Archive - Clearinghouses of Capital Flows and Asset Markets

TAKING A CLOSER LOOK AT LCH

What do regulatory disclosure tell us about LCH and its roles in the gilt sell off and LDI implosion of 2022?

Jul 27, 2023 •

15:45

March 2023

CLEARINGHOUSES - LDI AND THE LESSONS WE WON'T LEARN

Regulators are still blaming the funds - and not the clearinghouses

Mar 8, 2023 •

12:51

October 2022

LSE IS TO BLAME FOR THE GILT CRASH

More than leveraged pension funds, mismanagement of bond clearing at LCH is likely reason behind gilt crash

Oct 12, 2022 •

8:50

CLEARINGHOUSES AND THE GILT MELTDOWN

Clearinghouses are a market reform that really makes little sense. There were likely at the centre of the blow-up in the Gilt market.

Oct 3, 2022 •

7:25

May 2022

Problems at ICE show that the real purpose of clearinghouse reform was to remove a banks ability to force another bank into bankruptcy.

May 30, 2022 •

9:10

April 2022

THE RUSSIAN INVASION OF UKRAINE SHOULD HAVE DESTROYED CLEARINGHOUSES

The ISDA-SIMM suggested that there should have been a dangerous amount of leverage be in oil spread trades. Given the moves we have seen, clearinghouses…

Apr 6, 2022 •

11:25

March 2022

BUY THE DIP OR SELL THE RIP - PART III

Is liquidity really the only thing that matters?

Mar 25, 2022 •

11:50

CLEARINGHOUSES - FEEDBACK FROM USERS

Looking at clearinghouses from a users view

Mar 21, 2022 •

9:32

HOW CLEARINGHOUSES MISPRICE RISK

Looking at the examples of mispriced risk from clearinghouses so far. VIX, European Power, Treasuries (Repo) and Nickel

Mar 16, 2022 •

11:36

AFTER LME, LCH ADDENDUM

Extra details to answer some comments and questions

Mar 14, 2022 •

11:08

AFTER LME, LCH IS NEXT CLEARINGHOUSE LIKELY TO GET IN TROUBLE

LCH has already had problems, but this time the Federal Reserve will struggle to bail them out

Mar 11, 2022 •

9:18

WHAT'S HAPPENING WITH THE LME AND NICKEL

A LME member has defaulted, but the LME does not want to declare default

Mar 9, 2022 •

6:37

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