Episode 3: Building Momentum in Alternative Rates

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LIBOR is on its way out – but what will replace it? What alternative rates are available, how widely used are they and what needs to happen to bolster liquidity? In this episode, Jack Hattem, managing director in global fixed income at BlackRock, and Subadra Rajappa, head of US rates strategy at Société Générale, give a traders’ perspective on the benchmarks that are being introduced to replace the IBORs.

Paper on MIFIR PTT

On April 7, ISDA, the Association for Financial Markets in Europe (AFME), the International Capital Market Association (ICMA) and the European Banking Federation (EBF) published a paper on proposals relating to post-trade transparency (PTT) under the Markets in Financial Instruments...

Data Integrity for Single-sided Reporting

On April 2, ISDA published a paper on why single-sided reporting does not compromise the quality and integrity of data received by supervisors. The paper addresses concerns among regulators that moving from dual-sided reporting would adversely affect the quality of...

Paper on Removal of SI Regime

On April 2, ISDA, the Association for Financial Markets in Europe (AFME) and the International Capital Market Association (ICMA) published an update to a paper, originally published in October 2025, on the practical implications of the systematic internalizer (SI) regime...

Measured Adjustments - IQ April 2026

Eighteen years on from the global financial crisis of 2008, the rollout of central clearing, margining of non-cleared derivatives trades and higher capital requirements has completely reshaped derivatives trading and risk management. But effective regulation requires regular monitoring to ensure...