Memorial Day, 2020
Thank your servicemen, ask if they're doing well. Do what you can to honor them. Remember, war is hell. ...
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25 May, 2020
1Q20 Earnings Guidance & COVID-19
This article focuses on the 4Q19 Earnings Report with respect to the impact COVID-19 on 1Q20 earnings. Detailing which sectors of the S&P 500 mentioned the impact on earnings calls and the extent 1Q20 will be hurt by the virus. ...
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21 March, 2020
Size of the SOFR Market
Sizing up SOFR is part two of a three-part series on the transition from LIBOR to SOFR. In this article, we discuss the size of the SOFR market: the Repo markets from which SOFR is calculated, SOFR-linked debt issues, SOFR swaps, and futures. ...
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11 February, 2020
SOFR and the LIBOR Loan Market
This article is the first of a series about the transition from LIBOR to SOFR. In this article, we look at fallback and consent language in LIBOR-Linked products. The series will show what each part of the value chain needs to get done,...
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03 February, 2020
Replacing LIBOR
40 years of LIBOR comes to an end. This article covers why LIBOR is being replaced, the markets impacted and steps to transition from LIBOR to SOFR....
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22 September, 2019
The Challenges of Phase Five Initial Margin
The challenges of Phase 5 of the initial margin of uncleared derivatives include are found across the value chain. This article breaks down each job function, lists its tasks and some tips. A roadmap is included at the end, which shows the big...
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06 September, 2019
New Threshold for Phase 5 Initial Margin for Uncleared Derivatives
Phase 1-4 are now in place. The increased load for Phase 5 was changed to give in-scope firms more time to complete the processes necessary for compliance. ...
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04 September, 2019
The New IBOR
The Secured Overnight Financing Rate (SOFR) to Replace LIBOR For new transactions as of April 1, 2018, the old IBOR will continue to be used for existing swaps and loans. As of today, The New IBOR (SOFR) will be used to measure the cost of borrowing...
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10 May, 2018
China Accepted Into IMF
After 5 years of negotiations, China was included in the IMF, effective this weekend, November 6, 2016. This article covers the Special Drawing Rights (SDR) and what China needs to do in order to remain a member in good standing....
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