Sentences with phrase «otc derivative»

Utilized project management skills to lead division wide effort for Dodd / Frank implementation for the clearing of OTC derivative products including interest rate swaps and credit default swaps

ASC Blanket Order 91 - 505 provides an exemption for the legislated definition of a futures contract under the Act that captures an OTC derivative transaction in Alberta as a trade in a security.

The implication of this legislated definition means that every OTC derivative transaction entered into by an Alberta derivatives market participant would be subject to both the Act dealer registration and prospectus requirements but for the ASC Blanket Order 91 - 505.

• ASC Blanket Order 91 - 505 provides for exemptions from the prospectus and dealer registration requirements for OTC derivative transactions between sophisticated counterparties who meet the definition of a «qualified party» as defined in ASC Blanket Order 91 - 505.

However, ASDC Staff stated in this Staff Notice that the Executive Director had not imposed any such requirements on OTC derivative transactions in Alberta as at this time.

In Canada, a similar situation is not expected although in 2012 the Horizons Beta Pro's leveraged ETF products listed below have OTC derivative contracts maturing.

We hope the report will encourage them to be more aware of the risks of these types of products as well as improve their understanding of the standards of practice they should expect from retail OTC derivative providers», she added.

OTC derivative instruments, which resemble calls and puts, are referred to as caps and floors.

We represent clients in transactions involving OTC derivative financial products, advising numerous commercial and investment banks, as well as major corporations, insurance companies and other end - users of these products.

This reflects, at least in part, a view that their OTC derivative markets are small and, relatedly, did not pose a problem for their banks during the financial crisis.

The Australian agencies currently anticipate that additional assessments will be undertaken over the next year or so, in order to monitor the Australian market's progress in making the transition to central clearing, along with the other G - 20 commitments around OTC derivatives reforms.

In most cases, the large domestic banks have taken the initial step of concluding client - clearing agreements for some of their OTC derivatives business.

[10] The survey separately identifies OTC derivatives that can be used to hedge FX risk (such as forwards, swaps and options) and OTC derivatives that can be used to hedge interest rate risk (such as single - currency fixed for floating rate swaps).

Edey M (2015), «The Transition to Central Clearing of OTC Derivatives in Australia», Speech at the International Swaps and Derivatives Association's 2015 Annual Australia Conference, Sydney, 22 October.

The 2016 BIS Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets Activity was undertaken in two parts: the turnover portion measured activity in FX and OTC single - currency interest rate derivatives markets in the month of April, while the outstandings portion — not yet available — measured the amount of OTC derivatives outstanding as at the end of June.

And what about the valuations of these funds using realistic mark to market prices for the illiquid assets, like private equity, commercial real estate and OTC derivatives?

I believe, just an educated guess, that the accumulation of silver was out the necessity to make deliveries under paper obligations — LBMA contracts, Comex futures, OTC derivatives.

So developed and multi-faceted has the retail OTC derivatives industry become over the last decade that the prime brokerage element is considered a tour de force, and has been for quite some time.

And, finally, Clinton signed into law the Commodity Futures Modernization Act of 2000, allowing trillions of dollars of OTC derivatives on Wall Street to escape regulation.

Upon further reflection, I believe that the eventual «black swan» event will be an unanticipated derivatives explosion that occurs from an out - of - control OTC derivatives position buried deep off - balance - sheet on one of the TBTFs.

Notice that Kudlow overlooks the $ 10's of trillions of OTC derivatives connected to the sub-prime debt, something that was obvious to many.

The quote above embodies two of the concepts I've been discussing for quite some time in the weekly Short Seller's Journals: Central Bank intervention will ultimately fail in spectacular fashion; the Too Big To Fail Banks (TBTFs) currently have more leverage and OTC derivatives — the latter well hidden off - balance - sheet — than just before the 2008 financial crisis / de facto collapse.

The Lehman bankruptcy / liquidation triggered a massive counter-party failure by AIG on OTC derivatives underwritten by Goldman Sachs.

Green reminded attendees that Lehman «had around 930,000 OTC derivatives contracts at the time of its failure.»

Green also reminded the Congressional members present that the «unregulated OTC derivatives market was at the heart of the 2007 - 2008 financial crisis, which cost 8.7 million Americans their jobs, 10 million families their homes, and eliminated 49 percent of the average middle - class family's wealth compared with 2001 levels.»

