Trade Reporting

The Global LEI System – A Key Pillar Of Risk Management

William Hodash, Managing Director, DTCC and Chairman of The CICI Utility charts the path towards a Global LEI system. ISS Mag: The Global LEI System – A Key Pillar Of Risk Management.

LEIs – Status Update

On 22nd October, ESMA published an update of its Question and Answers (Q&A) on EMIR where among other issues it clarifies the use of Legal Entity Identifiers (LEI) for the purpose of trade reporting to trade repositories.

• The OTC Space: LEIs – Status update
• Regulatory Reform blog: ESMA Updates EMIR Q&A.

Cross Currency Swaps in Swap Data Repositories

I thought it would be interesting to look at a different product than Interest Rate Swaps and one that is not Cleared, so this article will look at Cross Currency Swaps. My interest was prompted by one of our SDRView Professional users requesting that we add a new view for Cross Currency Swaps. ClarusFT: Cross Currency Swaps in Swap Data Repositories.

Market Commentary

New Greenwich Report: As Credit Market Liquidity Suffers, Institutional Investors Seek Alternatives

U.S. institutional fixed-income investors struggling with recent reductions in credit market liquidity are seeking relief in derivative products, but finding they are a less-than-perfect solution. Kevin On The Street: New Greenwich Report: As Credit Market Liquidity Suffers, Institutional Investors Seek Alternatives.

Libor Set to Remain as Benchmark Rate for OTC Derivative Contracts

Legacy issues and the lack of alternative benchmarks mean Libor will remain the default benchmark of choice for OTC transactions. Risk.net: Libor set to remain as benchmark rate for OTC derivative contracts.

What If OTC Derivatives were Banned? A Look at the Potential Impact on Asset Managers

What would be the consequences of banning derivatives from the asset management industry? Alessandro Beber, a Professor in Finance at Cass Business School conducted a ‘what-if’ analysis on the consequences for asset managers and their customers if such a ban on derivatives were enforced. He talks to DerivSource about his findings from this ‘finance-fiction’ study. DerivSource: What If OTC Derivatives were Banned? A Look at the Potential Impact on Asset Managers.

Deutsche Börse Buys Stake in UK Start-Up Venue GMex

Deutsche Börse, Europe’s largest exchanges operator by market value, has made its first foray into hybrid fixed income trading with the purchase of a minority stake in Global Markets Exchange Group, a new UK start-up venue. FT: Deutsche Börse buys stake in UK start-up venue GMex.

What Should Firms Think About In Terms Of TARGET2 Securities (T2S) Messaging Implications?

Fiona Hamilton, V.P. EMEA Operations, Volante Technologies Inc. takes us through a whistle stop tour of the messaging requirements for connecting to T2S. ISS Mag: What Should Firms Think About In Terms Of TARGET2 Securities (T2S) Messaging Implications?