MarketVoice News
Filter
-
OCC boosts funding for "skin in the game"
OCC, the world's largest clearinghouse for equity derivatives, has announced that it plans to seek regulatory approval in the US to increase the amount of capital that it contributes to the financial resources available to cover losses from a member default.
CONTINUE READING -
Quantile margin optimization service now includes cleared interest rate derivatives
Margin issues have been increasingly in focus in 2020 as derivatives clearinghouses have raised collateral requirements in response to the spike in market volatility. This trend has intensified interest among large banks in new methods for optimizing their margin obligations.
CONTINUE READING -
CME Group Foundation focuses on high-tech learning needs amid pandemic
For more than a decade, CME Group Foundation has worked to improve computer science and math education in the Chicago area. But it's safe to say that amid the COVID-19 pandemic, the group's charitable efforts have been needed more than ever.
CONTINUE READING -
Political experts weigh in on FTT, CFTC reauthorization and November election
Analyst Charlie Cook headlines members-only FIA event
CONTINUE READING -
UK introduces legislation for post-Brexit ETS
The UK-wide Emissions Trading System will replace the EU's ETS
CONTINUE READING -
CFTC approves cross-border requirements for swaps participants
The US Commodity Futures Trading Commission passed its first binding rule on cross-border registration requirements for swap market participants on July 23, extending deference to entities already under prudential regulation in foreign jurisdictions. The rulemaking also harmonizes some definitions with those used by the US Securities and Exchange Commission.
CONTINUE READING -
CFTC finalizes capital requirements for swap participants
The US Commodity Futures Trading Commission finalized a new rule on capital requirements for swaps market participants and advanced a proposed rulemaking on swaps margin in a public meeting held via teleconference on July 22. The final capital requirements for swap participants will be flexible, offering three potential methodologies for market participants to follow, and is the first such measure at the agency since it was mandated by Congress under Dodd-Frank.
CONTINUE READING -
CFTC’s Market Risk Advisory Committee discusses margin volatility and LIBOR transition challenges
The US Commodity Futures Trading Commission held a meeting of its Market Risk Advisory Committee (MRAC) on July 21 via teleconference, covering a wide range of topics including the impact of the pandemic on derivatives markets, the current status of the transition away from the Libor benchmark, and an upcoming report on climate-related financial risks.
CONTINUE READING -
CFTC’s Technology Advisory Committee applauds flexibility in electronic trading proposal
The U.S. Commodity Futures Trading Commission’s Technology Advisory Committee held a wide-ranging public meeting via teleconference on July 16. TAC subcommittees offered several short presentations on topics including the recently proposed electronic trading risk principles, cybersecurity, data security, virtual currencies and distributed ledger technology.
CONTINUE READING -
For some equity index futures, initial margin requirements have doubled in 2020
It is not unusual for clearinghouses to increase initial margin requirements during periods of market stress. But the turmoil that took place in March, when equity markets crashed and then rebounded in an exceptionally short period of time, prompted a rapid increase in the amount of initial margin for certain equity index futures over just a few trading days.
CONTINUE READING
