Product Representation for Standardized Derivatives (UPI, UTI/USI)

In this white paper we examine how product identifiers could be used for the standardized portion of the OTC derivatives markets. The first part of the paper contains a proposed approach, details the main fundamentals for the approach and describes the benefits of this change in market infrastructure. In the second part of the paper we examine a set of use cases and describe the next steps.

Documents (1) for Product Representation for Standardized Derivatives (UPI, UTI/USI)

FRTB Impact on Correlation Trading

The capitalization of the correlation trading portfolio (CTP) under the Fundamental Review of the Trading Book will have an adverse economic impact for users of these instruments. In particular, there is a lack of clarity and consistency in the application...

A Path to Greater CFTC-SEC Alignment

Earlier this week, the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) held a roundtable on regulatory harmonization – an initiative we wholeheartedly support. The US regulatory framework has evolved over time to facilitate financial markets...