Hints and tips:
...When I lost my clearer I wasn’t vertically integrated. So I had an inferior product,” he said.This time he has LCH, the world’s largest clearing house, as a partner, he said....
...As a young man in the early 1980s, he ran twice, unsuccessfully, for Congress in Connecticut. In 1983, he founded Aristotle Inc, a technology consultancy that sold voter data to political campaigns....
...The company’s approach to product design is an example of this, as the legal team works closely with product designers — sometimes years before there is a prototype — to ensure that intellectual property...
...The bigger of the two is a near-$21bn all-stock merger between Analog Devices and its rival semiconductor maker Maxim Integrated Products....
...There was also Analog Devices’ $20bn deal to buy rival chipmaker Maxim Integrated Products as well Teladoc Health’s $18.5bn takeover of Livongo....
...Since 2016 ISDA has worked on what Deepak Sitlani, head of the derivatives and structured products group at Linklaters in London, describes as “standardised prescriptive fallbacks”....
...Mr Takatori is also one of Japan’s foremost specialists on cyber security in the context of litigation and dispute resolution....
...If you're a seller on Amazon's marketplace who has chosen to be fulfilled by Amazon's warehouse system (a scenario which sees Amazon dispatching the seller's products on their behalf from its warehouses)...
...The designation — based on MetLife’s widely-held insurance products and its involvement in capital markets — would subject the insurer to tougher oversight by the Federal Reserve....
...We now expect banks to behave badly, whether in selling us dud insurance, pushing incomprehensible derivatives or fiddling the sums on Libor....
...Conti also owns Wayne Farms, the fifth largest vertically integrated poultry processor in the US. It also owns the largest cattle feeding operation in the US through a joint venture with Smithfield....
...Ian Axe, LCH.Clearnet chief executive, said: “The kind of structure we’re looking at will be complementary to regulators’ wishes. We’re bringing banks, brokers and trading venues together.”...
...All other large clearing houses in Europe are owned by exchanges in an integrated model known as a “vertical silo”....
...But other banks may be in a different position. It’s possible that if you don’t have a certain scale, if you don’t have product A, you’re not going to be able to compete.”...
...As a result of the re-engineering programme, JPMorgan is in the process of rationalising its derivative trading platforms from 14 to just two – one for fixed income and one for equities....
...Integrated vertical trading and clearing silos are best placed to profit from the push towards regulated trading, even if attempts to force open up access survive in the final legislation.”...
...On the revenue side, the LSE could bring new products (especially derivatives) to the table....
...However, this ruling could prompt legislative action or other litigation in the US to re-examine the ‘flip’ clause issues in that jurisdiction....
...Vast profits were made from borrowing cheaply, often short-term, and assuming that the risks inherent in products from domestic mortgages to complex derivatives were negligible....
...integrated models....
...While they’re more than happy to talk about the products they’re providing to clients, it gets awkward when you start asking about the processes used for facilitating them or how optionality is deployed....
...in field-programmable gate arrays, a type of integrated circuit; and Hynix and Elpida over their DRAM and flash memory products....
...The CBOE has filed a petition for a “declaratory judgment” from an Illinois federal court in an attempt to pre-empt litigation from the ISE that could re-ignite a five-year-old case in which the ISE sued...
...Currently, there are numerous disputes concerning derivative transactions between banks and their clients at various stages of litigation and a significant source of earnings to litigation lawyers....
...contracts – a bit like how banks, companies and fund managers traded credit derivatives in the past decade....
International Edition