CME IRS Margin Methodology
IFR have a story that CME have moved away from Principal Component Analysis to a Historic VaR model. It’s interesting that the reason this took place was to enable CME …
Rogues Gallery
Excellent graphic from Reuters on who scored highest (or worst) on the Rogue Trader league table. Original URL here: http://graphics.thomsonreuters.com/11/09/GLB_ROGUE0911_SC.gif
The undersea Internet
This is too interesting to ignore, a map of the huge number of undersea cables connecting the world. http://www.submarinecablemap.com/
FCM membership criteria
One of the outcomes of the Dodd Frank act is the need for users of OTC (ISDA) derivatives to clear them using the US Futures Commission Merchant (FCM) model. So …
CCP Ownership
With the continuing discussions around the ownership of LCH, it is useful to realise that there is a common ownership strand: OTCDerivNet have a relationship with SwapClear, which involves fourteen …