog: http://thingsappleisworthmorethan.tumblr.com/
Korean IRS clearing moves forward
The Korean Exchange has published an update on their plan to create a CCP for IRS in KRW. The time plan (see page 11) shows them in the middle of …
ECB plan to disintegrate multi-currency CCPs
I wrote a piece on the recent paper by the ECB to require CCPs to clear in the country of their currency, published on www.DerivSource.com, click here for the full …
Slideology
If you think there’s better ways to use PowerPoint / Keynote, and reach the hearts and minds of an audience, take a look at www.duarte.com and this book http://www.amazon.co.uk/dp/0596522347. Not yet …