derivatives - what is that revolution?

#DERIVATIVES

¿what is that revolution?

Juan Manuel Lopez

VenturaLabs.coFintech | Regtech

what is coming to

LatAm?

why is itimportant?

how did the world change?

agenda

why is it important that we talk about this now?

“CREDIT DEFAULT SWAPS

(…) IN ADDITION TO

INSURANCE THEY ALSO

PROVIDE A LICENSE TO

KILL

-

- George Soros

Barings:

us$ 2 B

LTCM

us$ 6 B

the recent financial crisis cost about

us$ 34 trillion in US and EU

at the time of the last financial crisisthe outstanding derivatives

traded in the world was

us$ 600 trillion9 times the world GDP

– Basel

what is coming to

LatAm?

why is itimportant?

how did the world change?

agenda

what exactly is being done?

“All standardized OTC derivative

contracts should be traded on

exchanges or electronic trading

platforms, where appropriate, and

cleared through central counterparties

by end-2012 at the latest. OTC

derivative contracts should be reported

to trade repositories. Non-centrally

cleared contracts should be subject to

higher capital requirements.

G20:

Pittsburg, 2009

G20Financial

Stability Board

Group of Governorsand Heads of Supervision

Basel Committeeon BankingSupervision

Clearing

Margin

Capital

Reporting

Pre-Trade

Trade

Execution

Pos-Trade

Collateral

Management

Reporting

PRE-TRADE

Bank (sell-side)

SEF SDR

Bank (buy-side)

Customer

CCR DCO

SEF SDRCCP DCOBroker

Brokerantes:

TRADE

EXECUTION

POS-TRADE

COLLATERAL

MANAGEMENT

after:

before:

REPORTING

what is coming to

LatAm?

why is itimportant?

how did the world change?

agenda

what's coming to LatAmmarkets now?

Pre-Trade

Trade

Execution

Pos-Trade

Collateral

Management

Reporting

“is not about the destination is the

journey”

what is coming to

LatAm?

why is itimportant?

how did the world change?

agenda

summary:

• why is it important that we talk about this now?

• what exactly is being done?

• what's coming to LatAm markets now?

Juan Manuel Lopezlopezleonjuan@gmail.com

Thanks¡¡

@lopezleonjuan /lopezleonjuan in/lopezleonjuan /lopezleonjuan

credits:

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