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Tag Archives: OTC

Mosaic Data touts analytics platform that could cut trading losses John Lothian Newsletter,Newsletter

data matrix

First Read Hits & Takes By JLN Staff The opinion piece in the Pekin Daily Times takes aim at the hedge fund and alternative investment space, including research saying that “of the 33 states for which data was available, the average state pension fund returned 5.46 percent over the decade ending in June 2017. A sample index fund of 60 percent stocks and 40 percent bonds returned 6.4 percent on an annualized basis during that time.”~JK Brookings put out a study on global metropolitan areas with the fastest growing economies, and the list of the top 50 as measured by…

Decreasing Collateral Tech Spend – Steve Husk, CloudMargin Feature,Mwiki,Video,video

CloudMargin, a cloud-based collateral management platform, spent 2017 acquiring new clients, including two tier one institutions.  In 2018, CloudMargin wants to double its client list from 50 to 100 firms. According to CloudMargin CEO Steve Husk, banks can spend $1000 a year managing and maintaining each of its credit support annexes (CSAs) – CloudMargin’s technology brings that number down to around $100. In this video from JLN’s annual series with industry leaders, Husk talks about more goals for CloudMargin and why the company doesn’t do bespoke solutions.  Produced by Mike Forrester Interview by Jim Kharouf

SEC charges ICO backers with fraud; Libor alternative; UK gender pay gaps John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Dr. Richard Sandor, chairman and CEO of AFX, will discuss his personal journey of innovation throughout the capital markets during a keynote presentation at Fintech Exchange 2018 in Chicago on April 26.~JJL Speaking of the AFX, they set a volume record in March.~JJL CME Group put out a couple of pieces about Asia recently. In case you missed it, March 22 had The Growing Influence of Asia In Derivatives Trading and on March 29 CME published Asia’s Growing Role in Energy Trading. Sensing a theme yet?~SD According to their 2017 Corporate Citizenship Report,…

Women In Listed Derivatives 4th Annual Symposium | The Evolution of Women in Listed & OTC Derivatives Interview,Video

October 15, 2015 3:00 PM – 6:30 PM with networking drinks until 8:00 PMFederal Reserve Bank of ChicagoThird Floor Conference Center230 South LaSalle StreetChicago, Illinois Cost is $50 Come join us for an interesting and inspiring symposium on the constant changing nature of the derivatives industry and the role of women in it. Three panels – The Generation Shift; Evolution of Women in Risk and IT Roles; and Evolution of Trading – will feature 11 speakers, as well as remarks from Craig S. Donohue, the executive chairman of OCC. Register at: https://wilderivatives.wufoo.com/forms/rsvp-for-wild-2015-symposium/

Brendan Bradley, chief innovation officer, Eurex – The New World of Finance Video

“We are the wheels of industry. You wouldn’t actually have the rest of these businesses operating if it wasn’t for the fact that the finance world still greases all of the wheels making all these businesses come around.” Brendan Bradley, chief innovation officer of Eurex, compares the financial world to the tech industry, and discusses the connection between companies like Google and Goldman Sachs. Bradley says that while the appeal for young people to work for a financial organization may not seem as high as working for a tech firm, it is actually the financial industry that helps tie other…

Canada prepares for derivatives transparency overhaul Blog,Commentary,Regulation

(Marisol Collazo is a Managing Director and U.S. CEO of the DTCC Data Repository) Following the September 2009 commitment by G20 leaders to improve the integrity of the markets, reporting of derivatives trades to trade repositories has become critical to regulatory efforts to monitor and detect the build-up of risk in the financial system. To date, a number of jurisdictions around the world have developed rules and regulations requiring mandatory reporting of derivatives to trade repositories. Derivatives trades are being reported to trade repositories in the United States (since 2012), Japan, Hong Kong, Singapore and Australia (since 2013), the European…

Guest Commentary: Is the buy side really ready for regulatory reform? Commentary,Regulation

David Field

Guest Commentary by David Field. David Field is executive director of Rule Financial, a London-based advisory firm focusing on IT for the global marketspace. His specialty is clearing and collateral management, and he currently advises clients on regulatory changes such as EMIR, with its mandatory OTC clearing requirements. Despite numerous delays to the introduction of mandatory reporting for over-the-counter (OTC) derivatives, the deadlines now finally appear to be on the horizon. Research conducted last year by Rule Financial showed buy side firms to be lagging considerably behind their sell side counterparts in their preparation for the Dodd-Frank reforms; one year…

Guest Commentary: Record Retention, Voice Recording and Disaster Recovery: Traps for CFTC/NFA Market Participants Commentary,Regulation

Jim Falvey

Guest commentary by Jim Falvey. Jim Falvey, general counsel for Green Key Technologies, has been an attorney in the derivatives space for over 15 years. He has served as general counsel of Eurex US and IntercontinentalExchange, as assistant general counsel for CME Group and, more recently, as general counsel and corporate secretary of R.J. O’Brien & Associates, a Chicago-based futures commission merchant. Fifteen years ago Before discussing Commodity Futures Trading Commission (“CFTC”) record retention, voice recording and disaster recovery rules, I think it’s worth reviewing the downside of not complying with these rules up front. Based on my experience, I…

JLN Options: Anxiety high ahead of jobs data, traders guard against surprises Newsletter,Options

Lead Stories Anxiety high ahead of jobs data, traders guard against surprisesDoris Frankel – ReutersOptions market investors are preparing for a bumpy ride in case of a surprise – be it a good or bad number – from the June U.S. jobs report due out on Friday.http://jlne.ws/14RgsTS Up or Down? Decision Time for the Market Michael Kahn – Barron’sStocks are sandwiched between two key technical levels. Which one blinks should make the difference between a summer rally and a rainy day at the beach.http://jlne.ws/18winCU VIX Perks Up on TuesdayWall Street Sector SelectorThe “Fear Index” got a boost on Tuesday as widespread…