Mon, Feb 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

How Eurex helps its members meet margin requirements under Dodd Frank

Friday, December 13, 2013

Beverly Chandler, Opalesque London:

The Opalesque 2013 New York Roundtable, sponsored by Maples Fund Services, Eurex and Taussig Capital saw Byron Baldwin of Eurex North America discussing the most recent wave of far reaching regulatory change experienced by the global markets.

"Mandatory OTC clearing for IRS and credit under Dodd Frank is now in place in the U.S., and now the focus will shift to Europe and OTC clearing in Europe. One of the biggest challenges for the buy side with the introduction of OTC clearing is having to provide collateral for initial margin on a daily basis" Baldwin explained.

"EurexOTC Clear accepts a wide range of eligible collateral, governments, corporates, equities – over 25,000 ISINs – to meet margin requirements. From May 2014, EurexOTC Clear will offer the cross margining of Eurex-listed derivative products and IRS which will give the buy side significant margin and collateral efficiencies."

The exchange is currently offering all buy side firms the opportunity of sending portfolios of listed and IRS positions so they can see the margin efficiencies they will achieve with cross margining. "EurexOTC Clear offers an innovative and unique interim participant facility whereby if the buy side firms’ ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Legal - Fannie, Freddie shares dive after U.S. appeals court ruling[more]

    From Reuters.com: Shares of Fannie Mae and Freddie Mac tumbled more than 30 percent on Tuesday after a U.S. appeals court shut down efforts by hedge funds and other investors to pursue numerous legal claims accusing the U.S. government of seizing their profits following taxpayer bailouts. By a

  2. Institutional investors plan to raise allocations to alternative assets in 2017[more]

    Komfie Manalo, Opalesque Asia: A survey by Context Summits Miami showed that nearly 72% of institutional investors and family offices plan to raise their allocations to alternative asset managers this year, suggesting continued strong demand for the industry. "As many large, brand name f

  3. Comment - Mortgages, mergers and hedge fund fees, Fairholme's Berkowitz responds to court ruling against hedge fund suits of Fannie Mae[more]

    Mortgages, mergers and hedge fund fees From Bloomberg.com: Yesterday the U.S. Court of Appeals for the D.C. Circuit handed down an odd decision in a lawsuit over the government's nationalization of Fannie Mae and Freddie Mac. The key issue is what's called the "Third Amendment," the 2012

  4. Investing - Hedge funds continue to chase the herd in record Momentum wager, Marshall Wace bets grocer Sainsbury may need rights offering, Hedge fund net exposure has started to retreat, David Tepper's Appaloosa fund makes a huge buy, The 10,000-mile journey to Short Australia, Skeptical hedge fund investors grill Evan Spiegel about Snap's I.P.O.[more]

    Hedge funds continue to chase the herd in record Momentum wager From Bloomberg.com: Hedge funds can't get enough of momentum - even if it means embracing an investing strategy they hate. Loosely defined as betting on shares that went up the fastest over the preceding nine-to-12 months, h

  5. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s