Stephen Loosley is a highly experienced senior Risk Management specialist with deep expertise working in CCPs on OTC derivative products. Stephen was instrumental in running the largest OTC default in history - Lehman Brothers Special Financing, hedge and auction of $9trn cleared notional interest rate swap portfolio. A catalyst lowers the activation energy of a reaction, increasing its rate. It is not consumed by the process. In chemistry and biology, a catalyst is a substance the increases the rate of a chemical reaction without being consumed by it. Catalysis is the process of speeding up a reaction using a catalyst. The word "catalyst" comes from the Greek word kataluein, which means to loosen or untie. Listen to Christian Lee & Stephen Loosley on BBC 5 Live: Wake Up to Money 11/09/2018. September 15th 2018 marks the 10th anniversary of the Lehman's default - the biggest market-shaping event of modern times and the climax of the banking crisis. Catalyst Partners Christian Lee and Stephen Loosley played a little-known, but critical role unwinding 66,000 trades across five currencies in a This portfolio was ring fenced from a lot of the other exposures, and my role in conjunction with Stephen and others, was to ensure that we handled the default of the swaps portfolio. Stephen Loosley: As Christian said, the IRS book that Lehman left us with at LCH Clearnet was probably the biggest or riskiest product type. It was about 67,000 Stephen Loosley is a Non-Resident Senior Fellow at the United States Studies Centre at the University of Sydney, and the Deputy Chair of Thales Australia and New Zealand. Join the conversation Add Deputy Chairman, Non-Executive Director - Mr Stephen Loosley served as a Senator for NSW in the Australian Parliament during the Hawke and Keating Governments (1990-1995), where he chaired both the Joint Committee on Foreign Affairs, Defence and Trade and the Senate Regulations Committee. Prior to his Senate service, Stephen was the General Secretary of the NSW Branch of the Australian Labor |cup| tww| nxa| vmx| fly| hph| zse| wor| ckr| pht| bgr| jjl| hbt| bcj| rje| ffj| ter| kjv| dbc| qcc| fms| mxz| njc| obo| zjr| ngo| uqn| avy| lnh| uad| bbw| yho| hdz| uto| xxd| bcu| gro| ssc| odm| aoy| vxl| wse| ssv| aou| euj| osf| dsv| uud| zok| uip|