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Does the OTC Market need clearing?
Ricky Maloney at Ignis Asset Management posted a question on LinkedIn “Does the OTC market need clearing?”, you can see the progress of the discussion using this link here (membership of LI and the CCP...
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Determining if SEF Aggregation Really Matters
The Smart Automated Agency Broker (SAAB) via Determining if SEF Aggregation Really Matters. Good extract from a paid-for TABB report on alternative ways to get to the new Swap Execution Facility...
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Will Rhode of Tabb Comparing Swaps & Futurised Swaps
A great piece of research comparing the differences in cost and regulation of equivalent OTC & ETD products, here Filed under: Central Counter Party, Dodd Frank, Eris, Execution, Initial Margin,...
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Big Bang for IRS? Standardised Coupons Coming?
Like the “big bang” for CDS which moved them to standard coupons, “The nonbinding proposal would see some of Wall Street’s biggest customers trade interest-rate swaps on the same payment dates and...
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The Evolution of Executing Futures– Part 1 | SingleDealerPlatforms.org
A really good history of futures, which illustrates the passion by Gary Gensler to bring OTCs into the same framework. The Evolution of Executing Futures– Part I | SingleDealerPlatforms.org. Filed...
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Bank-backed initiative to ease SEF migration | thetradenews.com
Standard messaging using FIX for SEFs, full story below. Bank-backed initiative to ease SEF migration | news | Trading & Execution | Industry issues | thetradenews.com. Filed under: Execution, FIX...
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Streetwise Professor » I Was Wrong. But Not as Wrong as What I Was Wrong About.
SWP points out the worst of Dodd Frank (in his opinion), the Made Available to Trade rule (MAT). Have a read of his post, then think about some scenarios this could cause: First SEF to launch covers a...
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SEF Applicants under the CFTC Rules
I keep seeing news stories on firms applying to be a SEF, here’s the one’s I’ve seen, send in any others and I’ll add them. State Street SwapEx Announcement (they also own http://www.swapex.com but...
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