Collateral Management

Finadium report: Futurization of the Swaps Market

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

Our comments on the latest ICMA repo market survey (Finadium subscribers only)

ICMA releases Dec 2012 European Repo Market Survey

Should Central Banks pay interest on CCP deposits? The Fed says yes, we say not such a good idea.

Six ideas for new business opportunities created by AIFMD (Finadium subscribers only)

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

Should we buy into ESMA’s arguments on collateral shortages?

Clearstream releases results of conference voting surveys (collateral transformation, negative interest rates)

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

A bullet dodged as banks repay LTRO early

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

Who is building the best collateral management network? (Finadium subscribers only)

Basel adds corporate bonds and equities to HQLA, but the story doesn’t end here

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

Two models for risk mitigation in collateral transformation trades (Finadium subscribers only)

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