ISDA’s Pickel addresses friction between rules and commitments

ISDA executive vice-chairman Robert Pickel said regulators were "sensitive" to the issues created by the scrapping of the TriOptima repository. A clause in the new Fed letter should help to reduce the chance of another rates repository rethink situation, said Pickel. Pickel was speaking in a video interview with Risk magazine’s Duncan Wood at Isda’s annual general meeting in Prague on April 14. SUBSCRIPTION REQUIRED.

Watch: ISDA’s Pickel addresses friction between rules and commitments

Response to BoE on Systemic Stablecoins

On February 10, ISDA responded to the Bank of England’s (BoE) consultation on a proposed regulatory regime for sterling-denominated systemic stablecoins. In the response, ISDA highlights that any regulatory framework should be assessed through the lens of prudent risk management...

SwapsInfo Full Year 2025 and Q4 2025

Trading activity in interest rate derivatives (IRD) and credit derivatives increased in 2025, reflecting shifting monetary policy expectations and broader market conditions. IRD traded notional rose by about 46% year-on-year, led by an increase in overnight index swaps (OIS). Index...

Maintaining Focus on Basel III Endgame Recalibration

In its original form, the US Basel III endgame proposal would have resulted in disproportionate increases in capital for trading book activities, forcing banks to make difficult choices about their participation in certain businesses. After two-and-a-half years, a revised proposal...