Thursday, 25 April 2024 08:52 GMT


               US          Europe          Arab          Asia          Africa    
|      Politics          Economy     Oil&Energy         
                 Entertainment          Sport
Main Events Organizers Add Event Edit Organizer Login


 






Collateral Optimisation and Central Counterparty Clearing

 

With the Dodd-Frank Act in the USA and MiFID and EMIR legislation in Europe, regulators on both sides of the Atlantic have permanently reformed the OTC derivatives markets. However, the forcing of standardized trades through central clearing counterparties (CCPs), the use of trade repositories, credit hubs, SEFs, and the associated requirements for margin creates significant challenges on collateral management. There are significant operational differences between derivatives transactions that are cleared at a CCP (where collateral is posted to the CCP) and those in the bilateral market, such as exotic derivatives (where market participants post collateral directly with each other). At the same time, collateral usage for derivatives continues to grow in terms of trade volume subject to collateral agreements and in terms of credit exposure covered by collateral. This reflects a long-term trend toward increased collateral coverage. Collateral usage for OTC derivatives also continues to grow with regard to coverage of credit exposure. Approximately 50 percent of collateralized counterparties of the largest derivatives dealers are hedge funds or institutional investors, while 15 percent of their collateralized counterparties are corporations and 13 percent are banks.

 


Location:
 Miami, United States of America
Country:
  United States
Start Date:
 Oct 27, 2014
End Date:
 Oct 28, 2014
Organizer:
 N/A
 
 
** To register please Click Here


Search