The Derivatives Service Bureau (DSB), a global reference data source for over-the-counter (OTC) derivatives transactions, has released data indicating that U.K. markets are ready for the onset of Unique Product Identifier (U.P.I.) reporting, slated for September 30, 2024, under revised U.K. EMIR rules. “The U.P.I. is reported to trade repositories so regulators can monitor the… Read More >>
Derivatives Document Negotiations Need More Automation
After conducting a survey on document negotiation, the International Swaps and Derivatives Association (ISDA) is making a strong case for more digitization of derivatives documentation. ISDA officials are also arguing that firms use ISDA Create, an online platform for negotiating, producing, and executing derivatives documentation. This includes the ISDA Master Agreements, variation margin credit support… Read More >>