(Global financial markets entered into new levels of volatility over the past month as a result of the Trump administration’s tariff agenda. The impacts stretch from the front office to the middle- and back-office teams and enterprise-wide IT infrastructures. While firms grapple with shifting investor demands and significant market churn, their systems, infrastructures, and strategies… Read More >>
SEC Backs FICC’s Changes for U.S. Treasury Securities
The Securities and Exchange Commission (SEC) has officially approved a rule change proposed by the Fixed Income Clearing Corp. (FICC) to amend the margin framework applicable to covered clearing agencies for U.S. Treasury securities. FICC officials have been actively collecting margin on U.S. government securities transactions for some time now, but the newly approved rule… Read More >>
How to Cope With UMR Compliance: Q&A
(Editor’s Note: Much has been made about buy-side firms and if and when they will have to comply with Uncleared Margin Rules (UMR) and key requirements of the European Union and the U.S. The industry has started to focus on the operational processes they will need in order to comply with the Basel Committee on… Read More >>
