You are viewing all posts tagged with "CFTC"

Larry Thompson

Guest author - managing director and general counsel of The Depository Trust & Clearing Corporation

25
Jul
2011

The unintended consequences of indemnification

Contributor: Larry Thompson

I had the pleasure recently to speak at SunGard’s New York City Day and focused, in part, on a little known provision of Dodd-Frank, known as indemnification, which is gaining traction as a key issue in the broader debate for enhanced international regulatory harmonization. Swap data repositories (SDRs) are essential to bringing transparency to the market, and indemnification is intended to ensure the confidentiality and safety of data they hold and report—a laudable goal by any standards. But this provision may prove to be more complex – and potentially damaging – than envisioned.... read more

Tony Scianna

deputy head of strategy, SunGard’s capital markets business

19
May
2011

Industry Roundtable: Dodd-Frank Rule Implementation

Contributor: Tony Scianna

We’ve talked a lot on this blog about the new rules and requirements that will soon affect the financial industry as a whole. After catching up with John Omahen, vice president of our post-trade derivatives solutions, who recently attended talks with regulators in Washington, D.C., it is clear that there is still a lot of work to do. I asked John some questions about his participation in a joint CFTC-SEC roundtable discussion on May 2. Take a look at the Q&A below to see what John had to say. Do you have your own Dodd-Frank implementation questions?... read more

John Doran

principal, SunGard Global Services’ energy practice

2
May
2011

What is behind the recent rise in energy prices?

Contributor: John Doran

Gasoline prices in the United States are averaging close to $4 a gallon, nearly double what they were just one year ago. According to Platts, the production levels from OPEC dropped by approximately 580,000 barrels per day between February and March of this year due to lost production resulting from political turmoil throughout Africa and the Middle-East. Also, the uncertainty associated with the earthquake and subsequent tsunami in Japan caused global market fluctuations. ... read more

Tony Scianna

deputy head of strategy, SunGard’s capital markets business

10
Mar
2011

OTC Derivatives and the Question of When

Contributor: Tony Scianna

It had been a while since I participated in a Twitterview – a real-time interview via Twitter – so I was glad to have the opportunity to join TABB Group’s senior analyst Kevin McPartland in yesterday’s “DerivChat” conversation. SunGard’s own director of analyst relations, Alyssa Gilmore, moderated the discussion, which focused on OTC derivatives. If you didn’t see it happening in real time, you can read the interview here or in Twitter Search under #derivchat. And if you have your own answer to one of the questions or want to ask something new, leave a comment for us below. ... read more

Chris Lees

former vice president, SunGard’s global trading business

3
Mar
2011

Start your engines: The future of high frequency trading

Contributor: Chris Lees

On March 27th the 2011 Formula 1 season kicks off with the Qantas Australian Grand Prix. Each of the teams will have spent untold millions of dollars refining their cars to be as fast and as aerodynamic as possible. The drivers will study the tracks and other drivers carefully, plotting and memorizing the optimal driving lines, and when the race day arrives they will constantly drive at the edge of their ability in their bid to win pole position. Speed is everything in this game and anything - from the tilt of a fin to the flow of air over the nose - can give the vital, incremental advantage needed to win. But driving at such speeds carries very serious risks both for the drivers, those around them, the spectators, and ultimately the reputation of the sport. That's why each year the Fédération Internationale de l'Automobile (FIA) issues a set of rules designed to promote safety and fairness between the teams by strictly governing the design and performance of the cars. On February 3rd the FIA published fifteen such technical rules for the 2011 season - four based on safety considerations and eleven addressing fairness. Together they control detailed technical specifications such as the placement of rear-view mirrors, minimum chassis height and the aerodynamic design of rear fins. Does any of this sound familiar? ... read more