TITLE

Wanted: CCP Services for OTC Derivatives, Now

AUTHOR(S)
GROENFELDT, TOM
PUB. DATE
October 2008
SOURCE
Securities Industry News;10/6/2008, Vol. 20 Issue 35, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks at the issue surrounding the call for central counterparty (CCP) services for over-the-counter (OTC) derivatives. It discusses how OTC derivatives is considered as a complicated and a hard-to-deal-with financial instrument. The different views on the role of regulators and system providers in the OTC derivatives market are discussed. Also discussed are the implications of the presence of CCP in the market. It is noted that CCP has potential to reduce counterparty risks to OTC derivatives.
ACCESSION #
34695608

 

Related Articles

  • Guidelines prompt buy-siders to improve OTC reconcilliation. Bakie, John // Ai Trade News;2013, p1 

    The article reports that with the implementation of the European Securities and Markets Authority's (ESMA) guidelines regarding the management of derivatives contracts, several buy-side firms are focusing on improving reconciliation processes for their derivatives trades. TriOptim's triResolve...

  • ICE Trust Disputes Brookings Institute Report.  // Securities Industry News;Summer2010 Supplement, p7 

    The article discusses the response of ICE Trust to the Brookings Institute Report which suggests that the company holds a monopoly over clearing over-the-counter (OTC) derivatives. ICE Trust disputes the findings posted by the study which asserts that the company is a monopoly and that they are...

  • A consolidating world. Salcedo, Yesenia // Futures: News, Analysis & Strategies for Futures, Options & Deri;Apr2006, Vol. 35 Issue 5, p65 

    The article explores trends in the derivatives trading market in 2006. The following trends continue in 2006: one-stop-shop exchanges, global consolidation and the changing of exchange and OTC markets. Many exchanges are becoming one-stop-shops, offering multiple asset services. Exchanges are...

  • Repo market under threat.  // Ai Trade News;2013, p1 

    No abstract available.

  • Singapore May Emerge as Derivatives Winner.  // Global Custodian News;Apr2015, p91 

    The article focuses on technology vendor Sungard's head of Post-Trade in Asia John Warren's assessment of the derivatives reform in Asia. Topics discussed include the potential of Singapore to establish itself as the clearing hub in Asia, delays in the implementation of the reform of...

  • FINRA Adjusts OTC Manning. Chapman, Peter // Traders Magazine;Oct2007, Vol. 20 Issue 273, Special section p22 

    The article reports on the discovery of Financial Industry Regulatory Authority (FINRA) to adapt Manning rules to over-the-counter (OTC) trading in the U.S. It stated that FINRA made some adjustments as dealers complained that the rules are designed for the listed markets. It also claims that...

  • Some misconceptions about OTC markets. Marcus, Daniel; Tshikali, LiĆ©vin // Law & Financial Markets Review;May2010, Vol. 4 Issue 3, p263 

    This article explains the inner workings of over-the-counter (OTC) markets and suggests appropriate future regulations for some important areas of capital market activities. The article highlights that appropriately regulated OTC markets should be encouraged and developed, based on the benefits...

  • Mandatory clearing of OTC derivatives in Europe. Zebregs, Bas // Journal of Securities Operations & Custody;May2011, Vol. 4 Issue 1, p50 

    In this paper the author first examines the current bilateral OTC derivatives market. He then turns to how, under the EMIR Regulation, clearing works in general and the clearing of OTC-derivatives in particular. Finally, he discusses the supervision of CCPs and goes into the situation of when a...

  • OTC market faces an uncertain future. CAIRNS, PATRICK // Finweek;6/19/2014, p30 

    The article discusses the proposed directive plan of the South African financial regulatory agency Financial Services Board (FSB) concerning on unlicensed financial exchanges in the over-the-counter (OTC) markets in South Africa. The proposed directive refers to the Financial Markets Act (FMA)...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics