A joint finance-technology-government effort to safeguard the market infrastructure has already resulted in a secret command center and preliminary guidelines for industry-wide best practices.
QUOTE OF THE MONTH: - “It is likely that doubt and a lack of market confidence will affect all energy trading for some time to come” Francis Hervé, chief executive of EDF Trading, the London-based trading subsidiary of Electricité de France...
QUOTE OF THE MONTH: - “I have come to you with a problem – we need to outsource our balance-sheet funding” From an e-mail sent last year by John Rusnak to an unnamed counterparty, referring to his deep-in-the-money options trades, or ‘synthetic...
Investing in IT infrastructure development is essential in today’s often fractured environment of rival software languages and specific trading needs. Clive Davidson discovers what is on offer to bring these disparate elements together
QUOTE OF THE MONTH: - “Few regulators really understand derivatives... That’s not their fault, many of us don’t either” A London forex trader commenting on AIB’s $750 million loss. Source: The Mirror, February 7
John McGillian tells Jeff Benjamin about the best opportunities for hedge fund incubators ' in CTAs and macro hedge funds
Derivatives dealers get a substantial edge if they can model and price positions faster than their competitors. So system vendors are seeking to rev up the Monte Carlo simulation engines that power many of their analytics.
Prime brokerage is famously dominated by a few leading participants who control the market. Sophie Radnor talks to the prime brokers who are hoping to win some market share in 2002.
In volatile markets, technology must enable managers to navigate these difficult conditions. Can the current systems feed the market?
Sophie Radnor speaks to Gavin Lavelle, president of Panorama at Sungard
Asset and liability management systems sales continue to be strong in the US and Europe, thanks to Basel II preparations. But it is in the emerging markets that vendors say strong sales growth will come in 2002.
Some online risk management products failed to live up to expectations last year, but software vendors forge ahead, developing products that support fast-growing markets such as credit derivatives and CDOs, and tools to help banks meet Basel II requirements.