Collateral Management

Ten pressing questions in securities finance for 2013

CCP interoperability? Not any time soon

What's the value of the ICAP/MTS repo indices in the market?

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

Finadium: Sizing Up the Collateral Transformation Trade

UBS and HSBC repo trade shows importance of collateral optimization

CCPs and the Business of Collateral Management, Nov 29 2012

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

Webinar Thursday Nov 29: CCPs and Collateral Management

Some thoughts on the FSB mandating repo haircuts

Can governments really master securities lending and repo data collection and analysis? A response to the FSB proposal

FSB publishes recommendations on seclending and repo

The Fed and the ECB talk about fire sales and repo

Finadium: CCPs and the Business of Collateral Management (free via Calypso)

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

Is Eurex's CCP the big game changer that securities lending has been waiting for?

Reuters: sovereigns not posting collateral part of UBS's Fixed Income exit

CSA agreements create valuation headaches

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

Finadium report: Understanding the collateral management technology vendor market

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.

Do government SIFI liquidation programs make bank or CCP counterparties safer?

Highlights of Bank of England comments on collateral and collateral transformations

Collateral, collateral transformation and CCPs: a close look at the crazy numbers

Bloomberg article on collateral transformation: more questions than answers

Finadium Conference on October 30 in NYC: updated agenda and registration

An idea about solving the LCR eligible asset problem

JPMorgan takes another step towards dismantling the traditional Futures customer account model

The UK Investment Management Association wants to talk about clearing and segregation of client assets

US Treasury Borrowing Advisory Committee, in an about face, throws support to GCF Repo Indices as benchmark for UST Floaters

Fitch publishes “Repos: A Deep Dive in the Collateral Pool”, an update to the tri-party repo market for less liquid collateral

State Street: more survey data on asset managers and collateral

Analysis: ESMA's securities lending guidelines for ETFs

Sovereigns and OTC Derivatives Clearing: the rules are a mess. We look at an excellent paper from BNYM.

Euroclear vs. Clearstream vs. Banks: whose model works best for collateral management?

Finadium: 2012 asset manager survey highlights CCPs, indemnification, collateralization for non-cleared derivatives

Another shoe drops: Basel Committee and IOSCO issue consultation paper on margin for non-cleared derivatives

Singh and Stella on the velocity of collateral: banks just don't trust each other. We think there is more to it.

Finadium: Building a Culture of Collateral Management at US Asset Managers (free via SunGard)

Finadium: Impact of Moody's Downgrades on Securities Lending, Repo and Collateral Management

Does it make sense to loosen the requirements of the Liquidity Coverage Ratio?

OMGEO nails it on collateral optimization, joins SunGard and 4Sight

Fitch: Collateral Transformation Drives Central Clearing Risks

News on Basel III, money markets, Asian banks and more

Shadow Banking not that Shadowy, says Cantor

Artfully Dodging the Liquidity Coverage Ratio in Securities Lending and Repo.

More factors to consider on the direction of collateral transformation trades

Collateral Transformation Trades for CCPs: Banks say "Sorry, we can't help you"

Bank of New York Mellon targets DTC-cleared paper in the next step in tri-party reform. This one is going to hurt.