Adrian Campbell-Smith (RBS Currency Options Trading) and Ben Hamdani (RBS Currency Structuring) examine the realm of multi-currency options and explain some of the reasons behind their increasing popularity
It is now generally accepted that banks should use a different pricing methodology depending on whether a derivatives trade is collateralised or non-collateralised. Specifically, dealers are now using overnight indexed swaps to discount the present value...
Corporate statement: The RICI® EnhancedSM indexes – attracting increasing interest from institutional investors
The Royal Bank of Scotland discusses the development of a series of indexes called the RICI® EnhancedSM Series. These indexes aim to avoid the negative roll yield in benchmark commodity indexes with lower volatility and optimised performance