ISDA is delighted to welcome Michel Held @NewYorkFed, who will give the first keynote address at the ISDA #Benchmark Strategies Forum #LIBOR #isdabenchmarks @ISDAConferences
ISDA Wed 15 Sep 2021 13:20

Sunil Cutinho at @CMEGroup gives welcoming remarks at the ISDA #Benchmark Strategies Forum. Thanks again to CME for supporting the event #LIBOR #isdabenchmarks @ISDAConferences
ISDA Wed 15 Sep 2021 13:15

There are reasons for optimism but, with only 108 days left, there’s also no room for complacency. We must use the remaining time wisely to ensure everyone is ready for a future without #LIBOR, says @ScottOMalia #isdabenchmarks @ISDAConferences
ISDA Wed 15 Sep 2021 13:15

So far, more than 14,500 entities across nearly 90 jurisdictions have adhered to ISDA’s #IBOR Fallbacks Protocol, which incorporates the fallbacks into existing non-cleared derivatives, says @ScottOMalia #isdabenchmarks @ISDAConferences #LIBOR
ISDA Wed 15 Sep 2021 13:10

For those non-cleared derivatives that remain, robust fallbacks will automatically take effect in the vast majority of cases if firms don’t complete their #LIBOR transition efforts in time, says @ScottOMalia #isdabenchmarks @ISDAConferences
ISDA Wed 15 Sep 2021 13:10

Several important milestones should also spur progress in the transition of legacy #LIBOR portfolios, including a plan by major #CCPs to convert all existing cleared swaps linked to euro, sterling, Swiss franc and yen LIBOR to #RFRs in December, says @ScottOMalia #isdabenchmarks
ISDA Wed 15 Sep 2021 13:10

Trading in #TONA also jumped from 6.9% of total cleared yen interest rate #derivatives DV01 in June to 49.5% in August – a very big step in the right direction, says @ScottOMalia #isdabenchmarks @ISDAConferences
ISDA Wed 15 Sep 2021 13:10

Following the introduction of a ‘SOFR First’ strategy in the US, trading activity in #SOFR reached 12.5% of total cleared US dollar interest rate #derivatives DV01 in August versus 7.4% the previous month, according to data from ISDA and @clarusft
ISDA Wed 15 Sep 2021 13:10

But there are reasons to be optimistic. Trading activity in derivatives linked to alternative rates has been steadily climbing in recent months, and we expect that to continue as we get nearer to the end-2021 deadline, says @ScottOMalia #isdabenchmarks @ISDAConferences
ISDA Wed 15 Sep 2021 13:10

There’s still work to do when it comes to transitioning legacy #LIBOR contracts to alternative rates ahead of the end-of-2021 deadline. Trading in some #RFRs also continues to lag activity in LIBOR, says @ScottOMalia #isdabenchmarks @ISDAConferences
ISDA Wed 15 Sep 2021 13:05

It’s now just 108 days until 30 #LIBOR settings either cease to exist or become non-representative. Much has already been achieved to prepare but, as we approach the final three months, we all need to make a last push to get us across the line, says @ScottOMalia
ISDA Wed 15 Sep 2021 13:05

ISDA CEO @ScottOMalia begins his opening remarks at ISDA #Benchmark Strategies Forum #isdabenchmarks @ISDAConferences
ISDA Wed 15 Sep 2021 13:05

ISDA’s virtual #Benchmark Strategies Forum is about to begin. Sincere thanks to @CMEGroup for supporting this important series of educational events on #IBOR transition #LIBOR #isdabenchmarks @ISDAConferences
ISDA Wed 15 Sep 2021 13:00

The percentage of #trading activity in #SOFR reached 12.5% of total USD IRD DV01 transacted in August compared to 7.4% the prior month, according to the ISDA-@clarusft Risk-free Rate (RFR) Adoption Indicator for August 2021
ISDA Tue 14 Sep 2021 15:59

ISDA-@clarusft Risk-free Rate (#RFR) Adoption Indicator increased to an all-time high of 17.5% in August compared to 14.1% the prior month. Interested in learning more key highlights for August 2021? Read the full report here: Link https://t.co/wcJOjMxtDf
ISDA Tue 14 Sep 2021 15:54

The covered jurisdictions incl. Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Luxembourg, Spain and Sweden. Other jurisdictions will be added to the omnibus module based on market participant feedback
ISDA Tue 14 Sep 2021 12:48

The ISDA BRRD II Omnibus Module covers jurisdictions that have transposed the revised BRRD into national law and supersedes the earlier French and German modules to the JMP that enabled compliance with local resolution legislation in those countries
ISDA Tue 14 Sep 2021 12:48

ISDA has launched a new module to the ISDA Resolution Stay Jurisdictional Modular Protocol (JMP) that will enable firms to comply with changes to the EU Recovery and Resolution Directive (BRRD). Click here to read the release: Link
ISDA Tue 14 Sep 2021 12:48

Total European interest rate #derivatives (IRD) #trading activity reported by approved publication arrangements & trading venues in the EU & UK was $11.6 tln. Click here for more June highlights from ISDA's report, IRD Trading Activity in the EU, UK & US Link https://t.co/eCftWX4jV5
ISDA Tue 24 Aug 2021 15:19

Using phases five and six as an opportunity to #automate key processes and transform collateral management as part of their compliance will ensure firms are fully prepared for the #derivatives market of the future, writes @ScottOMalia
ISDA Thu 19 Aug 2021 10:21

Phase-five and phase-six entities can benefit from the platforms and technologies that were developed for earlier phases, enabling them not just to meet the requirements but to enhance operating processes at the same time, writes @ScottOMalia
ISDA Thu 19 Aug 2021 10:21

There is an opportunity to leverage industry solutions to bring greater automation and efficiency to collateral management and so be in a better position to manage the increase in margin calls and settlements, says @ScottOMalia
ISDA Thu 19 Aug 2021 10:21

The final phases of the IM requirements will drive an increase in daily #margin calls, settlement volumes and collateral disputes, putting a real strain on the industry unless market participants transform collateral management, writes @ScottOMalia
ISDA Thu 19 Aug 2021 10:21

ISDA CEO @ScottOMalia has written a new derivatiViews blog on using the global initial margin requirements to drive efficiencies in #collateral management. Click here to read the full blog: Link
ISDA Thu 19 Aug 2021 10:21

The Present Value highlights 3 papers - Currency Hedging: Managing Cash Flow Exposure from @nberpubs; US Dollar Currency Premium in Corporate Bonds from @IMFNews & Climate Default Swap: Disentangling the Exposure to Transition Risk Through CDS from @ssrn Link
ISDA Wed 18 Aug 2021 16:00