Sentences with phrase «swap dealers»
A part of the rapid oil price decline in the recent episode could be attributed to the decreased capacity of swap dealers to absorb the sales.
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«If left unchanged, these capital rules will eventually cause non-bank swap dealers to exit the business,» Dunaway said at the hearing.
However, the CFTC does not directly regulate individual firms, apart from newly registered swap dealers and participants.
The non-commercial classification does not include swap dealers and commodity index trading is generally considered as commercial»
That is because the CFTC rules, created as part of the 2010 Dodd - Frank financial reform law, allow banks to calculate capital needs using their own proprietary models but force non-bank swaps dealers to use standardized models.
Of the 84 registered swap dealers, less than a quarter are non-bank entities.
«The provision would simply level the playing field between bank and non-bank swap dealers,» said Mark Klein, a spokesman for Cargill.
On Oct. 26, the Commodity Futures Trading Commission issued an order that will keep the swap dealer de minimis threshold at $ 8 billion until December 2019.
Swap dealers are net - long and have added to that position by adding more longs and cutting gross shorts.
In his third year of law school, Park received the J.B. and Maurice C. Shapiro Public Service Fellowship for his outstanding government service, and served as a legal intern in the Division of Swap Dealer and Intermediary Oversight at the CFTC.
There's been an abundance of commentary on the net long position of the «Swap Dealers» in Comex silver futures per the COT report.
As of the latest COT report, the Swap Dealers are net long almost 22k silver contracts.