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Description

OTC Derivatives: Applying the Rules and Securing Post-Trade Monitoring

Translating clearing, reporting and margin obligations into working middle-office procedures

  • 1 day — 7 h
  • In-person or virtual
  • Expert
  • Up to 6 participants

With over-the-counter derivatives, the gap between the rulebook and the trading floor widens quickly. A mis-categorised transaction is not routed to clearing. An incorrect identifier causes the trade repository submission to be rejected. A disputed margin call stays open for days. The middle office absorbs this friction without always having a clear view of the obligation that creates it.

This one-day programme connects each regulatory obligation to the concrete processing it requires. Participants work on counterparty categorisation, the clearing chain, the content of reporting submissions and margin exchange. The level assumes confident hands-on practice with derivatives.

Learning objectives

  • Categorise counterparties and determine the obligations applicable to each
  • Route transactions between central clearing and bilateral processing
  • Organise the production of trade repository submissions and the handling of rejections
  • Apply initial margin and variation margin exchange rules
  • Conduct portfolio reconciliation and dispute resolution
  • Structure second-level controls across the processing chain

What makes this programme different

Each obligation is broken down into a concrete middle-office task with its control point
Reporting rejections are analysed on real examples and corrected
A disputed margin call is worked through to the full resolution procedure

Programme

1Scope of Application and Categorisation

Determining what applies to whom

  • Types of over-the-counter derivative contracts concerned
  • Counterparty categories and thresholds triggering obligations
  • Exemptions and treatment of intragroup transactions
  • Operational consequences of a change in category
  • Contractual documentation and master agreements

2Clearing, Reporting and Trade Repositories

Securing outbound flows

  • Central clearing chain and the role of clearing members
  • Processing of transactions that remain bilateral
  • Content of reporting submissions and identifiers used
  • Managing rejections and reconciliation breaks between counterparties
  • Monitoring the quality of reported data

3Margin, Reconciliation and Controls

Holding the chain together day to day

  • Rules governing initial margin and variation margin exchange
  • Position valuation and the price sources used
  • Managing collateral received and posted and monitoring thresholds
  • Portfolio reconciliation and the dispute resolution procedure
  • Building the control framework and its monitoring indicators

Who is it for

Middle-office managers and staff, together with professionals working in risk control, compliance and market operations.

Prerequisites

Confident practical knowledge of derivative products and of post-trade processing chains.

Dates & locations

36 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.