Main Trends in Collateral Management

By: Securities Lending Times According to the new survey conducted by Sapient Global Markets in March, evolution towards the front office has been identified as one of the main trends for efficient collateral management across global market participants. The research also identifies the efficiency gains required to deliver increased automation and the support systems needed […]

ICMA Report on The European Repo Market

The International Capital Market Association (ICMA) has released the results of its latest survey into the state of the European repo market.  Over the years these surveys have mirrored the fluctuations in the repo markets and this 25th survey which represents statistics gathered in June 2013* is no exception. Repo Market Overview Highlighting an overall […]

Tougher measures on capital requirements proposed by the regulators

By: FT.com Global regulators on Thursday proposed new measures to toughen up the regime that governs capital requirements for banks’ trading books. The Basel Committee on Banking Supervision issued a consultation paper proposing that banks use a standardised approach to determine how much capital they need to hold to cover trading book risks, as a backstop […]

Clearstream and DCCC cooperation on collateral management for CCP margining

By: SecuritiesLendingTimes Clearstream’s global liquidity hub has its first Middle Eastern central counterparty (CCP) link. The Dubai Commodities Clearing Corporation (DCCC), which is the CCP of the Dubai Gold & Commodities Exchange, has agreed to cooperate on collateral management for CCP margining. By the end of the first quarter of 2014, Dubai’s exchange customers will be […]

The Libor effect on derivatives

The UK Court of Appeal is this week hearing two cases in an attempt to determine whether the Libor rate rigging scandal can be considered to be sufficient grounds for invalidating derivatives contracts.  In the first of the cases Barclays attempts to overturn a previous judgement which would see it having to defend in court […]

JPMorgan agreed to pay $920M to Settle London Whale Probes

By Bloomberg.com JP Morgan agreed to pay $920 million in penalties and admitted violating securities laws last year as top managers withheld information from the board. Senior executives had evidence by late April 2012 that traders in the chief investment office in London were pricing a derivatives portfolio in a way that reduced reported losses, […]

More difficulties for asset managers and pension funds to access OTC derivatives market

Impact of Dodd-Frank on asset management and pension funds in the US With the new section of Dodd-Frank regulations which came into life on 9th of September, asset managers and pension funds in the US will face more difficulties in accessing the OTC derivatives market as they have to clear the trades through central counterparties. […]

OTC Derivatives Market Update

Derivatives move into the shadows According to FT shadow financial institutions are taking advantage of a wave of new derivatives regulation imposed on the banks. This has resulted in a substantial portion of the derivative market moving away from the mainstream banks and towards the shadow financial institutions. Hedge funds and smaller banks are now trading more […]

OTC repo transactions in Russia reach more than RUB120 billion.

According to Securities Lending Times, the value of securities used as collateral for the Bank of Russia’s OTC repo transactions is at the moment more than RUB120 billion. The National Settlement Depository (NSD) provides the collateral management services for the Bank of Russia as well as clearing services and securities and cash settlement to market […]

Boost to the Triparty Repo Settlement Interoperability

The ICMA European Repo Council has signed a memorandum of understanding with Clearstream, Euroclear and Eurex Clearing, which engages those providers in a joint project focusing on increasing the efficiency of the repo market. Through this agreement Eurex Clearing will be able to extend the connected settlement locations for its secured market pooling with Clearstream to […]

We are using cookies on our website

Please confirm, if you accept our tracking cookies. You can also decline the tracking, so you can continue to visit our website without any data sent to third party services.