TriOptima, a provider of post-trade services for over-the-counter (OTC) derivatives, reports that market participants have eliminated $500 trillion in notional principal outstanding since 2003, when it introduced triReduce, its multilateral compression service. That amount in eliminated notional principal outstanding includes “cleared and uncleared trades across a broad spectrum of products including cleared interest rate swaps… Read More >>
And, now, the Winter/Spring edition of FTF News Magazine
The long winter has given us at Financial Technologies Forum the extra time we needed to pull together many projects such as the Winter/Spring edition of the digital FTF News magazine, officially debuting today. In the meantime, the FTF News website has been re-launched and we have hit a warp speed that Captain Kirk would… Read More >>
Blazing a New Trail for Cross-Border Derivatives
The rally on Wall Street today spurred by the Fed indicating that its looser money policies will remain for the long term overshadows the good news that European Union regulators and the CFTC have come to major agreements over U.S. derivatives rules. This development will provide much-needed clarity for derivatives markets participants striving to keep… Read More >>
Looking for Glimmers of Hope
The market slides today, a freak snowstorm, MF Global losing more money than the Kardashians (a $10 million wedding for a 72-day marriage?), and the ongoing European debt woes are forcing me to look for glimmers of hope. Luckily, I found them in a global push for greater transparency in over-the-counter (OTC) derivatives market, and… Read More >>
US Regulators Are Looking for Rock Stars Too
US regulators have been recruiting from the financial services industry for top talent just as Congress delays new funding for the rule-making agencies. A spokesperson for the Securities and Exchange Commission (SEC) has confirmed that it has definitely increased its recruitment from the securities industry over the past two years in an effort to keep… Read More >>