Posts by Jonathan Cooper

Bloomberg sues the CFTC over IM rules on swap futures. Will IM preferences in swap futures disadvantage SEFs?

FRB SCOOS report highlights some interesting trends in securities finance terms and client demand

Volcker on the Volcker Rule

LTRO borrowings shrinking fast as negative carry catches up

A new paper on the EC proposed Financial Transaction Tax: the news is all bad

Euromoney on derivatives end-users and extraterritoriality: worth a read

Will there be demand for collateral transformation trades from insurance companies?

Looking at Derivatives Notional: It makes for good eye-candy but not much else

ISDA publishes a paper on Non-Cleared Swaps: rumors of its demise are greatly exaggerated

Buy-side hit with surprise initial margin levels on CDS right before mandatory clearing starts

The Finadium conference: some musings on the future of securities lending

Will OIS be the successor to LIBOR?

CFTC's roundtable on benchmarks: more on LIBOR

Are Primary Dealers becoming irrelevant? A Liberty Street Economics blog looks at the numbers.

BCBS and IOSCO clarify non-cleared derivatives margin rules and allow broader collateral eligibility – the cake is almost baked

Eight states join lawsuit to dismantle OLA

Comparing the recent SunGard/PRMIA survey to the conversation on liquidity vs. transparency

The debate between liquidity and transparency

Dudley’s speech on how to fix wholesale funding floats some controversial ideas about tri-party

IMF's Singh publishes "The Changing Collateral Space" — we look at what he has to say

Fitch reports on MMFs holdings; we look behind the data

A look at the RMA response to the FSB paper on shadow banking (Finadium subscribers only)

BlackRock's sec lending indemnification business — is it shadow banking?

FASB plans to update the repo to maturity rules, but will they go too far and impact liquidation risk?

LCH.RepoClear adds an extra layer to the repo risk waterfall. Is it gilding the lily?

Fed SCOOS survey results on collateral transformation and the end of TAG

Ten pressing questions in securities finance for 2013

Comments on BNY Mellon and Rule Financial's "To Clear or not to Clear…Collateral is the question"

The OFR/FSOC conference: micro efforts to solve macro issues

"The Big Picture" on connecting Repo and the Fiscal Cliff

Pro-cyclicality: ISDA and the FSB use the same term but want very different things

ISDA on Initial Margin for Non-Cleared Swaps – great analysis but not the most sellable conclusion

Some thoughts on the FSB mandating repo haircuts

The Fed and the ECB talk about fire sales and repo

The Collateral Initiatives Coordination Forum releases a paper "Collateral Fluidity"

The FSB on Trade Repositories: Is it a Tower of Babel?

Bart Chilton channels "Wayne's World" in speech on Dodd-Frank and HFT

CSA agreements create valuation headaches

The convergence between LIBOR and CD rates

With Dodd-Frank in the "terrible twos", a Davis Polk reports on how the rule making is coming along.

The Wheatley Review looks to the CFTC for LIBOR methodology

Manmohan Singh's article in the FT about taxing derivatives liabilities: It is an "ouch" moment.

Cash is king in the FRB “Senior Credit Officer Opinion Survey on Financing Terms”. We look at the questions they ask on collateral posted in OTC derivatives.

CAPCO on trade repositories: full of unintended consequences

What we can learn from Mike Tyson about OLA

The FDIC’s Transaction Account Guarantee (TAG) is scheduled to expire at the end of the year. Where will the money go?

The IMF on the cost of regulations: its not as bad as you think

ECB to set up Repo Database: devil will be in the details

"Puts in the Shadow", a new paper by Manmohan Singh is worth a read

Liberty Street Economics Blog on bilateral and tri-party repo haircut differences: they can't explain it. We can.