OTC Derivatives Market Notional Tops $700 trillion. But Gross Credit Exposure — the number to watch — drops to $3 trillion.
Promontory paper on CCPs and indemnification puts one question to bed while raising many tougher ones
“The roots of shadow banking” by Enrico Perotti: placing the blame for market collapse on repo's safe harbor provisions.
Wednesday News Roundup: everyone can be a SIFI, the staying power of regulatory arbitrage (Finadium subscribers only)
New York Portfolio Clearing to be consolidated into ICE Clear Europe…Is there more to it than cost savings?
What's the right margin for collateral in securities lending? 102%? 105%? 120%? (Finadium subscribers only)
Tuesday news roundup: modeling risk assets, illiquid collateral, EU money markets and CCP transparency
What will be the fate of risk assets if they are excluded from repo CCPs and tri-party fire sale solutions?
Eurex interview with Finadium: “Market participants are most concerned about netting of counterparty exposures”
White paper argues up to 97% savings from using a securities lending CCP, but best to look a little closer before repeating those figures
The CFTC and liquidity rules for DCOs: do they need committed repo facilities for their US Treasuries?