"During the financial crisis, the size of the derivative market became an issue. In the post crisis period, regulators have moved from a bank-centric risk model to a clearinghouse-centric model."
October 2019Russell Clark on Clearing House Mispricing
"Clearing houses take a backward-looking view on risk. 2017 was the year of lowest average volatility ever but, as this rolls off the back of the look back period, will margins increase?"
"Global photocopier and printer sales are in structural decline, largely due to an ongoing shift from paper-based work-flow and communications to digital."
