As the advocacy role of the Swaps and Derivatives Market Association (SDMA) evolves, industry participants will inevitably compare it to the International Swaps and Derivatives Association (ISDA), which has been in existence since 1985.“We’re not really in competition with ISDA—it’s done a fabulous job, historically, of addressing the needs of a bilateral marketplace,” says Jamie… Read More >>
The End of Bilateral Darkness?
A major story that got scant attention in the US is the European Union’s investigations into whether a financial technology vendor, a clearinghouse and major banks engaged in antitrust activities in the credit default swaps (CDS) market. The EU action is similar to one started by US authorities in 2009 and both efforts, along with… Read More >>
