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Posts tagged as: CFTC

CFTC charges DRW

19 comments / November 8, 2013

Just two months ago DRW Trading sued the CFTC – in order to avoid being charged with rigging a certain future market. A technical story of different margin / collateral treatment of OTC derivatives versus listed futures in the fixed income world. Not really my cup of tea, but here are more details and background documentation.Read more

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DRW sues CFTC

21 comments / September 18, 2013

DRW, one of Chicago’s top of the bill trading firms, has filed a lawsuit against watchdog CFTC. It’s a strange story – at first it sounds like we have a bad loser in the game. But no such thing. The real news seems to be the CFTC is lacking critical expertise. Interest rate swaps andRead more

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