At a minimum, OTC derivatives that can not be standardized should have heightened capital requirements in order to reduce the impact of potential failures.

OTC derivatives required less market - making capital than exchange - traded instruments, and the conserved capital could support more real economic activity.

The ban will apply to OTC derivatives and not to trading on a regulated exchange or on a multilateral trading facility, which is designed to supplement a Belgian distribution ban that was already in force for certain products, such as financial products with Bitcoin or other cryptocurrencies as their underlying.

In recent years, ASIC has made a number of public statements about the disturbing degree of non-compliance in the retail OTC derivatives sector.

ASIC identified two interrelated trends in the course of the surveillance program: significant increase in the number of license applications from entities seeking to operate retail OTC derivatives financial services businesses in Australia, and growing non-compliance with the Australian regulatory requirements by existing AFS (Australian financial services) license holders.

4) A Comprehensive Framework of Oversight, Protections and Disclosure for the OTC Derivatives Market

Since the option value (whether put or call) is increasing in this parameter, it can be inverted to produce a «volatility surface» that is then used to calibrate other models, e.g. for OTC derivatives.

The investment management services operations and corporate operations enter into OTC derivatives, such as interest rate swaps, currency swaps, credit default swaps and total return swaps, which predominately trade in liquid markets.

If I decide to trade OTC derivatives, I take on counterparty risk.

Our Specialised Clearing Services include Global execution services, Managed futures services, FX trading & clearing, Energy, metals & Commodities, OTC Derivatives and CFD.

A novel partnership between Clifford Chance and Thomson Reuters was unveiled earlier this week as legal service providers look for innovative ways to help their financial institution clients adapt to onerous new OTC derivatives regulation.

At the end of 2016 Clifford Chance and Thomson Reuters was unveiled a partnership to help their financial institution clients adapt to the new OTC derivatives regulation.

Ingrid's practice covers OTC derivatives, structured derivatives and structured finance, including credit linked notes, repackagings, project, leveraged and Islamic finance hedging, transactions for regulatory capital purposes, and the restructuring of such arrangements.

OTC Derivatives Regulation Under Dodd - Frank: A Guide to Registration, Reporting, Business Conduct and Clearing

As the breakneck pace of the OTC derivatives regulatory regime continues, the third edition of OTC Derivatives Regulation Under Dodd - Frank: A Guide to Registration, Reporting, Business Conduct, and Clearing, co-edited by Davis Polk partner Gabriel D. Rosenberg, integrates into a single volume a summary of this daunting new regime and raises key issues with which market participants are struggling.

ASC Staff provided the legislative status of the current bill to amend the Act (Bill 42 Securities Amendment Act, 2013) and summarized the ASC's current regulatory framework governing OTC derivatives trades in Alberta.

• In addition, the ASC regulates OTC derivatives transactions in Alberta through ASC Blanket Order 91 - 505 Over-the-counter Derivatives Transactions («ASC Blanket Order 91 - 505»).

If you have any questions about the ASC's current regulatory framework governing OTC derivatives transactions or require more information regarding the Canadian Securities Administrators» OTC derivatives regulation initiatives and the Canadian OTC Working Group and how it could impact your derivatives and trading operations, please contact:

Advising a number of corporates in relation to the impacts of the FATCA and its anticipated implementation in the UK through the Finance Act 2013 and the Dodd - Frank Act and its European equivalent EMIR in relation to the regulation of OTC derivatives.

IHS Markit currently offers pricing and valuation services for vanilla and exotic OTC derivatives, fixed income cash products, private equity and illiquid debt instruments.

With a specialism in OTC derivatives, repurchase (repo), stock - lending, prime brokerage and structured products documentation.

Streamlining the entire OTC derivatives legal documentation process — creation, negotiation and management of agreements.

He has 20 years of experience as a finance lawyer, especially in debt capital markets, structured finance, trust and agency and OTC derivatives and financial regulation.

For example, in my shift from a quasi-legal role at an investment bank into a student - at - law position, I drew on my niche experience with OTC derivatives as my connector and targeted law firms that had an existing practice in that area or was building one out.

Sundaresan said the OTC derivatives market is worth over $ 16 trillion in the US alone.