Day: 8 June 2020

ISDA, Aosphere, Launch e-Contracts Service

With an increasing number of financial markets contracts being confirmed electronically, the International Swaps and Derivatives Association (ISDA) and Aosphere have launched a new service that will enable users to quickly and efficiently assess issues relating to the enforceability of electronically executed and confirmed contracts. The tool, called Diligence – ISDA e-Contracts, covers ISDA’s e-contract opinions […]

Is IBOR Transition Going Smoothly?

Pressure is building for market participants to abandon Libor in favour of Risk Free Rates, but data suggest the transition isn’t proceeding as smoothly or as quickly as hoped. Is this the case and what needs to be done to get things moving quicker? Profit & Loss Dial-In Day Frankfurt featured an interview with the […]

And Finally…

In a strange quirk of timing, just a day after I published my thoughts on the need for traders to escalate issues, we got news of a whistleblower being awarded $50 million, purportedly for revealing details of how a bank harmed customers. In Thursday’s column I argued that the trader who last week told a […]