risk.net/derivatives/77…

The retail feeding frenzy in GameStop shares and derivatives created extraordinary dislocations in options prices #Gamestop #Derivatives hubs.li/H0FYt2W0

Korea lifers set to increase hedging as accounting shake-up looms risk.net/derivatives/77…

Swaps users shun cash compensation in LCH Libor switch #Benchmarks #LCH hubs.li/H0G-vfl0

Korea has picked a “very credible” RFR, dealers say risk.net/derivatives/78…

Ability to apply close-out netting for capital calculations in India will boost derivatives market, say dealers hubs.li/H0M1GYP0

New hedging opportunities for foreign lenders hubs.li/H0MxM8t0

US investors are hoovering up JGBs, but the preferred clearing house for long-dated yen interest rate swaps is off limits for many US investors #Derivatives #JGBs hubs.li/H0MXTst0

BoE’s post-Libor clearing plan leaves yen swaps in limbo #Tonar #Libor hubs.li/H0P0Bxw0

Chinese exporters told to pay more attention to the management of currency risks: hubs.li/H0P8gb30

IHS Markit offers credit-sensitive alternative to #SOFR. hubs.li/H0Pq9MV0

Sales of China’s snowball notes fall risk.net/7894576

NEW: VTB and Sberbank face directional exposure to local corporates after mass unwinds by foreign banks risk.net/derivatives/79…

Our paywall is down today and tomorrow! Read all of our content on Risk.net for free (and perhaps consider taking up a full subscription)

It was great to get our story on UK LDIs facing huge margin calls out last night, pension fund/margin call liquidity risk is a topic we’ve been following for years 🧵 risk.net/derivatives/79…

This week’s BoE intervention in the gilts market was not a shock. It was exactly what pension funds had warned would happen if their long-dated liability hedges were subject to cash margin requirements. Way back when, Risk.net wrote about this stuff a LOT. Thread!

With revenues from 'snowballs' falling, securities houses are now exploring alternatives to plug the gap hubs.li/Q01BkyTR0

We investigate how banks have hit upon an ingenious way of shifting vast quantities of derivatives off balance sheet hubs.li/Q01JTBJD0