Energy firms in the eastern US are upset about the underfunding of financial transmission rights (FTRs) in the PJM power market, saying it has made FTRs useless as a hedging tool. But even though its price...
If a clearing house runs into trouble, its first phone call will be to commercial providers of liquidity. Its second – and last – option is to turn to the central bank. That is an arrangement some...
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
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By January 2002 – just one month after US energy giant Enron filed for bankruptcy – the more lasting implications were becoming clear in the pages of Energy Risk
Differences in the cost of yen and dollar funding are significantly impacting the price of Japan equity options at the long end of the curve and driving dealers on to the listed market
Ice, CME and Eurex have all staked a claim on the Asian clearing markets via a range of methods including buyouts, tie-ups and new ventures – but it’s not clear if their moves will be successful
Cross-product margining opportunities and continued interest in Japan sees exchange president Hiromi Yamaji feeling bullish
A trading error by HanMag Securities last December saw all members of KRX's listed derivatives platform lose a portion of their default fund contributions – but the exchange itself paid nothing
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.