Lukas Becker is the derivatives desk editor for Risk.net. His topics of interest include over-the-counter derivatives pricing, collateral management, market infrastructure and legal risk. He is based in London.
He was previously the Europe, Middle East and Africa editor of Risk magazine.
Seesawing markets prompt speculation of big losses for structured product issuers
Bilateral trades would be valued and margined using LCH swap curves
Intra-day calls criticised by banks; FIA working group pushing for change
Dealers say they lack capacity to renegotiate thousands of existing collateral agreements
Euroclear shuts at 12:15pm New York time, causing some US banks to miss T+1 cutoff
Banks and funds may have limited set of counterparties on September 1
UK bank hires former Morgan Stanley risk analytics head
Isda AGM: dealers fear pre-trade transparency could lead to front-running of hedges
Isda AGM: Mitsubishi UFJ Group CEO also sounds warning on sovereign risk weights and CVA
Shirakawa warns binding leverage ratio could harm banks' risk management practices
High cost of downgrade triggers forces Dutch bank to use alternative hedge
Derided pricing adjustment is being used to undercut competition, traders claim