Tag Archives: futures

Why Regulatory Changes Will Drive FX Trading Volume to Futures

Its been my experience that many in the market are ignoring FX in the global derivatives reform debate, thinking of them as broadly exempt from new rules.  This view is a bit of a red herring.  Our latest research report digs into the regulations set to hit the FX derivatives market and the impact they… Read More »

Is Clearing a Swap 200 Times as Risky as Clearing a Future?

Originally posted on TabbFORUM.com Clearinghouses don’t remove risk. In fact, they concentrate it. But that concentrated risk is mitigated by the structure of the central clearing model. More specifically, position-based margin requirements and minimum excess capital requirements for members create a cushion to absorb losses in the event a member firm collapses. That largely removes… Read More »

The CFTC's Co-location Proposal: Not Ready for Prime Time

Also posted at TabbFORUM.com The CFTC should stick to regulating markets and not try to regulate data center providers.  The recently released proposal by the CFTC does a good job of preventing providers of data center space from competing on their merits and pricing according to market demand.  Don’t get me wrong, I appreciate the spirit of the… Read More »