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With the regulatory push for central clearing of OTC derivatives, volumes and revenues have significantly increased at clearing houses. But this increases the danger that financial regulations have created the next 'Too Big to Fail' monster.

The European Securities and Markets Authority has created a 'living Q&A' document where it responds to industry questions about the unfolding implementation of derivatives reform in Europe.

The final wave of the swaps clearing mandate will hit in September. But entering into a clearing agreement doesn’t mean swaps trading will be risk-free, as CCPs hold the potential to be an extraordinarily risky part of the market.

Orcun Kaya of Deutsche Bank Research recently released a study highlighting the inconsistencies between the Dodd-Frank Act and EMIR, which the firm says raises the risk involved in regulating the OTC derivatives market.

The derivatives industry is currently split on the use of Financial Products Markup Language (FpML) and the Financial Information eXchange (FIX) Protocol for reporting to swap data repositories (SDRs).

The industry is seeing increasing volumes of cleared swap compression trades. But what are the mechanics of such trades?

The G20’s strategic goal of reining in OTC derivatives is laudable and necessary for protecting the world’s financial system.

Yields on the 10-Year U.S. Treasury benchmark climbed immediately following the release of the Federal Reserve Open Market Committee (FOMC) statement, according to Tradeweb data.

Even as SEF volumes have reached record highs in the wake of the Made-Available-to-Trade determinations, evidence suggests some users are ‘fine-tuning’ contracts in order to continue trading Off-SEF.

While the four largest interdealer-brokers have dominated SEF volumes for interest rate swaps, and Bloomberg’s SEF has controlled credit default swaps volumes, there are opportunities for new entrants to grab a share of the emerging SEF market as new workflows develop.