News

Real-Time Risk: The 60-Second Rule

Real-Time Risk: The 60-Second Rule
21 May 2013:

The CFTC’s 60-second rule requires Futures Commission Merchants to accept or reject a trade within 1 minute, meaning they must run analytics against client portfolios in near real time to determine if they exceed some risk threshold. But that represents a dramatic change for FCMs, which typically have run their risk calculations in nightly batches, says Steven Harrison, President and COO of Imagine Software. Harrison and TABB Group partner Alex Tabb discuss the operational and technical challenges to — and benefits of — performing real-time risk analysis, as well as the shortcomings of the 60-second rule itself.

Interviewer Alex Tabb   Source: TABB TV   Categories: Derivatives, Technology, Regulatory, Fixed Income
Topics: Clearing and settlement, Compliance, Futures, IT governance/infrastructure, Regulations, Swaps, Trading technology infrastructure.

WATCH the INTERVIEW HERE

Related News

Perennial Value Selects Imagine Software to Manage Risk for New Wealth Defender Product 

NEW YORK – August 21, 2014 –Imagine Software, a leading global provider of financial risk and portfolio management solutions, today announced that Perennial Value, an Australian-based investment firm managing $8.2 billion on behalf of institutional and retail clients...

August 21, 2014

Imagine Software Expands Nordic Presence with Signing of Asymmetric Asset Management 

NEW YORK, February 19, 2013 - Imagine Software, a leading provider of real-time portfolio and risk management solutions worldwide, today announced that Asymmetric Asset Management selected its award-winning Imagine Trading System.

February 19, 2013

Latest Tweet