Advertisements

Tag Archive: EXOTIC DERIVATIVES


Initially thought of sharing my review on the Wolf of Wall Street today, but I do not wanted to break the series of the EMIR blogregulations that we ended up yesterday choosing the Trade repositories (TR). Now we stand at the point from the Question no.4 of yesterday’s post.

a) Choose a 3rd Party Provider, following your decision to delegate

b) Decide which TR you will connect to, if you will self-report

c) Liaise with your counterparties to find out their requirements, if you will delegate reporting to them.

Question 4: What are the criteria to be taken into account before choosing my 3rd Party Providers?

The 3rd Party Provider should help you adapt to the new workflow for Trade Reporting as it will serve as the go-between with TRs.  Continue reading

Advertisements

As we know this will be the year of Regulators across the globe, the deadlines are approaching to implement the regulations and Googlesome regulations already imposed on the financial industry. Trade Repositories to offer their services to Europe’s entities and ESMA’s updated version of EMIR implementation timeline showed the 12th of February as the start date for trade reporting, for all derivative asset classes, for both ETD and OTC derivatives.

Addressing few questions today and will continue to address in the future posts.

Question1: What’s your budget for Regulatory projects? Continue reading

The world financial market where already under pressure from the Euro crisis, untill yesterday late night when the news broke out JPMorgan has trading loss of at least $2 bln, reputation hit . The CIO unit is where Bruno Iksil was making $200 billion-sized bets. Basically JPM has suffered massive losses at its CIO group most likely due to its IG/HY positions held by Iksil.

Below quotes from Mr Jamie Dimon

  • “…Errors, sloppiness, and bad judgement.”
  • “Bad strategy, badly executed and poorly monitored”
  • “It could get worse. This could go on for a little bit.”
  •  “Badly executed, badly monitored. I’m not going to repeat it 800 times” Continue reading

As I have been continuously posting on the Credit derivatives these days thought of sharing a post that  I did early in 2008 when the face of Investment banking completely changed after sub-prime crisis. 

There was an era  when Investment banking (IB) was on the role … hefty packages, luxurious life, dream job for a financial student were some of the features of IB. Over the years evolved as a very big concept coined by the US, In India we use to call that as a merchant banking .

Goldman Sachs, Bear stern, Morgan Stanly, Lehman Brothers and Merrill Lynch were the 5 icons which use to shine at the wall street over the period of time. Continue reading

As I am trying to communicate from my last post that the market for OTC derivatives is mammoth in size. I have tried to put my views in my past articles over OTC.Derivatives Central Clearning & Dodd – Frank .Central Clearning Of derivatives & Dodd – Frank continues… , Credit derivatives Cat bonds & Cat Swaps ,OTC derivative series CDS, Bonds and Basis Trade

I got the opportunity to read one of the recent paper on Reforming the OTC derivatives market by William C Dudley .

Dudley believes the pre-crisis OTC derivatives market needed reform. Let’e examine his case. Continue reading

%d bloggers like this: