Category: TV

The Impacts of Volcker on the Corporate Bond Market

I recently spoke with Rashad Kurbanov who is a Managing Director at consulting firm Investance in NY.  We had an interesting discussion about how the credit markets might evolve in the coming months, with corporate bonds impacting CDS liquidity and vice versa.  This is a topic I will continue to dig into in great detail […]

Fixed Income Markets 2012: Changes Ahead. Staying Ahead

 Our 2012 Fixed Income Trading event is taking place on Tuesday January 24th. We have a great agenda for the afternoon that should shed some light on what the major players in the fixed income markets are thinking about liquidity, derivatives reform, the sovereign debt crisis and a whole host of other issues we’re […]

Presenting to the CFTC on Swaps Liquidity Fragmentation (and Aggregation)

On Tuesday, December 13th I presented to the CFTC Technology Advisory Committee. Chairman Gensler and Commissioners O’Malia and Wetjan were all there. Each panelist, myself included, gave a 15 minute opening and then we participated in an open Q&A with the Chairman, Commissioners and the members of the TAC. Maybe I’m just optimistic, but it […]

My Conversation with Dan Maguire, Head of Swapclear US (Video)

MF Global and the Euro crisis have made people think about counterparty risk again.  Counterparty risk concerns are good for clearing, and Swapclear US is all over it.  Here are I talk to its US head Dan Maguire about their enhanced functionality, success to date and the “fun” Dan had living through Lehman.

My Conversation with Walt Lukken, CEO of NY Portfolio Clearing and ex-CFTC Chairman

Having been on both sides as a regulator and now an industry participant, Walt’s perspectives are fascinating.  Here we talk about NYPC’s success to date, how the potential NYSE/DB merger could impact his business and when he thinks the CFTC will get the rules finalized.

My conversation with TriOptima about their plans after central clearing

TriOptima – now owned by ICAP – has been at the center of trade compression and portfolio reconciliation for nearly a decade. Derivatives reform rules certainly change things – trading will become more automated and clearing will bring a lot of compression into the clearinghouse. But as I’ve learned, TriOptima still is poised to sit […]