Podcast
Questions and Answers
What did the U.S. Treasury Department exempt from key Dodd–Frank regulations?
What did the U.S. Treasury Department exempt from key Dodd–Frank regulations?
- Interest rate swaps
- Deliverable forex derivatives (correct)
- Central clearing
- Platform trading
What was the basis of the exemption of forex derivatives from key Dodd–Frank regulations?
What was the basis of the exemption of forex derivatives from key Dodd–Frank regulations?
- Minimal impact on systemic risk
- Small amount of counterparty risk (correct)
- Low market volatility
- High liquidity
What did the author of the text suggest regarding the counterparty risk of deliverable forex derivatives?
What did the author of the text suggest regarding the counterparty risk of deliverable forex derivatives?
- It is negligible compared to other derivatives
- It is minimal and manageable
- It is not as small as suggested (correct)
- It is not significant in the forex market
What aspects of deliverable forex derivatives remain lightly regulated?
What aspects of deliverable forex derivatives remain lightly regulated?
What did the U.S. Treasury Department exempt forex derivatives from involving margin, central clearing, and platform trading?
What did the U.S. Treasury Department exempt forex derivatives from involving margin, central clearing, and platform trading?
What significant steps have been made in the United States and Japan toward pretrade price transparency and competitive swap trading?
What significant steps have been made in the United States and Japan toward pretrade price transparency and competitive swap trading?
Where are more than two-thirds of new trades in standardized interest rate swap and CDS index trading in the United States conducted?
Where are more than two-thirds of new trades in standardized interest rate swap and CDS index trading in the United States conducted?
How do buy-side firms typically obtain their positions on MTFs?
How do buy-side firms typically obtain their positions on MTFs?
What is the result of interdealer trade conducted on MTFs that use a central limit order book?
What is the result of interdealer trade conducted on MTFs that use a central limit order book?
What is a shortcoming of the reforms in terms of improving competition and lowering trading costs to buy-side market participants?
What is a shortcoming of the reforms in terms of improving competition and lowering trading costs to buy-side market participants?
