Regulation
The European Commission has adopted the initial margin rules, which is set to come into force in January 2017.
Regulation
Rules will see OTC liquid derivatives moved to organised venues to increase market transparency.
Regulation
The CFTC has given swaps dealers until 3 October to establish custodial accounts for posting initial margin.
Regulation
The FSB has pressed global regulators to adopt initial margin rules as soon as possible.
Regulation
Only the US, Canada and Japan are ready to implement initial margin requirements on 1 September.
Buy-Side
Large buy-side companies have less than six months to prepare for incoming clearing rules for derivatives.
Post-Trade
Banks are trying to encourage their clearing clients to adopt services such as compression to reduce their capital requirements.
Sell-Side
Client clearing for OTC derivatives increased across the board, while the number of FCMs in the business declined.
Regulation
Delays to implementing margin rules for uncleared derivatives could run the risk of fragmentation and regulatory arbitrage.
Derivatives
Despite many touting the benefits of direct clearing, major asset manager rejects the idea.