Asset Classes Archive

May 17, 2013

CFTC gives SEFs green light

Swap execution facilities have been given the go-ahead after the US Commodity Futures Trading Commission passed final rules on OTC derivatives trading, including dropping the number of bids buyers must request to three. read more>

May 16, 2013

Cleared US dollar IRSs increase ahead of buy-side deadline

The number of US dollar-denominated interest rate swaps being cleared has jumped by 10% since US rules kicked in two months ago, according to a new tool using data from the Depository Trust and Clearing Corporation. read more>

May 14, 2013

Volumes drift ahead of OTC derivatives reform deadlines

Global OTC derivatives trading volumes have slipped as market participants adjust to impending regulation and the emergence of swap futures, new data has shown. read more>

May 07, 2013

CFTC faces second lawsuit over ‘anti-competitive’ rules

CFTC faces second lawsuit over ‘anti-competitive’ rules

Progress on derivatives rules under Dodd-Frank has been dragged down further with the US Commodity Futures Trading Commission facing a second lawsuit and accusations of being anti-competitive. read more>

May 02, 2013

SEC plans ‘robust and workable’ roadmap for cross-border swaps

SEC plans ‘robust and workable’ roadmap for cross-border swaps

The US Securities and Exchange Commission yesterday unveiled its new framework for cross-border swaps, with chairman Mary Jo White claiming that its ‘substituted compliance’ approach would reduce the regulatory complexity faced by global market participants. read more>

April 25, 2013

Derivatives tax proposal ‘would punish risk management’

A US budget proposal that would change how derivatives are taxed could, if agreed, increase portfolio risk and damage both the derivatives and underlying markets, investor bodies and analysts claim. read more>

April 23, 2013

Bloomberg lawsuit will not stem swap futures

Bloomberg's legal action against the Commodity Futures Trading Commission this week will not constrain the growth of swap futures, experts have warned. read more>

April 15, 2013

Buy-side swaps reporting thwarted by vendor reliance

Asset managers' reliance on advice from third-party vendors and clearing brokers as they prepare for new swaps reporting and trading regimes could lead to significant compliance delays, an expert has warned. read more>

April 09, 2013

New swaps standard offers buy-side flexibility

A new industry-led reporting and communication standard for OTC derivatives will give buy-side firms greater scope to automate regulatory-mandated reporting, including splitting margin payments to central counterparties. read more>

April 09, 2013

New rules may force buy-side to reduce hedging activity

The buy-side may reduce its risk hedging activities as a result of clearing requirements for OTC derivatives under the Dodd-Frank Act, which will capture asset managers for the first time in June, an expert has warned. read more>