‘How the mighty have fallen’ This statement can be aptly applied to the long-end EUREX-LCH basis on the EUR curve which has seen the 30y point on curve fall from around 3.5bps in March 2018, to almost flat earlier this … Read More
How Pre-Trade IM Calculation can optimize margin and reduce collateral drag
The advent of the Uncleared Margin Rules (UMR) has not only put pressure on firms to make their systems compliant with the regulations, but has also put a drag on real returns as a result of the increased need to … Read More
Has the recent volatility due to Fed and Currency Wars affected your margin ?
The last few days have seen a spike in volatility in the market. This is mainly due to the market expectations ahead of the Fed, renewed growth worries leading to a drop in oil and more recently, currency devaluation from … Read More
Cassini Systems set to provide relief to firms affected by BCBS/IOSCO’s change in the final phases of implementation of the Uncleared Margin Rules with an AANA-Management Service
London and New York – July 24rd, 2019 – Cassini Systems, the leading provider of pre and post trade margin analytics, and a provider of a fully featured end-to-end SIMM Calculation Service, has today announced the launch of their AANA-Management … Read More
UMR Extension: Cassini Commentary
BCBS/IOSCO have announced the delay of the roll out of the final phase of Uncleared Margin Rules. Those firms with over 750 BN in AANA will still be required to begin posting Initial Margin from September 1st, 2019. Firms with 50BN-749 … Read More
UMR Phase 5: Managing Business Impact & Why Pre- & Post-Trade Controls are Essential
UMR Phase 5 will have a significant capital impact on in-scope firms’ trading performance. To address this impact, firms need to treat it as a trading risk management process and have calculation tools in their front-office trade workflow that provide … Read More
Three things to consider when choosing a SIMM™margin provider
If you trade bilateral OTC derivatives then you probably know by now that the Uncleared Margin Rules (UMR) are rapidly approaching and will require significant changes to your trading, book management and collateral management processes. The industry has produced plenty … Read More
Calculating Phase 5 AANA for U.S. Regulations
The U.S. non-cleared margin regulations require an earlier calculation period than other jurisdictions to determine whether a party is in-scope for initial margin. Phase 5 IM calculation period in the U.S. is June-August, 2019. To assist market participants that may … Read More
Cassini Systems Named Best Trading and Execution Platform of the Year in HFM US Hedge Fund Technology Awards 2019
New York and London – February 8th, 2019 – Cassini Systems, the leading market provider for pre and post trade analytics for derivatives trading, has been named Best Trading and Execution Platform of the Year in the HFM US Hedge … Read More
