Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/eetMCfbwoceYbygJSXpU

January 9, 2013
Sign upForwardArchiveAdvertise
Daily coverage for the global derivatives industry

  Top Stories 
 
Margin Savings up to 90% for Cleared OTC IRS vs. Futures
90% is no small number - especially when it comes to margin savings. Market participants have been actively utilizing portfolio margining of Cleared OTC IRS and Eurodollar and Treasury futures, and total risk reductions now account for over $1 billion in initial margin savings - figures that remain unparalleled in the industry. Click here to learn more.
  Industry News and Trends 
  • Euribor contributors might exit amid difficulty and liability
    Rabobank Groep's departure from contributing to the Euro Interbank Offered Rate might spark a wider exit, said Cedric Quemener, director of Euribor-EBF. Rabobank says a decline in interbank lending has made it difficult to calculate the benchmark, and others note the legal liability and regulatory burden associated with it. Bloomberg (1/8) LinkedInFacebookTwitterEmail this Story
  • Singapore Exchange tightens risk management
    Singapore Exchange says it has allocated more funds to its two clearinghouses and has increased transparency in a general tightening of its risk management. The moves may clear the way for banks in the U.S. and Europe under new regulatory requirements to be members of SGX's clearinghouses. Reuters (1/8) LinkedInFacebookTwitterEmail this Story
  • Bank's group gets around vow to halt proprietary trading
    Multi-Strategy Investing, a Goldman Sachs group, is wagering about $1 billion of the company's money on stocks and bonds, despite the bank's recent assurance that it no longer engages in such activity, say sources who worked for or with MSI. Bloomberg (1/8) LinkedInFacebookTwitterEmail this Story
  Regulatory Roundup 
  • Lew reportedly is likely choice for U.S. Treasury chief
    White House Chief of Staff Jack Lew might succeed Timothy Geithner as Treasury secretary, sources say. Lew is said to have helped supervise White House strategy during budget negotiations while keeping Wall Street executives up to date. Bloomberg (1/8) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Memory is a complicated thing, a relative to truth, but not its twin."
--Barbara Kingsolver,
American novelist, essayist and poet


LinkedInFacebookTwitterEmail this Story

 
ISDA® is a registered trademark of the International Swaps and Derivatives Association, Inc.
 
Subscriber Tools
     
Print friendly format | Web version | Search past news | Archive | Privacy policy

Advertise
Associate Publisher:  Abiy Bekele (919) 931-5915
 
Read more at dailyLead.com
A powerful website for dailyLead® readers including:
 
 
 Recent ISDA dailyLead Issues:   Lead Editor:  Sean McMahon
     
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
 
 
© 1999-2013 SmartBrief, Inc.® Legal Information