Surviving Swings – A Derivatives And Trading Watch List

Recent market disruptions have resulted in reports of margin calls in amounts unseen since 2020. Those reports have turned the spotlight on derivatives, repos and other transactions. The significant role these products play in uncertain times is widely acknowledged.

What we have learned from recent times is that market disruptions happen quickly and increasingly in unpredictable ways.

Our global derivatives, finance, financial services, litigation and restructuring teams have practical hands-on experience in a wide range of market disruption events including the Asian, Russian and Euro-zone currency crises, the dot.com bust, Northern Rock, Bear Stearns, Lehman, Madoff, 1MDB, Covid, Greensill, Archegos and Ukraine. Based on these experiences, we are sharing our thoughts on key contractual items and regulatory points for the buy-side to consider in times of market and geopolitical distress and volatility.