The Swap

The ISDA Standard Initial Margin Model has proved to be one of the most consequential industry models ever developed. The Swap talks with two industry veterans involved in its development. Produced by Hangar Studios Hosted on Acast. See acast.com/privacy for more information.

As she nears the end of her term as chair of the European Securities and Markets Authority, Verena Ross joins The Swap to discuss progress in simplifying and reducing the burden of EU financial regulation, including transaction reporting. Produced by Hangar Studios Hosted on Acast. See acast.com/privacy for more information.

This year’s ISDA Annual General Meeting featured discussions on the growth of digital assets and tokenized collateral, how AI is being used in financial services and changes to the regulatory framework. The Swap looks back at the conversations. Hosted on Acast. See acast.com/privacy for more information.

As the Clarity Act works its way through Congress, US regulators are evolving their approach to digital assets. SEC commissioner Hester Peirce joins The Swap to talk about crypto regulation, Treasury clearing and artificial intelligence. Hosted on Acast. See acast.com/privacy for more information.

With less than nine months to go until the first US Treasury clearing mandates come into force, BlackRock’s Tyler Wellensiek and BNY’s Nate Wuerffel discuss industry progress. Hosted on Acast. See acast.com/privacy for more information.

Tokenization has the potential to bring much-needed efficiency and flexibility to collateral management. Sandy Kaul from Franklin Templeton and the DTCC’s Joseph Spiro talk about the opportunities and the path to broader adoption. Hosted on Acast. See acast.com/privacy for more information.

ISDA’s chair Amy Hong sets out priorities for the association in 2026 and the important role that technologies like tokenization and artificial intelligence will play in modernizing derivatives markets. Hosted on Acast. See acast.com/privacy for more information.

Global policymakers are focused on a wide-ranging set of issues, including NBFI and the rapid development of advanced technologies. IOSCO secretary general Rodrigo Buenaventura unpacks the regulatory agenda. Hosted on Acast. See acast.com/privacy for more information.

The pace of change in derivatives markets shows no sign of letting up, with rapid evolution across trading, regulation and technology. Industry veteran Don Wilson, founder of trading firm DRW, talks to The Swap about some of the biggest trends. Hosted on Acast. See acast.com/privacy for more information.

Markets have been volatile so far this year, but what has this meant for market liquidity? The Swap talks to Chris Edmonds from Intercontinental Exchange on trading activity and the market, economic and geopolitical outlook. Hosted on Acast. See acast.com/privacy for more information.

A new report from ISDA shows that companies all over the world use derivatives to alleviate uncertainty, transfer risk and enhance profitability. ISDA discusses the findings with BCG’s Roy Choudhury. Hosted on Acast. See acast.com/privacy for more information.

The start of ISDA’s 40th anniversary coincided with the appointment of a new ISDA chair, Jeroen Krens. In this episode, we hear about his plans for the association and main strategic priorities. Hosted on Acast. See acast.com/privacy for more information.

To mark ISDA’s 40th anniversary, The Swap meets two pioneers of the derivatives market, Tom Jasper and Jeffrey Golden, to discuss the emergence of derivatives and the importance of standards Hosted on Acast. See acast.com/privacy for more information.

In this review of the year, ISDA CEO Scott O’Malia and Chairman Eric Litvack look back at the derivatives market and regulatory issues dominating 2024, including Basel III, Treasury clearing and non-bank financial intermediation. Hosted on Acast. See acast.com/privacy for more information.

Voluntary carbon markets could play an important role in the shift to net zero but what’s needed to build liquidity and ensure transparency in this market? ISDA CEO Scott O’Malia talks to Rubicon Carbon’s Tom Montag. Hosted on Acast. See acast.com/privacy for more information.

As regulators look to tackle perceived risks posed by non-bank financial intermediation, Bruce Tuckman from the Stern School of Business gives his views on what’s driving these concerns and how they might be resolved. Hosted on Acast. See acast.com/privacy for more information.

With just weeks to go until the US election, ISDA talks to Rhod Shaw from government affairs consulting firm Alpine Group about the key policy issues and the implications for the financial sector. Hosted on Acast. See acast.com/privacy for more information.

Clearing of derivatives has been a key regulatory objective since the 2008 financial crisis, but proposed changes to US capital rules would make clearing much more expensive. Scott O’Malia discusses the implications with LSEG’s Daniel Maguire. Hosted on Acast. See acast.com/privacy for more information.

Geopolitical risk has become a focus for financial institutions, with the potential to cause extreme volatility in financial markets. How are banks thinking about this? Scott O’Malia talks to Citi’s Brent McIntosh. Hosted on Acast. See acast.com/privacy for more information.

A new paper from ISDA Future Leaders in Derivatives explores the potential for generative artificial intelligence in the derivatives market. Scott O’Malia talks to IFLD participants Tom Reynolds and Katherine Arden about the paper’s findings and recommendations. Hosted on Acast. See acast.com/privacy for more information.

Regulators have looked for ways to make the US Treasury market more efficient, competitive and resilient. What’s been achieved and what else is needed? ISDA talks to Michelle Neal at the Federal Reserve Bank of New York. Hosted on Acast. See acast.com/privacy for more information.

Sustainable and green finance will play a critical part in the transition to net zero. SGX’s Michael Syn talks about how the exchange is approaching this issue. Hosted on Acast. See acast.com/privacy for more information.

Darrell Duffie, professor at the Stanford Graduate School of Business, has highlighted shrinking bank balance sheet capacity as a key reason for bouts of illiquidity in the US Treasury market. What’s the answer? Hosted on Acast. See acast.com/privacy for more information.

From the final farewell of LIBOR to release of the long-awaited US capital proposals, several key issues have dominated derivatives markets in 2023. ISDA’s Scott O’Malia and Eric Litvack look back on the year. Hosted on Acast. See acast.com/privacy for more information.

Key pieces of EU financial market regulation have been reviewed, resulting in several key changes. What will this mean for derivatives market participants? ISDA speaks to ESMA executive director Natasha Cazenave. Hosted on Acast. See acast.com/privacy for more information.