Better Together – IQ May 2023

There were a couple of big themes running through ISDA’s Annual General Meeting (AGM) in Chicago earlier this month. One was the regulatory and market responses to the series of stress events that have rocked markets since the dash for cash in March 2020. Others included the impact of the recent banking turmoil, the (mis)management of interest rate and liquidity risk and the role of social media in the collapse of Silicon Valley Bank, as well as the ongoing US debt ceiling discussions.

Over the two days of the AGM, delegates heard from leading regulators and industry leaders, including Commodity Futures Trading Commission chairman Rostin Behnam (who was interviewed on-stage by Bloomberg’s Tracy Alloway and Joe Weisenthal in a live recording of the Odd Lots podcast), Securities and Exchange Commission chair Gary Gensler and US Treasury under secretary for domestic finance Nellie Liang.

This issue of IQ takes a lightening tour of some of the issues covered by this year’s keynote speakers and panels, as well as providing information on some of the materials distributed at the AGM, from the 2022 Margin Survey to ISDA’s latest animations on collateral management process efficiency and voluntary carbon markets. For more AGM content, watch ISDA’s interviews with a number of policymakers and market participants who spoke on the panels here.

We’d like to take this opportunity to sincerely thank all our delegates, speakers and sponsors for supporting the event – we simply couldn’t run it without you. We very much hope to see all of you for the 38th AGM in Tokyo in April 2024.

Click on the PDF below to read IQ in full.

Documents (1) for Better Together – IQ May 2023

Launch of US Treasury Repo Market Indicators

ISDA has launched the ISDA-Actrix US Treasury Repo Market Clearing Indicators in collaboration with Actrix. The indicators illustrate central clearing adoption in the US Treasury repo market. Sponsored cleared repo volumes are used as a proxy to monitor client participation...

ISDA-Actrix US Treasury Clearing Indicators

This report provides indicators that illustrate central clearing adoption in the US Treasury repo market. Sponsored cleared repo volumes are used as a proxy to monitor client participation in central clearing, the key objective of the Securities and Exchange Commission's...